{"id":5007,"date":"2020-05-04T02:27:39","date_gmt":"2020-05-04T02:27:39","guid":{"rendered":"https:\/\/top3realestateagents.com.au\/?page_id=5007"},"modified":"2020-05-25T14:49:45","modified_gmt":"2020-05-25T04:49:45","slug":"real-estate-agent-fees-commissions","status":"publish","type":"page","link":"https:\/\/top3realestateagents.com.au\/real-estate-agent-fees-commissions\/","title":{"rendered":"Australian Real Estate Agent Fees + Commissions Guide"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"5007\" class=\"elementor elementor-5007\" data-elementor-post-type=\"page\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-fef224d elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"fef224d\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-d17643e\" data-id=\"d17643e\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-37dedcd elementor-widget elementor-widget-heading\" data-id=\"37dedcd\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h1 class=\"elementor-heading-title elementor-size-default\">Australian Agent Fees + Commissions Guide<\/h1>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-29bb380 elementor-widget elementor-widget-text-editor\" data-id=\"29bb380\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>You hear a lot about real estate agent fees and commissions, but you rarely know what an agent may charge before talking to them directly. <b>We work with a lot of agents and sellers<\/b>, so we can share a lot of useful tips about what kind of fees to expect and how you can calculate them yourself.<\/p><p>Be prepared before talking to agents with our simple guide on fees and commissions within Australia.\u00a0<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a30d30b elementor-widget elementor-widget-heading\" data-id=\"a30d30b\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">What is A Fixed Commission?<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7b17be8 elementor-widget elementor-widget-text-editor\" data-id=\"7b17be8\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>A fixed fee commission is usually a percentage of the final sale value of the property. You usually determine a fixed commission percentage before enlisting the agent, and it <b>varies based on property type, value and location<\/b>.\u00a0<\/p><p>These are usually the most common types of commission, but still range between 1.5% to over 6+% depending on what kind of property you have.\u00a0<span style=\"font-size: 16px;\">For most sellers in metropolitan areas, expect around 2-3%. This means when you sell your house for $100,000 total at a 2% fixed commission rate, you would pay the agent $2,000 for their work.\u00a0<\/span><\/p><p><span style=\"font-size: 16px;\">Calculate a simple fixed commission fee with our easy real estate agent fee calculator below.<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-aa32d82 elementor-widget elementor-widget-text-editor\" data-id=\"aa32d82\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"color: #999999; font-family: 'Open Sans', Arial, sans-serif; font-size: 14px; font-style: normal; font-weight: 400;\">\u00a0<form id=\"agentcommission\" action=\"#\" method=\"post\" class=\"cost-calculator-container cost-calculator-form\"><div class=\"vc_row wpb_row vc_row-fluid cost-calculator-row\"><div class=\"wpb_column vc_column_container cost-calculator-column vc_col-sm-6\"><div class=\"vc_column-inner\"><div class=\"wpb_wrapper\"><div class=\"cost-calculator-box cost-calculator-clearfix\"><label for=\"propertyvalue\">Property Sale Price ($)<\/label><input type=\"hidden\" name=\"propertyvalue-label\" value=\"Property Sale Price ($)\"><input id=\"propertyvalue\" class=\"cost-calculator-cost-slider-input type-number cost-calculator-big\" name=\"propertyvalue\" type=\"number\" value=\"500000\" data-value=\"500000\" placeholder=\"Please enter sale price e.g. 300000\">\r\n\t\t<\/div><\/div><\/div><\/div><div class=\"wpb_column vc_column_container cost-calculator-column vc_col-sm-6\"><div class=\"vc_column-inner\"><div class=\"wpb_wrapper\"><div class=\"cost-calculator-box cost-calculator-clearfix\"><label>Agent Commission %<\/label>\r\n\t\t<input type=\"hidden\" name=\"agentpercent-label\" value=\"Agent Commission %\"><div class=\"cost-slider-container\">\r\n\t\t\t<input id=\"agentpercent\" class=\"cost-calculator-cost-slider-input\" name=\"agentpercent\" type=\"number\" value=\"2.5\" step=\"0.1\"><input id=\"agentpercent-value\" type=\"hidden\" value=\"2.5\" data-default=\"2.5\"><div class=\"cost-calculator-cost-slider\" data-value=\"2.5\" data-step=\"0.1\" data-min=\"0\" data-max=\"10\" data-input=\"agentpercent\" data-value-input=\"agentpercent-value\" data-price=\"1\"><\/div>\r\n\t\t<\/div>\r\n\t<\/div><\/div><\/div><\/div><\/div><div class=\"vc_row wpb_row vc_row-fluid cost-calculator-row page-margin-top\"><div class=\"wpb_column vc_column_container cost-calculator-column vc_col-sm-12\"><div class=\"vc_column-inner\"><div class=\"wpb_wrapper\"><div class=\"cost-calculator-box cost-calculator-summary-box clearfix cost-calculator-align-right\">\r\n\t\t<span class=\"cost-calculator-summary-price cost-calculator-small-currency\" id=\"totalagentcommission\"><span class=\"cost-calculator-currency\">$<\/span>0.00<\/span><p class=\"cost-calculator-price-description\">Total Agent Commission<\/p><input type=\"hidden\" id=\"totalagentcommission-total\" name=\"totalagentcommission\" value=\"$0.00\">\r\n\t<input type=\"hidden\" id=\"totalagentcommission-total-value\" name=\"totalagentcommission-value\" value=\"0\">\r\n\t<input type=\"hidden\" name=\"totalagentcommission-summarylabel\" value=\"Total Agent Commission\">\r\n\t<\/div><script type=\"text\/javascript\">\r\n\tjQuery(document).ready(function($){\r\n\t\t$(\"#totalagentcommission\").costCalculator({\r\n\t\t\tformula: \"propertyvalue*(agentpercent\/100)\",\r\n\t\t\tcurrency: \"$\",\r\n\t\t\tcurrencyPosition: \"before\",\r\n\t\t\tthousandthSeparator: \",\",\r\n\t\t\tdecimalSeparator: \".\",\r\n\t\t\tupdateHidden: $(\"#totalagentcommission-total\")\r\n\t\t});\r\n\t});\r\n\t<\/script><\/div><\/div><\/div><\/div><\/form><\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f88dd62 elementor-widget elementor-widget-text-editor\" data-id=\"f88dd62\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"font-size: 16px; font-style: normal; font-weight: 400;\">When the agent is enlisted, this percentage cannot be altered unless all parties agree to any changes.\u00a0<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-0c9bc2c elementor-widget elementor-widget-heading\" data-id=\"0c9bc2c\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">What is A Tiered Commission?<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6b34b85 elementor-widget elementor-widget-text-editor\" data-id=\"6b34b85\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Tiered commission structures are similar to fixed commission structures, but the percentage paid to the agent changes as the final value changes. This is to help incentivise the agent to <b>go above and beyond<\/b>, as the agent stands to make much more money when the sale price is higher.\u00a0<\/p><p>For example, you may agree to pay an agent 2% commission for the first $100,000 of the property&#8217;s value. For everything over that, you will pay the agent 5% instead. When your property sells for $150,000 (congratulations!) you pay the agent $2,000 for the first $100,000 in value, and then another $2,500 for exceeding your expectations.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8608577 elementor-widget elementor-widget-heading\" data-id=\"8608577\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">What is A Flat Fee?<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9c6e5be elementor-widget elementor-widget-text-editor\" data-id=\"9c6e5be\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Sometimes also referred to as a fixed fee, which can be confusing to first-time sellers. Certain agencies, especially newer online-only agencies, offer flat fee commissions. The agent charges a flat dollar amount, such as $4,000, to sell your property, <b>regardless of its type, value or location<\/b>. Usually this includes some form of basic marketing as well.<\/p><p>The incentive for the agent to go above and beyond for you has been removed here, as they receive the same amount regardless of your property&#8217;s sale price. It&#8217;s important to carefully vet your agent selection when going with a flat fee agent &#8211; make sure that they have the local area knowledge, experience and reviews to back up their commitment to sellers.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d218bcc elementor-widget elementor-widget-heading\" data-id=\"d218bcc\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Are real estate agent fees negotiable?<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1af6d62 elementor-widget elementor-widget-text-editor\" data-id=\"1af6d62\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Yes, agents will negotiate on commission, though it may be difficult or impossible with flat fee agencies.<\/p><p>Make sure that you are getting the value you should be out of your agent. This means <b>comparing their commission to a couple others in the same area<\/b>, keeping in mind inclusions\/exclusions (marketing, styling, etc.), and negotiate if you feel you might be getting overcharged.<\/p><p>Need a few comparative agents in your area to get started? <b>Request quotes from top agents in the area with Top 3 Real Estate Agents.\u00a0<\/b><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-db1e0a4 elementor-align-center elementor-widget elementor-widget-button\" data-id=\"db1e0a4\" data-element_type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjE0MjQiLCJ0b2dnbGUiOmZhbHNlfQ%3D%3D\" rel=\"nofollow\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Request Quotes<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Australian Agent Fees + Commissions Guide You hear a lot about real estate agent fees and commissions, but you rarely know what an agent may charge before talking to them directly. We work with a lot of agents and sellers, so we can share a lot of useful tips about what kind of fees to [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":5030,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"site-sidebar-layout":"default","site-content-layout":"default","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"disabled","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"footnotes":""},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>[Guide] Real Estate Agent Fees + Commissions - Top 3 Real Estate Agents<\/title>\n<meta name=\"description\" content=\"Confused about real estate agent fees and commissions? Read up on fixed\/tiered\/flat fees, negotiating and calculate your agent fee commission here.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/top3realestateagents.com.au\/real-estate-agent-fees-commissions\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"[Guide] Real Estate Agent Fees + Commissions - Top 3 Real Estate Agents\" \/>\n<meta property=\"og:description\" content=\"Confused about real estate agent fees and commissions? 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