1. What is Real Estate Commission?

Real estate commission is the fee paid to agents for facilitating property sales. In both Queensland and California, 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:

Example: For a $500,000 property at 2.5% commission:

• $500,000 × 2.5 / 100 = $12,500 commission

3. QLD vs California Commission Rates

Queensland: Typical rates range from 2% to 3% + GST (varies by agency and property value)

California: Average rates are 5%-6% (usually split between listing and buyer's agents)

4. Using the Calculator

Steps: Enter the property sale price, commission rate percentage, and select location (QLD or California). The calculator will show the agent's commission in the appropriate currency.

5. Frequently Asked Questions (FAQ)

Q1: Are commissions negotiable?
A: Yes, commission rates are always negotiable in both QLD and California.

Q2: Who pays the commission?
A: The seller typically pays the commission from the sale proceeds.

Q3: Is GST included in QLD commissions?
A: GST (10%) is usually added to the base commission amount in Australia.

Q4: What's the average commission in Brisbane?
A: Brisbane commissions average 2.5%-3.3% for residential properties.

Q5: Are there fixed-fee alternatives?
A: Some agencies offer flat-fee services, particularly for lower-priced properties.