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, agents are paid via commission, not a fixed fee. The Real Estate Authority (REA) requires agents to provide an estimated cost breakdown before you sign an agreement.
Commission structures vary, with common models being a tiered percentage of the sale price or a flat fee. Experts advise choosing an agent based on skill and trust, not just the lowest rate.
Be prepared for additional costs like Vendor Paid Advertising (VPA) for marketing, which are often paid upfront.
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.
Browse our Agent Directory to find local real estate agents in your area
Search now
Search
Other articles you might like
