1. What is Real Estate Commission?

Real estate commission is the fee paid to agents for facilitating property sales. In NSW (Australia) and India, this is typically a percentage of the sale price negotiated between the seller and agent.

2. How Commission is Calculated

The calculator uses the standard commission formula:

Where:

• Sale Price — Final property sale amount in AUD (NSW) or INR (India)
• Commission Rate — Percentage agreed with the real estate agent

3. Typical Commission Rates

NSW, Australia: Typically 2-2.5% of sale price + GST
India: Usually 1-3% of sale price, varying by city and property type

4. Using the Calculator

Steps: Enter property sale price, commission rate percentage, and select region (NSW or India). The calculator will show the agent's commission fee.

5. Frequently Asked Questions (FAQ)

Q1: Is commission negotiable in NSW/India?
A: Yes, commission rates are always negotiable with real estate agents in both regions.

Q2: Does this include GST (for NSW)?
A: No, GST (10%) is additional to the commission amount in Australia.

Q3: Who pays the commission - buyer or seller?
A: Typically the seller pays the commission in both NSW and India.

Q4: Are there fixed-fee alternatives?
A: Some discount agents offer flat fees, especially for lower-priced properties.

Q5: How does commission compare between NSW and India?
A: NSW rates are generally higher (2-2.5%) compared to India (1-3%), but Indian rates vary more by location.