1. What is Real Estate Commission?

Real estate commission is the fee paid to an agent for their services in selling a property. In Queensland, this is typically a percentage of the final sale price, negotiated between the seller and agent before listing.

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 2.45% in QLD)

Note: Some agents use tiered commission structures where the rate changes at certain price points.

3. Typical Commission Rates in QLD

Details: In Queensland, commission rates average 2.45% but can range from 1.5% to 3.5% depending on:

• Property value (higher-value properties often have lower percentages)
• Agent experience and services included
• Market conditions
• Location within Queensland

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 estimated commission payable.

5. Frequently Asked Questions (FAQ)

Q1: Is commission negotiable in Queensland?
A: Yes, commission rates are always negotiable. It's recommended to get quotes from multiple agents.

Q2: Are there additional fees beyond commission?
A: Some agents charge additional marketing fees. Always check the contract for other potential charges.

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

Q4: Is GST included in commission rates?
A: No, GST of 10% is added to the commission amount. Our calculator shows pre-GST amounts.

Q5: What's the difference between exclusive and open listings?
A: Exclusive listings mean one agent has sole rights to sell, while open listings allow multiple agents to compete.