Licensed Real Estate Agent

What is a licensed real estate agent?

A licensed real estate agent is someone professionally certified to help people buy, sell, or rent properties. They act as a middleman between buyers and sellers, guiding clients through the process, showing properties, negotiating deals, and handling paperwork.

How much commission do licensed real estate agents charge? 

Licensed real estate agents usually charge a percentage of the property's sale price as their commission. In Australia, this percentage can vary, with the average ranging anywhere between 1%-3.6%. However, rates can differ based on your location and the agreement between the seller and the agent. 

Are licensed real estate agents worth it? 

Using a licensed real estate agent can come with an array of added benefits that can definitely make it worth your money. These include:

• Expertise: agents bring market knowledge, negotiation skills, and experience.
• Wider reach: they have access to broader networks and marketing resources.
• Guidance: they guide you through complex processes like paperwork and legalities.
• Time saving: agents handle property showings, vetting buyers, and other tasks.
• Better deals: their negotiation skills often lead to better terms and prices.