Disclaimer
The information provided in this publication is drawn from research in from various states and
consulting practitioners. The information provided is not intended to reflect or represent any future
state of affairs in respect of fees or the market in Australia; and is not intended to reflect or
represent information as to all fees in Australia. The information provided is indicative only.
LAF does not warrant or guarantee any of the information. To the extent permitted by law, LAF excludes
any and all liability, including for negligence, for any loss or damage (including indirect or
consequential damages) arising from or in relation to the use of the whole or any part of this
publication.
Material in this publication should not be construed as advice or a recommendation by LAF to enter into
any particular agreement or arrangement. This publication is made upon the condition that persons will
make their own searches and determination of all relevant information before entry into any agreement.
Commission
If your real estate agent uses a commission-based model, they will charge you a percentage of your final
sale price. This rate can be negotiated. This calculator lets you adjust the commission rate or
commission amount if you’re planning on selling through an agent who charges commission.
Fixed fee
Some real estate agents charge a fixed fee, rather than commission. This is a set amount that a real
estate agent charges for their services. This means that no matter how much you sell your property for,
your real estate agent charges the same, fixed amount.
The commission amount includes the Goods and Services Tax (GST) which is generally inclusive of your
real estate agent fee.
Marketing costs
Marketing (advertising) costs can vary significantly and can be negotiated. Depending on which marketing
channels you choose, your marketing costs will vary. Typical marketing costs include online listings on
real estate websites, newspaper listings, professional photography, a sign board and flyers.
Conveyancing Fees
Conveyancing fees are not set and therefore will vary. What conveyancing fees include will vary too.
Conveyancing fees will always include the labour fee for the conveyancer. These often increase with the
price of the property. They may increase if the settlement is more complicated, so an initial quote will
often change by the end of the process. Fees may vary as to the council in which the property is
located, rates, taxes, utilities and the time of year the property is sold.
Auction costs
Some real estate agents will charge a seperate fee for their auctioneer services. This generally sits
around the $600 dollar mark but can vary depending on your selected agency. Other agencies will include
this fee within their commission.
Other Fees to Consider
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Mortgage Discharge Fee: This varies by state.
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Early Exit Fee: Dependent on your loan type, bank, and current swap rates. We recommend
reviewing
your loan agreement to determine whether an early exit fee applies and how much it will cost.
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Home Staging: The cost of hiring professionals to style and furnish your home for sale.
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Removalist Costs: Vary based on factors such as hours worked, distance between
properties,
and the
volume of furniture being moved.
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Storage Costs: Charges for storing belongings if necessary during the moving process.