Real Estate Agents’ fees in NSW can vary considerably depending on the property’s location. A Sydney real estate agent’s percentage will be less than what an agent charges in NSW country regions. The reason is that properties in the City are sold at a much higher price than those in regional areas, and there is much more competition. Typically, in the inner-city suburbs, you will pay anywhere from 1.5% + GST to 2% + GST. A buyer’s agent will be 1-2 per cent of the purchase price.
So, What Agent Should I choose?
Sadly, many home sellers and property buyers get so caught up in what one agent charges over another. They generally make the wrong decision by choosing the cheapest agent around. This can be one of the most costly decisions that you make in a lifetime. If you’re a home seller, this could mean a loss of $10,000’s of dollars, and the same for a buyer engaging a buyer’s agent.
“The most dangerous decision you Could End Up Making is a Fee-Based Decision. The Cheapest Agent Will Generally Cost You the Most Money. YES”
What Should I Do If I Ask the Agent to Reduce Their Fee and They Do?
Run…..If a real estate agent is prepared to drop their pants when you ask what type of negotiator they are? Would you really want them to buy or sell a property for you? NO….How are they going to be able to negotiate the best buying or selling price for you? You are a better negotiator; dismiss them and find an agent who won’t.
“If an Agent Reduces
Their Fee When You Ask Them to Find Another Agent”
Would You Accept a Lesser Pay Cheque Next week?
Probably not…..If a seller or buyer’s agent is prepared to throw away their own money by discounting, you have to ask yourself the question, “What Will They Do With My Money?” Avoid this agent at all costs.
“Always Ask the Agent to Reduce Their Fee, if They Won’t, This May Be the Best Possible Negotiator to Have on Your Side.“
