Hi,
My parents are thinking of selling their house in the south eastern burbs of melb. They have had agents come in quoting them 2-3% commission fees. Is that about right?
Browse Forums Real Estate 1 Jan 10, 2012 6:59 am Hi, My parents are thinking of selling their house in the south eastern burbs of melb. They have had agents come in quoting them 2-3% commission fees. Is that about right? Re: Agent Fees 2Jan 12, 2012 10:15 am We paid 2% when we sold our house last year ... For info on our build: viewtopic.php?f=31&t=43093 Built the McLaren by Dechellis - slab down 22 Feb - handover 30 Aug 2011 - and gardens finished 9 Dec 2012!! Re: Agent Fees 4Jan 12, 2012 1:16 pm Wow, 2% is excellent. Does that include all the advertising and photographer costs as well? In QLD it seems to be standard that agents charge 5% on the first $18,000 and 2.5% on the remainder of the sale price, plus GST on top of it. PLUS initial advertising and photographer fees. So if our property sold for $350,000, we'd lose $10,120. Bit of a dent there. How the hell did I become a senior member!? I know nothing! Re: Agent Fees 5Jan 12, 2012 1:54 pm We paid 2% when we sold our place + $1500 for advertising/internet whatever else blah blah. Personally I think 2% is plenty because it's generally the house that sells itself not the agent. A bank is a place that will lend you money only if you can prove that you don't need it... Re: Agent Fees 6Jan 12, 2012 3:10 pm It sounds about right to me. I know of a local agent who has been selling for 1% plus advertising but most are around the 2-3%. Just check if they are including GST in what they are quoting and if they allow flexibility with marketing costs. Keep in mind everything is negotiable, including commissions. Choose your agent carefully because even though to a certain extent, I agree, houses sell themselves - a good agent can often get those extra 1000's out of buyers!! Re: Agent Fees 7Jan 12, 2012 3:13 pm sold ours in melbourne 1.5% on a 640,000 sale, advertising was extensive, and ended up paying around 4,000 for advertising in total inc dusk photo's, bigger board, solar light, premium internet, premium brochures, floorplans, and big agent hoarding board on their shopfront Before you rip it up, if you can in the grout lines, drill some holes and pour/inject techgrip by sika. I have used it to bond mdf to timber, but in the process it dripped… 1 4289 Not much in this responce. My suggestion is, what are you looking to build and why. This will all be impacted by the local councils planning scheme. Familiarise yourself… 6 5858 Is it just a report written to give to the bank initially and it is based on what and how your payments are made up for, or is it a full service where they go out and… 2 5598 |