Your ability to negotiate fees and commissions will depend on your location (whether you’re closer to the CBD or further out). We understand that you may have questions about how commission works, and you shouldn’t be afraid to ask them. For example, you may ask questions like how effective is the commission-based model as an incentive for agents? Or will a commission-based structure ensure the best possible price for my property?
To negotiate fees and commissions with your potential real estate agent, it’s vital that you have the correct, up-to-date information and data to inform your bottom line and fully understand the process of how commissions and fees are calculated.
Fortunately, we’ve supplied you with the updated information right here. Our expert team have analysed the relevant data and calculated the averages to help you determine what you’re willing to pay in commission and fees. While this information is helpful, we encourage you to consider it as a guide only.
It's also important to remember that commission and fees depend on several other circumstances, like a property's size and current market conditions. To get exact commission rates for agents in your area, visit our comparison platform.
Knowing the agent's fees, commissions and performance in your suburb before you meet them puts you in a great position to negotiate. LocalAgentFinder's leading online comparison platform, selling guide and agent questionnaire gives you access to this information and much more.