1. What is NSW Real Estate Commission?

The commission is the fee paid to real estate agents in New South Wales for selling a property. It's typically a percentage of the final sale price and is negotiable between the seller and the agent.

2. How Commission is Calculated

The standard commission calculation is:

Where:

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

3. Typical Commission Rates in NSW

Details: Commission rates in NSW typically range from 1.5% to 4% of the sale price, depending on:

• Property value (higher-value properties often have lower percentage rates)
• Location
• Agent experience
• Market conditions

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 amount payable.

5. Frequently Asked Questions (FAQ)

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

Q2: Are there additional fees besides commission?
A: There may be additional marketing and administrative fees. Always ask for a complete breakdown of costs.

Q3: How does commission compare to fixed fee agents?
A: Traditional agents charge percentage-based commission while some discount agents offer fixed fees. Compare total costs before deciding.

Q4: When is commission paid?
A: Commission is deducted from the sale proceeds at settlement.

Q5: Can I negotiate different rates for different sale prices?
A: Yes, some agents offer tiered commission structures with different rates for different price brackets.