1. What is Queensland Real Estate Commission?

The real estate commission in Queensland is the fee paid to the agent 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 formula is:

Where:

• Sale Price — The final selling price of the property in AUD
• Commission Rate — The agreed percentage rate (typically between 2.45% and 2.72% in Queensland)

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

3. Typical Commission Rates in QLD

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

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

4. Using the Calculator

Tips:

• Enter the expected or actual sale price of your property in AUD
• Input the commission rate percentage (without the % sign)
• The calculator will show the estimated commission amount
• Remember commission rates are negotiable - shop around!

5. Frequently Asked Questions (FAQ)

Q1: Are there additional fees besides commission?
A: Yes, there may be marketing costs, administrative fees, and GST (10%) on the commission.

Q2: Is commission negotiable in Queensland?
A: Absolutely. Commission rates are always negotiable between the seller and agent.

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

Q4: What's the average commission in Brisbane?
A: Brisbane averages 2.5-2.6%, but can be lower for premium properties.

Q5: Are there fixed-fee alternatives?
A: Some agents offer flat-fee services, but these may include fewer services.