Real Estate Commission Qld Calculator. Therefore, of the $875,000, your agent will be receiving $21,875. Find out more at comparethemarket.com.au.
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This included agents with tiered and fixed commission structures based on a $500,000 selling price. The real estate commission fee calculator is a tool that approximately calculates the real estate fees a property owner might pay a real estate agent in a particular location for the sale of a property. When choosing an agent you will need to ask how commission is now charged.
The Updated Fee List Is Available Here.
Please enquire with each agency regarding exact. If a property sells for $500,000 and the agent’s fee was 2%, $10,000 commission would be payable. This information has been provided to smart real estate by other sources believed to be correct at the time and may vary between individual agents and branches.
If Your Home Sells For $875,000 And Your Agent Was Charging You The Typical 2.5%, It Would Be Calculated As Such:
However, they are on average 2.7%. The maximum allowable under previous qld legislation was 5% of the first $18,000, then 2.5% of the remainder. 500,000 x 2.29% = $11,450.
Therefore, Of The $875,000, Your Agent Will Be Receiving $21,875.
Want to negotiate a fair return for your real estate agent? In our example his income is equal to i = $10,000. This is because the agent has completed their role under your contract with them.
Agents May Recall That Maximum Commission Rates For Residential Real Estate Were Deregulated In Queensland In 2014.
Request a call back ; Enter the required sales data (sale price, commission rate, sales tax. Amplify's real estate commission calculator can help.
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It is a guide only but gives an estimated cost should a property be sold via a real estate agent. This calculator is made available by the state of queensland as an information source only. Real estate agent fees & commissions by state.
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