Seller's Agent

Learn how a seller’s agent helps Canadian homeowners list and sell their property, from pricing to closing, and what fiduciary duties they owe.

Seller's Agent

May 22, 2025


What is a Seller's Agent?

A seller’s agent, also known as a listing agent, is a licensed real estate professional who represents the interests of the property seller in a real estate transaction.

Why Do Seller's Agents Matter in Real Estate

In Canadian real estate, the seller’s agent plays a key role in marketing the property, attracting buyers, and negotiating offers on behalf of the seller.


Responsibilities typically include:
  • Pricing the home strategically using market analysis
  • Listing the property on the MLS
  • Hosting open houses and private showings
  • Advising the seller on offers and counteroffers
  • Coordinating legal and administrative steps toward closing


The seller’s agent owes fiduciary duties to their client, including loyalty, confidentiality, and full disclosure. Their commission is generally paid from the proceeds of the sale, typically shared with the buyer’s agent.


Understanding the role of the seller’s agent is essential for homeowners looking to sell, as the agent directly impacts sale price, timing, and ease of transaction.

Example of a Seller's Agent

A homeowner hires a seller’s agent to list their Toronto condo, who markets it across MLS and social media, leading to multiple offers above asking price.

Key Takeaways

  • Represents the property seller.
  • Provides pricing, marketing, and negotiation support.
  • Paid through sale commission.
  • Bound by fiduciary duties.
  • Crucial to a smooth and profitable sale.

Related Terms

  • Buyer’s Agent
  • Dual Agency
  • Listing Agreement
  • Commission
  • MLS

Additional Terms

Bridge Financing

Bridge financing is a short-term loan that helps homebuyers cover the financial gap between buying a new property and selling their existing one.. more

Bridge Loan

A bridge loan is a short-term financing option that allows homeowners to borrow against the equity in their current property to fund the purchase of. more

Firm Offer

A firm offer is a legally binding agreement to purchase a property that contains no conditions. Once accepted, it commits both the buyer and the. more

Foreclosure

Foreclosure is a legal process through which a lender takes ownership of a property when the borrower defaults on their mortgage payments.. more

Closing Costs

Closing costs are the various fees and expenses that buyers and sellers must pay to finalize a real estate transaction, separate from the property’s. more

Assignment Sale

An assignment sale occurs when the original buyer of a property (the assignor) sells their rights in the purchase agreement to a new buyer (the. more

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