1. What is QLD Real Estate Commission?

Real estate commission in Queensland is the fee paid to real estate agents for their services in selling a property. It's typically calculated as a percentage of the final sale price and is negotiable between the seller and the 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 (typically 2.45-2.72% in QLD)

Note: GST (10%) is usually added to the commission amount in QLD.

3. Typical Commission Rates in QLD

Details: In Queensland, commission rates typically range from 2.45% to 2.72% of the sale price, but can vary based on:

• Property value (higher-value properties may have lower rates)
• Agent experience and reputation
• Market conditions
• Included services (marketing, staging, etc.)

4. Using the Calculator

Tips: Enter the property sale price in AUD and the agreed commission rate as a percentage (e.g., 2.5 for 2.5%). The calculator will show the commission amount, GST, and total payable.

5. Frequently Asked Questions (FAQ)

Q1: Is commission negotiable in QLD?
A: Yes, commission rates are always negotiable between the seller and the agent.

Q2: When is commission paid?
A: Commission is paid at settlement, deducted from the sale proceeds.

Q3: Are there fixed-fee alternatives?
A: Some agents offer fixed-fee services, but these may include fewer services.

Q4: What's included in the commission?
A: Typically covers marketing, sales negotiations, paperwork, but confirm with your agent.

Q5: How does GST work on commissions?
A: GST (10%) is added to the commission amount, making the total commission 10% higher than the base rate.