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.
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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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