TRENDING: Hullmark To Manage Redevelopment Of Jane Finch Mall

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

Budgeting

Budgeting in real estate refers to the process of forecasting and managing income and expenses associated with owning, operating, or developing a property.. more

Tenant Improvements

Tenant improvements refer to custom modifications or build-outs made to a leased space to suit the tenant’s operational needs, often negotiated as. more

Highest and Best Use

Highest and best use refers to the reasonably probable use of a property that results in the highest value, provided it is legally permissible,. more

Gross Lease

A gross lease is a commercial lease where the tenant pays a fixed rent, and the landlord covers most or all operating expenses such as property. more

Brownfield

A brownfield is a property that was previously used for industrial or commercial purposes and is now vacant or underused, often requiring. more

Record of Site Condition (RSC)

A Record of Site Condition (RSC) is a formal document filed with a provincial environmental authority certifying that a property meets required. more

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