How does the 3% total commission model work?

Richard charges a total commission of 3% on the sale price of your home — covering both the listing agent (Richard) and the buyer's agent. Most agents in Greater Moncton charge 4–5% total. On a $400,000 home, that difference saves you $8,000–$12,000 at closing — with no reduction in service, marketing, or representation.

Is the service any different at 3% compared to a traditional agent?

No. Richard's 3% model includes everything a traditional full-service agent provides: professional photography, MLS® listing, staging consultation, offer negotiation, open house coordination, and full support through to closing day. What changes is the fee — not the quality of service. Richard has a 5.00-star rating on RankMyAgent across 24 verified reviews to back that up.

Are there any hidden fees beyond the 3% commission?

No hidden fees. The 3% total commission is the complete cost of Richard's representation. Separate closing costs you'll budget for include New Brunswick's land transfer tax (1% of purchase price), legal fees ($1,500–$2,000), and a home inspection ($500–$700) — but these are standard costs on any transaction, not additional charges from Richard.

How much can I save compared to a traditional 5% commission?

The savings scale with your home's value. At $400,000, you save $8,000. At $500,000, you save $10,000. At $600,000, you save $12,000. In 2025 alone, 3 Percent Realty Atlantic Inc. saved New Brunswick home sellers more than $1 million in commissions combined, compared to traditional brokerage rates.

What's included in Richard's listing service?

Richard's full-service listing covers: a free home valuation based on real MLS® data, professional photography, MLS® listing with maximum exposure, targeted social media marketing, staging consultation, open house coordination, offer review and negotiation, and complete guidance from listing day through to closing. Everything is included in the 3% total commission — no add-ons required.

How do I find out what my Moncton home is worth?

Richard offers a free, no-obligation home valuation based on current local MLS® data — not an automated algorithm. To get started, contact Richard at 506-802-8805 or Richard@Wontorra.com. He serves homeowners throughout Moncton, Riverview, Dieppe, and Shediac.

When is the best time to sell a home in Moncton?

The spring market (March–June) is typically the strongest in Greater Moncton, with the most active buyers and the highest likelihood of multiple offers on well-priced homes. The fall market (September–November) is also solid, with serious buyers who weren't ready in spring. Summer and winter tend to be slower, but a well-priced, well-presented home can sell in any season.

What are the steps to buying a home in Moncton?

The core steps are: (1) Get pre-approved with a mortgage broker to confirm your budget. (2) Define your priorities — neighbourhood, school zone, commute, lot size. (3) View homes and make an offer — Richard prepares a competitive offer strategy based on current market conditions. (4) Complete a home inspection ($500–$700). (5) Close — budget for NB land transfer tax (1%), legal fees ($1,500–$2,000), and title insurance. Richard walks you through every step.

What are typical closing costs when buying in Moncton?

Budget 2–4% of the purchase price beyond your down payment. On a $400,000 home, expect: New Brunswick land transfer tax (~$4,000), legal fees ($1,500–$2,000), home inspection ($500–$700), title insurance ($200–$400). If your down payment is under 20%, add CMHC mortgage insurance premiums. Richard provides a personalized closing cost estimate before you make any offer.

Does a buyer pay Richard's commission?

No. As a buyer, you pay nothing directly to Richard. The buyer's agent commission is paid by the seller out of the total commission on the sale. Working with Richard as your buyer's agent costs you nothing — but gives you 16+ years of local market expertise and full representation through the entire purchase process.

Is it a good time to buy a home in Moncton in 2026?

For most buyers, yes. Moncton continues to benefit from strong population growth, inter-provincial migration, and prices that remain far below most Canadian metros — averaging around $386,000 compared to $1.1M+ in Toronto. With the Bank of Canada's overnight rate forecast around 2.25% through 2026, mortgage rates are more accessible than in 2023–2024. If you plan to stay for 3+ years, buying in Moncton now is generally a sound financial decision.

What is the average home price in Moncton in 2026?

The average sale price for a home in Moncton was approximately $386,000 in 2025, up about 2.4% year-over-year. RE/MAX projects a further 2.7% increase through 2026. Dieppe averages slightly higher at $465,000–$490,000, Riverview at $420,000–$450,000, and Shediac at a median of $479,000 — reflecting coastal demand and waterfront properties in the mix.

How does Moncton compare to other Canadian real estate markets?

Moncton is one of the most affordable mid-sized cities in Canada. A home that costs over $1.1 million in Toronto or $900,000 in Halifax lists for around $386,000 in Moncton. Combined with strong population growth — Greater Moncton added approximately 27,000 residents between 2021 and 2024 — Moncton offers a rare combination of affordability and genuine demand-side momentum.

How competitive is the Moncton housing market right now?

The spring market (March–June) is the most competitive period, with well-priced homes in desirable neighbourhoods sometimes receiving multiple offers within days of listing. The fall and winter markets tend to offer more negotiating room for buyers. Typical days on market in spring sits between 14–30 days for well-priced properties. Richard monitors active market conditions weekly and provides clients with realistic expectations based on current data — not generalizations.

Who is Richard Wontorra and what is his experience?

Richard Wontorra is a licensed REALTOR® with 16+ years of experience and more than 200 homes sold across Ontario and New Brunswick. He is affiliated with 3 Percent Realty Atlantic Inc., located at 1888 Mountain Road, Suite 2, Moncton, NB. In 2025, he was awarded the President's Platinum Club Award — one of the highest distinctions within the 3 Percent Realty national network — for exceptional sales volume and client service.

What areas does Richard serve?

Richard serves buyers and sellers throughout Greater Moncton — including the City of Moncton, Riverview, Dieppe, and Shediac. He is based at 1888 Mountain Road, Suite 2, Moncton, NB E1G 1A9 and can be reached at 506-802-8805 or Richard@Wontorra.com.

Where can I read reviews of Richard Wontorra?

Richard holds a 5.00-star rating across 24 verified reviews on RankMyAgent — one of Canada's leading real estate review platforms. You can read all verified client reviews at rankmyagent.com/richard-wontorra.

Greater Moncton Market Update · June 2026

Moncton, Riverview, Dieppe & Shediac: Four Communities, Four Very Different Markets

If you only looked at the Greater Moncton headline numbers for June, you might think not much happened. Overall, 323 homes sold across the region, prices were close to flat, and inventory sat at 4.5 months — right in balanced territory.

But zoom in on the individual communities and the picture splits apart. Moncton is cooling. Riverview is tight. Dieppe just had a breakout month. And the Shediac area has swung all the way into buyer’s-market territory. Here is how they compare on prices and inventory — and what it means if you are buying or selling in each one.

Average Sale Price — June 2026

All residential property types. Change shown is versus June 2025.

Dieppe is now the clear price leader — the average home there sold for roughly $92,000 more than in Moncton. That gap has been growing, and June widened it further: Dieppe’s average rose 4.8% year-over-year while Moncton’s fell 3.2%. The Shediac area slots in second on price, though its numbers come with a caveat we’ll get to below.

Median Sale Price — June 2026

The median is the middle sale — half of homes sold for more, half for less. It is less affected by a few very expensive sales than the average.

The median tells an interesting side story. Moncton and Riverview are nearly tied at the middle of the market — only about $2,500 apart — but they are moving in opposite directions. Riverview’s median jumped 6.1% in a year, while Moncton’s slipped 3.8%. Shediac’s median shows the biggest jump of all (+8.3%), but on just 23 sales — more on that below.

Months of Inventory — June 2026

How long it would take to sell every home currently listed at June’s pace of sales. Under 4 months tends to favour sellers; 4–6 is balanced; over 6 favours buyers.

This chart explains the price charts. Where inventory is tight (Riverview, Dieppe), prices are rising. Where buyers have more to choose from (Moncton, Shediac), sellers face more competition. The spread from 2.3 months in Riverview to 7.0 in Shediac means the region now contains a seller’s market, a balanced market, and a buyer’s market at the same time.

What’s Happening in Each Market

Moncton: Buyers are gaining ground

Moncton had a soft June. Sales fell 13.7% from last June to 88 homes, and only about half of new listings found a buyer (a sales-to-new-listings ratio of 48.6). With 459 active listings and 5.2 months of inventory — up from 4.1 a year ago — buyers in the city have the most choice they’ve had in years. Homes also took longer to sell: 38 days at the median, five more than last June. If you’re selling in Moncton right now, sharp pricing and strong marketing aren’t optional. If you’re buying, this is some of the best negotiating room in the region.

Riverview: Still a seller’s market

Riverview is the tightest market in Greater Moncton. At 2.3 months of inventory, it sits well inside seller’s-market territory, and June saw slightly more sales (40) than new listings (39) — demand is literally absorbing supply as fast as it arrives. That pressure showed up in prices: the median rose 6.1% year-over-year to $377,450. Well-priced Riverview homes are still drawing competition. Buyers here need to be ready to move quickly when the right home lists.

Dieppe: The breakout story of June

Dieppe posted the strongest month in the region by a wide margin. Sales jumped 45.2% from last June to 61 homes — while inventory actually tightened, dropping from 3.9 months a year ago to 3.1. The average price crossed into the $490,000s, keeping Dieppe firmly at the top of the price ladder. New listings rose too (85, up 26.9%), so buyers are getting more options, but demand is soaking them up. Dieppe sellers are in a strong position; Dieppe buyers should budget for the region’s premium and expect faster-moving listings (median of 29 days on market, the quickest in the region).

Shediac area: The coast has cooled — and buyers finally have leverage

The Shediac area (including the surrounding coastal communities) is the outlier this month. Only 23 homes sold in June — down 32.4% from last year — and the typical sale took 45 days, more than double last June’s 20.5. With 161 active listings, inventory reached 7.0 months, which makes Shediac the only true buyer’s market in the region right now. One important caution on those price gains you saw in the charts (+7.7% average, +8.3% median): with only 23 sales, a few waterfront or high-end transactions can swing the numbers, so treat them as a rough guide rather than proof that coastal prices are surging. The practical read: Shediac buyers have time, choice, and real negotiating power this summer — and Shediac sellers need patience and realistic pricing, because the days of quick coastal sales have paused.

The bottom line: your street matters more than the headline.

“Greater Moncton is balanced” is true — and almost useless for planning your own move. Right now the region contains a seller’s market (Riverview), a buyer’s market (Shediac), and everything in between. Pricing strategy, timing, and marketing need to match your community’s conditions, not the regional average.

Wondering what these numbers mean for your home specifically? Get a free home evaluation or call me at 506-802-8805.

Richard Wontorra · REALTOR® · 3% Realty Atlantic Inc., Independently Owned & Operated

Source: Canadian MLS® Systems via the New Brunswick REALTORS® Association / CREA, Moncton and Area Residential Market Activity and MLS® HPI Report, June 2026. Figures cover all residential property types in each community. Year-over-year changes compare June 2026 with June 2025.