Costs of selling a property. Part 1: Clearing up commission rates
Rural Property NSW discloses its commission rate structure for marketing and negotiating a property to a successful sale.
Rural Property NSW is doing away with complicated industry jargon and giving you a straight forward explanation of the costs involved with marketing and selling a property. In the first of a three part series, we’re looking at commission rates.
All agents, including Rural Property NSW, charge a fee to market a property and negotiate a successful sale. This figure is negotiable and usually based on a percentage of the selling price.
During the last 12 months, commission rates charged by Rural Property NSW have ranged to a maximum of 3%, exclusive of GST. Rates vary due to factors like property type, size, values and sale-ability.
For every property marketed and sold by Rural Property NSW in the last 12 months, we have achieved a sale price well above the vendor’s expectation and more than justified the cost of our services.
It’s very difficult to be more precise about commission costs in general terms. Please get in touch for some figures specific to your situation. We won’t side step your questions or dance around the issue.
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