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 commissions are a key cost. The Real Estate Authority (REA) requires a clear estimate in your agency agreement. Commissions are typically a tiered percentage of the sale price, though some agencies offer a flat fee.
Experts advise choosing an agent based on skill, not just a low rate. Be prepared for extra Vendor Paid Advertising (VPA) costs for marketing. Always get an itemised breakdown and ask about conjunctional sales to maximise buyer reach.
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.
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