1. What is QLD Agent's Commission?

The agent's commission is the fee paid to real estate agents in Queensland, Australia, for their services in selling a property. It's typically calculated as a percentage of the final sale price.

2. How Commission is Calculated

The standard commission formula is:

Where:

• Sale Price — Final selling price of the property in AUD
• Commission Rate — Percentage agreed with the agent (typically 2-3%)

Example: For a $500,000 property at 2.5% commission, the fee would be $500,000 × 0.025 = $12,500.

3. Typical Commission Rates in QLD

Details: In Queensland, commission rates typically range from 2% to 3% of the sale price, with 2.57% being a common average. Rates may vary based on:

• Property value (higher value properties may have lower rates)
• Location within QLD
• Agent experience and services provided
• Market conditions

4. Using the Calculator

Tips: Enter the property sale price in AUD and the agreed commission rate (percentage). The default rate is set to 2.57% (QLD average).

5. Frequently Asked Questions (FAQ)

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

Q2: Are there additional fees besides commission?
A: There may be marketing fees, administrative costs, or auctioneer fees - clarify all costs with your agent.

Q3: When is commission paid?
A: Typically deducted from the sale proceeds at settlement.

Q4: Is GST included in commission?
A: No, GST of 10% is added to the commission amount (total fee = commission × 1.10).

Q5: Can I get a lower commission rate?
A: Discount agents may offer rates as low as 1%, but consider the level of service provided.