Consumer service to save you money on real estate agent selling commissions

The average saving on real estate commission using our service is a refund of approximately $1,500.00

As a result of the property boom in Australia real estate agent commissions have nearly doubled from where they were during the nineties.

Property prices have risen in substantially, doubling in value in most areas of Australia and in some cases tripling from where they were in value compared to the late eighties early nineties.

As a result of this real estate agent commissions have risen substantially, this is because Australian real estate agent commissions and selling fees are linked to property prices.

In most instances the real estate selling commission or the amount the real estate agents charge to sell your property are calculated as a percentage of the total selling price.

You would expect wages and charges to have risen over this 20 year period but if you look at real estate agent commissions i think you will see the rise in commissions and charges has been far above normal wage increases.

As a simple example : if your property sold for $450,000 and the real estate agents fee might be 2.7% of the sale price then the agents fee would be worked out to be 2.7% of $450,000 that is commission charge of $12,150.

When you consider the average property value across Australia in 2009 is being quoted at around the $450,000 mark you can see why the real estate agents are being paid very well.

Compare this to say 1990 when in Australia the average property sale price was around $160,000 even if the real estate agent charged 3.3% of the sale price as their real estate agent commission you work out the commission charged would have been 5,280.

real estate commissions testimonial Our consumer service is here to help you save money when selling property with a real estate agent. We also offer assistance in helping you to choose which agents to interview in the first place when you are getting your property valued by the real estate agents.

We recommend you interview at least two or preferably three real estate agents when you are having your property valued we help with the decision of which agents to interview based on our research into which agents provide the best customer service.

If you are considering selling real estate please have a look through our web site, you can go the top of the of page and enter your area to learn how we can save you money on real estate agent commissions with our refund service.

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Useful sites for more information: Australian Real Estate Institute | NSW Real Estate Institute | Victorian Real Estate Institute | Queensland Real Estate Institute | South Australian Real Estate Institute | Western Australian Real Estate Institute | Tasmanian Real Estate Institute | Northern Territory Real Estate Institute NSW |