Calculate Real Estate Agent Fees & Commission [QLD]
Below you will find our agent commission calculator for Queensland. Enter a property sale price and you will receive an estimate of real estate agent commission.
If you want to sell property, it’s important to look into what a real estate agent can do for you. Top agents help you sell for higher prices, create competition among buyers and keep the selling process as easy as possible. Which Real Estate Agent can help you find top agents in your area – just have a look at our agent comparison tool to get started.
Note that 2.45% is the average commission for a property in QLD. The commission is calculated by multiplying the property value and commission together, then dividing by 100, i.e. Property Value * Agent Commission / 100 = Estimated Commission, excluding GST.
This calculation does not include GST. When receiving quotes from agents, ensure that you know whether their fees also include or exclude GST. Commission will vary and can be negotiated according to the range of services your agent can provide, plus the location, style, condition, size and other attributes of your property.
Keep in mind that real estate agent commission varies across the state, especially between metro and rural areas. This calculator should only be used to give a rough guide on how you may be charged for the sale of your property.
Real estate agent commission in Queensland was previously regulated. In May 2014, a new piece of legislation passed that deregulated agent commission in the state.
Before 2014, real estate agents in QLD charged up to 5% on the first $18000 of the property value, and then up to 2.5% on any remainder. The fee was rarely negotiated for Queenslander agents. For more information, read our guide on real estate agent fee structures between states.
Keep in mind that agents also may or may not include other selling costs in their commission, such as marketing/advertising fees. Make sure to look carefully at agent commission quotes and their marketing plans/proposals before committing – the lowest selling cost doesn’t necessarily result in the highest sale price or best outcome for you.
Are you also looking to sell your property? You will want to start talking to agents to compare fees and get an idea of what your property is worth. Request a chat and appraisal from a top local agent near you below.
This calculator should only be used as a general guide, as laws governing regulation can change and property markets can fluctuate, altering how commissions or fees may be charged.
