1. What is Real Estate Commission?

Real estate commission is the fee paid to agents for their services in facilitating property sales. It's typically a percentage of the final sale price and varies by region and agency.

2. How Commission is Calculated

The standard commission formula is:

Where:

• Sale Price — The final selling price of the property
• Commission Rate — The agreed percentage rate (usually 1-3%)

Example: For a $500,000 property at 2.5% commission, the fee would be $12,500.

3. NSW vs Malaysia Commission Rates

NSW, Australia: Typically ranges from 1.5% to 3.5% + GST. Rates are negotiable and often tiered (lower % for higher-value properties).

Malaysia: Standard rates are usually 2-3% of the property price. Some agents may charge a minimum fee for lower-value properties.

4. Using the Calculator

Steps: Enter the property sale price, commission rate (percentage), and select the region (NSW or Malaysia). The calculator will show the commission amount in the local currency.

5. Frequently Asked Questions (FAQ)

Q1: Is commission negotiable in NSW/Malaysia?
A: Yes, commission rates are always negotiable in both regions. Compare multiple agents before signing.

Q2: Are there additional fees besides commission?
A: In NSW, GST (10%) is added to commission. Both regions may have marketing/advertising fees.

Q3: What's the average commission rate in NSW?
A: Typically 2-2.5% for metropolitan areas, slightly higher for regional properties.

Q4: Do buyers pay commission in Malaysia?
A: No, the seller pays the commission in Malaysia. Buyers only pay legal fees and stamp duty.

Q5: How is commission split between agents?
A: Typically 50/50 between listing and selling agents, then each agent splits with their brokerage.