1. What is Real Estate Commission?

Real estate commission is the fee paid to agents for their services in selling a property. In Queensland, commission rates are typically percentage-based and negotiated between the seller and agent.

2. How Commission is Calculated

The standard commission formula is:

Where:

• Sale Price — The final selling price of the property in AUD
• Commission Rate — The agreed percentage rate between seller and agent

3. Queensland Commission Rates

Details: In Queensland, typical commission rates range from 2% to 5% of the sale price, depending on property value, location, and agent services. Rates are negotiable and not fixed by law.

4. Using the Calculator

Tips: Enter the property sale price in AUD and the agreed commission rate as a percentage. The calculator will show the total commission payable to the agent.

5. Frequently Asked Questions (FAQ)

Q1: Is GST included in commission?
A: No, GST of 10% is typically added to the commission amount in addition to the calculated figure.

Q2: Are there fixed commission rates in QLD?
A: No, Queensland has no fixed rates - all commissions are negotiable between seller and agent.

Q3: What's the average commission rate?
A: Average rates are typically 2.5-3.5% for metropolitan areas, possibly higher for regional properties.

Q4: Are there additional marketing costs?
A: Marketing costs are usually separate from commission and should be agreed in writing beforehand.

Q5: Can I negotiate commission rates?
A: Yes, commission rates are always negotiable in Queensland - shop around and compare agents.