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. The Real Estate Authority (REA) requires agents to provide a clear estimate. Commission structures vary from common tiered percentages to flat fees and are typically paid from the buyer's deposit.
Experts advise choosing an agent based on skill over the lowest fee to achieve a higher sale price. Be prepared for extra Vendor Paid Advertising (VPA) costs for marketing, which are often non-refundable. Always request an itemised breakdown of all fees.
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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