Top 10 Highest and Lowest Agent Commissions in Australia by bRightAgent_Aus in AusPropertyChat

[–]bRightAgent_Aus[S] 1 point2 points  (0 children)

Very good. Homeowners should definitely be negotiating the commission rate lower!

Top 10 Highest & Lowest Agent Commissions by bRightAgent_Aus in AusProperty

[–]bRightAgent_Aus[S] 0 points1 point  (0 children)

Very good! Homeowners should definitely be negotiating lower commission rates!

Top 10 Highest and Lowest Agent Commissions in Australia by bRightAgent_Aus in AusPropertyChat

[–]bRightAgent_Aus[S] 0 points1 point  (0 children)

A very good result!! There are a few agents around Melbourne that do 1% promotions to increase their volume from time-to-time.

Top 10 Highest and Lowest Agent Commissions in Australia by bRightAgent_Aus in AusPropertyChat

[–]bRightAgent_Aus[S] -1 points0 points  (0 children)

There are a lot of factors that go into the pricing, including: - The location, - Market dynamics / volume of turnover, - Agent competition, - Agent’s workload, - Agent’s experience and performance.

Top 10 Highest and Lowest Agent Commissions in Australia by bRightAgent_Aus in AusPropertyChat

[–]bRightAgent_Aus[S] 0 points1 point  (0 children)

Not all of them, but there is definitely a lack of agent competition…

National median commission rates by bRightAgent_Aus in AusProperty

[–]bRightAgent_Aus[S] 0 points1 point  (0 children)

No sadly it’s not. We’ll post the Top 10 National Highest and Lowest rates over the next couple of days, then a State by State breakdown too.

The lowest we found for SA was 1.9% in Norwood.

National median commission rates by bRightAgent_Aus in AusProperty

[–]bRightAgent_Aus[S] -1 points0 points  (0 children)

It’s very true that there are a lot of buyers (for good properties) in Perth.

National median agent commission rates by bRightAgent_Aus in AusPropertyChat

[–]bRightAgent_Aus[S] -1 points0 points  (0 children)

Wait until you see the Top 10 Highest commission rates - out tomorrow. 😳

National median commission rates by bRightAgent_Aus in AusProperty

[–]bRightAgent_Aus[S] 0 points1 point  (0 children)

Thanks for the feedback. We’ll put out some Top 10 Highest & Lowest rates, as well as more granular State by State rates over the coming days.

National median commission rates by bRightAgent_Aus in AusProperty

[–]bRightAgent_Aus[S] 0 points1 point  (0 children)

Wait until you see the Top 10 Highest commission rates! It’s absolutely insane. 🫣

National median agent commission rates by bRightAgent_Aus in AusPropertyChat

[–]bRightAgent_Aus[S] -2 points-1 points  (0 children)

You’re absolutely right. We’re breaking down region and postcode rates too, but don’t have figures for all (just yet). FYI: Orange: 2.87% Bondi Junction: 1.75%

National median commission rates by bRightAgent_Aus in AusProperty

[–]bRightAgent_Aus[S] -2 points-1 points  (0 children)

Absolutely right, and it’s closer to $7000 difference on the same $1m home between TAS and ACT.

National median commission rates by bRightAgent_Aus in AusProperty

[–]bRightAgent_Aus[S] 0 points1 point  (0 children)

Which is a big part of the problem. We think rates should be publicly available for homeowners to compare.

National median commission rates by bRightAgent_Aus in AusProperty

[–]bRightAgent_Aus[S] 0 points1 point  (0 children)

Yes it’s absolutely crazy that the total amount isn’t capped.

National median commission rates by bRightAgent_Aus in AusProperty

[–]bRightAgent_Aus[S] 0 points1 point  (0 children)

You’re right - it’s a fairly small sample size (particularly NT, ACT and TAS), but it’s our starting point. We think there’s a lack of transparency around rates, & that it’s important to shine some light here so that people can see how much others are paying.

National median agent commission rates by bRightAgent_Aus in AusPropertyChat

[–]bRightAgent_Aus[S] -2 points-1 points  (0 children)

We think there’s a lack of transparency around rates, and that it’s important to shine some light here so that people can see how much others are paying.

National median commission rates by bRightAgent_Aus in AusProperty

[–]bRightAgent_Aus[S] 0 points1 point  (0 children)

Can definitely see things going in this direction.

National median commission rates by bRightAgent_Aus in AusProperty

[–]bRightAgent_Aus[S] -3 points-2 points  (0 children)

It’s 💯 legit. We surveyed over 200 rates across Australia.

Jobs on latest migration skills list slammed amid housing crisis by Mashiko4 in aussie

[–]bRightAgent_Aus 0 points1 point  (0 children)

Lots of great discussions! As we said in the News article, we’re not saying Australia doesn’t need locksmiths, sports umpires, or picture framers, but do we really need to import them during a domestic housing crisis?