How The Figures Are Worked Out

For a sale, the commission is the agreed percentage of the transacted price, or a fixed sum. For a rental it is usually stated as a number of months of rent, or a fixed sum. If the estate agency is GST-registered, 9% GST is added on top and the client pays both. If it is not registered, no GST is charged.

Where two agencies co-broke, the share passed to the other agency comes off first. What is left is split between the agency and the agent according to the agent's own agreement. GST does not belong to either of them.

There is no standard rate. CEA states that there are no fixed commission rates and no prescribed guidelines, and that the amount and terms are to be agreed between client and agent before work starts. Use this page to show a client exactly what an agreed figure means in dollars.