Agents Commissions
Over50s Sellers Your Decision on Accepting Agent’s Commissions
For many Over5os considering selling their home in today’s real estate market boom, where it may be their first time in many years, need to know the expected Agent’s Commissions, has changed from the old commission structure being 5% of the first $18,000 then 2.5% of the Sale Price balance.
The Qld Real Estate Agents commission was deregulated back in 2014 allowing agents to charge any commission in agreement with the seller.
Today Agents have been negotiating commissions from 1% to 5%, often including general marketing and advertising costs in the higher bracket but now charging an extensive cost for advertising on websites such as Realestate.com and Domain.
Recent press advertising has questioned the charges Real Estate Agents are being asked of from REA in a recent article published on the internet, where abhorrent costs have risen for Agents to advertise listings on Realestate.com
Now if you are deciding to sell your Over 50s Resort Home, please spend time reading the attached article “Before You Make the Wrong Decision”
Click here to read the article