Real estate professionals in Canada’s oil HQ earn an average of $56,972 in commission each year.
The second-best province for agent earnings is British Columbia, where agents bring in an average of $53,154.29 a year. Despite loads of competition (we’ll get into that on Monday), the province’s high average home price boosted earnings.
Rounding out the top three is Saskatchewan. Agents there earn an average of $52,930.80 in commissions each year.
4th – Ontario:
5th – Manitoba:
6th – Quebec:
7th – New Brunswick:
8th – Nova Scotia:
9th – Prince Edward Island:
* Data for Newfoundland & Labrador was unavailable at press time.
To get our numbers, we used CREA’s average home price and assumed a five per cent commission split between the buying and selling agents – largely seen as the national average. We then multiplied that by the average number of sales transactions the average agent in each province makes – details you can find at REPmag.ca
on Monday. But keep in mind that old 20/80 rule: a fifth of the agents do 80 per cent of the work. So, while we’ve endeavoured to bring you the most accurate information, our list averaged every agent’s earnings and activity – from part-timers to top-performers and everyone in between.