Sub Agent

What is a sub-agent?

A sub-agent is someone authorised by an agent to act on their behalf. They will typically assist in tasks like showing properties to potential buyers or negotiating sales contracts. 

Are sub-agents common? 

In today’s real estate market, sub-agents are not as popular as conventional agent agreements. These agreements typically involve a direct relationship between the client and their chosen real estate agent. This arrangement is commonly known as an exclusive agency agreement. 

How much commission do real estate agents charge? 

Real estate agents typically earn a commission based on a percentage of the property's sale price. In Australia, this percentage can vary, typically falling between 1% and 3.6% on average. However, the exact rate can vary depending on factors such as the property's location and the specific agreement between the seller and the agent.