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 How many % is the property agent comission fee?, for JB

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TSwestlife
post Nov 14 2023, 10:44 AM, updated 2y ago

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is it seller onlys pay or both seller and buyer pay?

and what is the ratio?

This post has been edited by westlife: Nov 14 2023, 10:55 AM
TSwestlife
post Nov 14 2023, 11:14 AM

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QUOTE(sijun @ Nov 14 2023, 10:57 AM)
generally is 3% paid by seller.
however it can be up for negotiation.
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QUOTE(Nanti Sekejap @ Nov 14 2023, 11:12 AM)
lowest 2% in my experience
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icic. so 2 to 3% by seller are common.

but buyer no need to pay at all? i tot JB or penang -> buyer and seller share commission?
TSwestlife
post Nov 14 2023, 01:53 PM

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QUOTE(sijun @ Nov 14 2023, 12:39 PM)
mine was 1% lowest. normally the higher value the property the more room for negotiation on the commission.
unless negotiated that buyer to pay a part, i doubt so. but ive only experienced KV transactions.
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Ur 1% is buyer or seller?
TSwestlife
post Nov 14 2023, 02:32 PM

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QUOTE(vaksin @ Nov 14 2023, 02:08 PM)
3.18% go to property agent company.. 50% agent comm, 50% go to company...
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what 3.18%???
TSwestlife
post Nov 14 2023, 03:06 PM

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QUOTE(sijun @ Nov 14 2023, 02:56 PM)
seller pay 1%.  buyer no pay. it was a 2.4m+ prop.
3% comm + 6% sst = 3.18%
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ic. 1% is considered very low i guess?

normally they charge 2% and above. i have not encountered any agent that charge 1% only. likely they give 'discount' personally just to win the deal?

icic. 3.18% is a lot to pay just to sell a house. sad.gif
TSwestlife
post Nov 14 2023, 05:43 PM

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QUOTE(sijun @ Nov 14 2023, 05:32 PM)
it was a take it or leave it offer to the agents. because was selling at loss.
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Icic. Then indeed to them better than nothing. Earning lesser at the meanwhile with sale figure also better than none.

Besides, all these agents the agency company will chop 50-% from agent before they give the remaining to agents themselves?
TSwestlife
post Apr 19 2024, 11:27 PM

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QUOTE(theodore_kh @ Apr 19 2024, 11:17 PM)
i was quoted 1% as a buyer. 2% for the seller.
Total commission is 3%
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Ic. Which city?

 

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