1. What is QLD Real Estate Commission?

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

2. How Commission is Calculated

The standard commission formula is:

Where:

• \( Sale\ Price \) — Final property sale price in AUD
• \( Commission\ Rate \) — Agreed percentage rate (typically 2-3%)

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

3. Typical Commission Rates in QLD

Details: In Queensland, commission rates average 2-3% but can vary based on:

• Property value (higher-value properties often have lower % rates)
• Location and market conditions
• Agent experience and services included
• Negotiation between seller and agent

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 agent's fee before GST (which is typically added separately).

5. Frequently Asked Questions (FAQ)

Q1: Is commission negotiable in QLD?
A: Yes, commission rates are always negotiable. It's recommended to compare multiple agents.

Q2: Does this include GST?
A: No, GST of 10% is typically added to the commission amount.

Q3: Are there fixed-fee alternatives?
A: Some agents offer flat-fee services, but traditional percentage-based commission remains most common.

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

Q5: What's included in the commission?
A: Typically covers marketing, inspections, negotiations, and paperwork. Always confirm with your agent.