Selling guide
Paying agent commissions
A real estate agent earns their keep through commissions rather than a fixed fee.
AI summary
When selling your home, agent commission is a key cost. Agencies use different models, such as a tiered system (e.g., 3% on the first $400k, 2% on the rest) or a flat fee. The Real Estate Authority (REA) requires agents to provide a clear cost estimate.
Be prepared for additional marketing costs, known as Vendor Paid Advertising (VPA), which are often paid upfront. Experts advise choosing an agent based on skill, not just a low fee, to achieve the best sale price.
How much commission do real estate agents take?
Different agencies have different approaches to agent commission.
You get what you pay for
Commission won't be the only cost
Make sure you understand the additional costs on top of commisison.
Browse our Agent Directory to find local real estate agents in your area
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