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



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

Recourse Loan

A recourse loan is a type of loan where the lender can pursue the borrower’s personal assets, beyond the collateral, in the event of default.. more

Pari Passu

A pari passu clause is a contractual provision ensuring that multiple creditors share equally in repayment priority from the borrower’s assets.. more

Non-Recourse Loan

A non-recourse loan is a type of loan where the lender’s only remedy in case of default is to seize the collateral property; the borrower is not. more

Net Operating Income

Net operating income (NOI) is the total income generated by a property after operating expenses are deducted but before taxes and financing costs.. more

Mechanic's Lien

A mechanic’s lien is a legal claim by a contractor, subcontractor, or supplier for unpaid work or materials provided for a property.. more

Lis Pendens

Lis pendens is a legal notice filed in the land registry indicating that a property is subject to ongoing litigation that may affect its title.. more

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