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 agents to provide an estimated cost breakdown in your agency agreement.
Commissions are often a tiered percentage of the sale price, though some agencies offer a flat fee. Experts advise choosing an agent based on skill and trust, not just the lowest rate. Be prepared for extra costs like Vendor Paid Advertising (VPA) for marketing, which is often paid upfront. Always get an itemised breakdown.
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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