Understanding Real Estate Agent Fees and Commissions in Victoria (2025 Guide)
Navigating real estate agent fees and commissions in Victoria can be complex. This guide provides up-to-date information on typical commission rates, additional costs, and strategies to ensure you receive the best value when selling your property.
Overview of Real Estate Agent Fees in Victoria
Selling a property in Victoria comes with a range of fees, most notably the real estate agent’s commission. On average:
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Metro areas: 1.5% – 2.5% of the sale price
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Regional areas: 2.5% – 3.5% of the sale price
These percentages can vary depending on the property type, the agent’s experience, and the level of service offered. Understanding what’s typical in Victoria can help you negotiate better terms.
➡️ Compare with NSW real estate commission rates
Types of Commission Structures
Agents may charge commission in different ways:
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Fixed Percentage: A flat percentage of the sale price.
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Tiered Commission: The percentage changes depending on the final sale price (e.g., 2% up to $500k, 2.5% thereafter).
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Flat Fee: Some agents offer a fixed dollar amount regardless of sale price.
💡 Knowing the type of commission can help you avoid surprises and compare agents more effectively.
Additional Costs to Consider
Beyond the agent’s commission, there may be other fees:
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Advertising & Marketing: Online listings, photography, brochures, signboards.
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Staging: Costs to prepare your home for sale.
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Legal Fees: Conveyancing or solicitor costs.
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Administrative Fees: Some agents charge extra for paperwork or management.
💡 Asking your agent to break down all potential costs upfront can save you from unexpected expenses.
Tips for Negotiating Agent Fees
You can often negotiate better terms with the right approach:
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Do your research: Know the average rates in your area.
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Get multiple quotes: Speak to 2–3 agents before committing.
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Ask for a breakdown: Ensure all costs are clear and transparent.
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Consider performance-based incentives: Some agents accept lower base commission plus a bonus if your home sells above a target price.
Legal Considerations and Consumer Protections
Victorian law protects home sellers in several ways:
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Written Agreements: Agents must provide clear contracts.
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No Underquoting: Agents are not allowed to advertise below the expected selling price.
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Cooling-off Periods: Certain agreements allow you to cancel within a set timeframe.
💡 Familiarizing yourself with these rules helps you stay protected and make informed decisions.
iREC provides independent guidance so Victoria sellers understand what they’re paying and why. From negotiating fees to comparing agents, our mission is to ensure fair deals and maximum value.
A Roy Morgan research report found that the real estate profession in Australia is consistently ranked among the least trusted professions... it makes sense to use an Vendor Advocate. Robert Williams has over 36 years’ experience advising home sellers. He founded iREC to give sellers insider knowledge of how agents really work — ensuring you don’t overpay or choose the wrong one.
Selling is one of the biggest financial decisions you’ll ever make—make sure you’ve got someone who's independent in your corner.
🗣️ Talk to Your Victoria Advocate Today
➡️ National guide to real estate fees & commissions
For more information regarding Real Estate Agents, their Commission & Fees, in your specific suburb in VIC, select your district below....
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