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Updated October 7, 2026 · Coldwell Banker Summit Realty, Brokerage

Reviewed by Waqar Afzal, Broker of Record ·

Brokerage services, representation, fees and disclosures. Mortgage, tax and legal information links to official sources and requires advice from the appropriate professional.

Registration and roles

You may trade once RECO registers you as a salesperson or broker. Unregistered assistants can perform administrative tasks but cannot trade in real estate. Provincial registration still requires competence in the local market.

Official source

Brokerage fees

The approved package configuration sets a $500 minimum brokerage share per completed transaction, starting with the fifth transaction in a calendar year. The live calculator includes minimum top-ups. Your written agreement confirms tax treatment.

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Agent Careers

Join Coldwell Banker in Ontario: Careers at Coldwell Banker Summit Realty

A recognized brand opens doors on a listing appointment; a modern platform helps with everything after. Here is what joining Coldwell Banker through Summitly means in practice.

The short answer

In Ontario you join Coldwell Banker by joining one of its independently owned and operated franchise brokerages. Coldwell Banker Summit Realty, Brokerage (Vaughan) is one: agents work under the Coldwell Banker brand, with access to Global Luxury and Commercial, plus Summitly's platform — Zara, instant valuations and MLS® tools.

Joining Coldwell Banker: key facts

Brokerage
Coldwell Banker Summit Realty, Brokerage — registered with RECO
Model
Independently owned and operated Coldwell Banker franchise
Head office
310-3100 Steeles Ave W, Vaughan, ON
Broker of Record
Waqar Afzal
Brand programs
Coldwell Banker Global Luxury and Coldwell Banker Commercial
Franchise fee passed to agents
None listed separately — the agent fee schedule is the monthly fee, the transaction fees and the office minimum

Why Summitly for joining Coldwell Banker

A brand sellers know

Coldwell Banker recognition on every listing appointment.

Global Luxury & Commercial

Access to the brand's luxury and commercial programs.

Summitly's platform

Zara, instant valuations, MLS® search and market reports.

Included

Everything included at no extra cost

  • 24/7 office accessRound-the-clock access to the Vaughan office and a dedicated work area.
  • Up to 200 copies a monthUp to 200 black-and-white copies every month.
  • 500 business cardsYour first order of 500 business cards is free when you join.
  • Professional headshotOne professional headshot.
  • Social graphics for every dealBranded social-media graphics for every new listing and every sale.
  • Listing & buyer kitsListing presentation kits, buyer and seller packages, and pricing and market-intelligence tools.
  • Event items to borrowBorrow a branded tent, banners and a table cover for events.
  • Open-house technologySign-in systems, QR codes, digital feature sheets and automated follow-ups; some devices at cost.
  • CRM & back-end systemsThe brokerage CRM, back-end systems and Coldwell Banker marketing and technology tools, with full training.
  • Summitly AI platformAI search, market intelligence, Zara chat and automation.
  • Global Luxury & CommercialColdwell Banker Global Luxury and Commercial specialty programs, open to every agent.
  • In-house mortgage partnerRefer clients to our mortgage brokerage partner. Any referral fee is paid to the brokerage, not to you directly, and must be disclosed to your client in writing, with its estimated value, before they proceed (RECO Bulletin 3.3).
  • Preferred vendor discountsDiscounts with the brokerage's preferred vendors.

Included at no extra cost. Optional and paid: Done-for-you marketing (video, posting and social management, paid campaigns). Teams, shared administrators and unlicensed assistants are allowed.

Three ways to work

Package A, Package B or Brokerage Leads

Two packages for the business you bring, and the Leads Plan with a 50/50 split on leads the brokerage provides. Pick the package that fits your year — the numbers are all below.

Package A

95/5

you / brokerage, on sales

  • $200 + HST a month
  • $799 + HST on each of your first 4 deals a year, then none
  • A $500 brokerage minimum applies; see your agreement for details

Who it's for: Agents with steady deal flow who want the highest split from the first dollar.

Package A in detail

Package B

90/10

you / brokerage, on sales

  • $125 + HST a month
  • $499 + HST on each of your first 4 deals a year, then none
  • 95/5 after $100,000 GCI (resets January 1)
  • A $500 brokerage minimum applies; see your agreement for details

Who it's for: Newer agents and anyone building up — lower fixed costs, and 95/5 once you pass $100,000 GCI in the year.

Package B in detail
Best if you want leads

Leads Plan · Brokerage Leads

50/50

on deals from leads the brokerage provides, sales or leases

  • $299 + HST a month
  • No transaction fees
  • 90/10 on the business you bring yourself
  • No charge per lead — buyer or seller, sales or leases
  • Warm and never shared — each lead goes to one agent
  • From summitly.ca enquiries, Summitly apps, Zara AI conversations, ads and more
  • Worked in the brokerage CRM

Who it's for: agents who want brokerage leads and a mentor to help close them. Agents who want leads join the Leads Plan.

How Brokerage Leads work
Compare the three plans
TermPackage APackage BLeads PlanBest if you want leads
Monthly fee$200 + HST$125 + HST$299 + HST
Transaction fees$799 + HST on each of your first 4 a year, then none$499 + HST on each of your first 4 a year, then noneNone
Split on your own deals95/590/10, 95/5 after $100,000 GCI in a calendar year90/10
Brokerage LeadsNot includedNot includedIncluded: 50/50 on deals from them, no charge per lead
Best forSteady producers who bring their own businessNewer agents building their own businessAgents who want warm leads and help closing them

All amounts before HST. Full terms are in the Independent Contractor Agreement you review before joining.

All amounts before HST. No annual cap. Residential and condo leases: $250 + HST per side. A $500 minimum brokerage share applies per completed transaction, starting with transaction 5 in each calendar year; see your agreement for tax treatment and details. Full terms are in the Independent Contractor Agreement you review before joining. At four deals a year, Package B costs less below about $42,000 of GCI and Package A above it. Every fee, explained.

How Coldwell Banker works in Ontario

Coldwell Banker brokerages in Canada are franchises: each office is independently owned and operated and registered with the provincial regulator in its own right. Joining Coldwell Banker in Ontario therefore means joining a specific brokerage — its broker of record, its terms and its support — under the shared brand.

Coldwell Banker Summit Realty, Brokerage is registered with RECO and based in Vaughan. RECO registration is provincial, so you can trade anywhere in Ontario, provided you have the local knowledge to serve the client competently (O. Reg. 365/22, ss. 9 and 11).

What the brand gives you

  • A name sellers and relocating buyers recognize before they know yours.
  • Coldwell Banker Global Luxury, the brand's luxury program, for premium listings.
  • Coldwell Banker Commercial for commercial work.
  • The brand's referral relationships with other Coldwell Banker offices.

Brand plus platform

At Summitly the brand comes with a technology platform: Zara, Summitly's AI virtual agent, chats and talks with buyers, sellers and renters on the platform around the clock, and instant home valuations, MLS® map search with sold history, city market reports and pre-construction project pages. Summitly's Brokerage Leads are leads the brokerage generates — from summitly.ca enquiries, Summitly apps, Zara AI conversations, ads, social campaigns, call tracking, events — and hands to its agents. They are warm: the person contacted Summitly themselves about buying, selling or renting a home. Each lead goes to one agent only; it is not shared. Leads go to agents on the Leads Plan: $299 + HST a month, no transaction fees, with 90/10 on the business they bring themselves. There is no charge per lead; on a closed sale or lease from a Brokerage Lead the commission is split 50/50, and you work the lead in the brokerage CRM, with coaching to help you convert it.

Summitly (Coldwell Banker Summit Realty) has two packages for your own business. Package A is a 95/5 split with a $200 + HST monthly fee and $799 + HST on each of your first 4 completed transactions in a calendar year. Package B is 90/10 with $125 + HST a month and $499 + HST on the first 4, moving to 95/5 for the rest of the year after $100,000 GCI. A $500 minimum brokerage share applies per completed transaction, starting with transaction 5 in each calendar year; see your agreement for tax treatment and details. To receive brokerage leads, agents join the Leads Plan: $299 + HST a month, no transaction fees, 90/10 on their own deals, and 50/50 on deals from leads the brokerage provides.

Brokerage Leads

We give you warm leads. Never shared. And we help you close them.

When someone contacts Summitly about buying, selling or renting, we hand the lead to one agent — you. Agents on the Leads Plan ($299 + HST a month, no transaction fees, 90/10 on your own deals) receive them: no charge per lead, 50/50 when it closes, and a senior broker to help you convert. We don't promise a number of leads.

  • Warm: they contacted us first
  • Not shared: one lead, one agent
  • Leads Plan: $299 + HST a month, no transaction fees · 50/50 on close
  • Coaching to convert, every step

Book a confidential conversation

Tell us about your business and we'll show you which package fits, how Brokerage Leads work and who your mentor would be — no pressure, fully confidential.

Confidential. No pressure. We never contact your current brokerage.

Joining Coldwell Banker: frequently asked questions

How do I join Coldwell Banker in Ontario?

Join one of the brand's independently owned and operated Ontario brokerages. Coldwell Banker Summit Realty, Brokerage (Vaughan) welcomes RECO-registered salespersons and brokers, and students in RECO's Real Estate Salesperson Program (delivered by Humber). You can join once RECO has registered you as a salesperson. — request a confidential conversation through this page.

Are there Coldwell Banker jobs for new agents?

Agents at Coldwell Banker brokerages are self-employed, commission-based independent contractors rather than salaried employees. At Coldwell Banker Summit Realty in Vaughan, new and experienced agents choose Package A or B, and every agent gets 1-to-1 mentorship and weekly training.

Is there a Coldwell Banker brokerage in Vaughan?

Yes — Coldwell Banker Summit Realty, Brokerage is at 3100 Steeles Ave West, Suite 310, Vaughan, with 24/7 office access for its agents. Its Broker of Record is Waqar Afzal, and its agents can trade anywhere in Ontario.

What is Coldwell Banker Global Luxury?

The Coldwell Banker brand's luxury-property program, with marketing and branding geared to premium listings. Agents at Coldwell Banker Summit Realty have access to it for their high-end business.

Is Coldwell Banker Summit Realty part of Coldwell Banker corporate?

No — it is an independently owned and operated franchise of the Coldwell Banker brand. You get the brand's recognition and programs with a locally owned brokerage.

Do Coldwell Banker agents pay a franchise fee?

It depends on the brokerage. At Summitly: None listed separately — the agent fee schedule is the monthly fee, the transaction fees and the office minimum.

Sources

  1. Coldwell Banker Summit Realty, Brokerage — about the franchise
  2. RECO — Public register of brokerages and agents — checked September 25, 2026

Summitly is the technology platform of Coldwell Banker Summit Realty, Brokerage, a brokerage registered with the Real Estate Council of Ontario (RECO), 310-3100 Steeles Ave W, Vaughan, ON L4K 3R1. Each Coldwell Banker office is independently owned and operated. Agents join as self-employed, commission-based independent contractors, not employees; terms are those of the brokerage's agent agreement, and fees are before HST. Verify any brokerage or agent on the RECO public register.