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Queensland Agents selling commission
Queensland and Tasmania are the only states of Australia that has regulated maximum commission on residential properties.
Other states don't have any maximum to the amount they may charge as a commission.
While NSW and Victoria commision fees often start at 4% + GST.
Queensland is regulated to a maximum of 5% on the 1st 18,000 and 2.5% above that + GST on residential properties, there is no maximum commission on commercial properties.
An easy way to work commission payable is $450 + 2.5% of the sale price + GST
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