“Selling Property in Australia: Agent Commission Is Only One Part of the Cost”

Summary

Selling costs are a key consideration when investors exit or rebalance a property portfolio. Members discussed typical selling agent commission ranges and whether fees can be negotiated. Some noted that commission rates often depend on the property value, with lower-value properties sometimes attracting higher commission percentages and higher-value homes sometimes allowing lower rates. The discussion also highlighted…

Key Points

Why it matters: Selling costs are a key consideration when investors exit or rebalance a property portfolio.

Members discussed typical selling agent commission ranges and whether fees can be negotiated. Some noted that commission rates often depend on the property value, with lower-value properties sometimes attracting higher commission percentages and higher-value homes sometimes allowing lower rates. The discussion also highlighted additional selling costs such as advertising, furniture rental and staging. Members noted that stamp duty on purchase and selling costs mean Australian property investment often needs to be assessed over a longer holding period.

Practical Takeaway

Use this note as a practical prompt before making decisions. Check the rules in your state, keep written records, and seek qualified advice where needed.