Is there a cooperating commission if the buyer is represented by another agent?

This is completely up to you, the homeowner. We suggest you do offer the standard commission in your city, this is to create an incentive for all the buyer agents in your area to bring their clients to your home. This will get more buyers interested in the hopes of driving up the price. Their fee is paid upon closing. If however, we receive a call from someone who isn’t an existing client who saw your home through our advertising and marketing efforts and would like to make an offer we completely waive the cooperating commission for our sellers, leaving only the simple $5,900 flat fee. Even according to the real estate council of Ontario (RECO) cooperation from agents tends to be an issue which is one of the reasons why we suggest offering the cooperating commission.