Real Estate Commission in South Australia
South Australia has performed well this last 12 months, with consistently solid growth in the property market across the state; houses and units having risen 4.6% and 4% respectively. Adelaide has managed substantial growth in the still strengthening property market, with auction clearance rates soaring to 81%. In the south east of the state, bordering Victoria, Mount Gambier slowed down, following last year’s performance, though still managing 465 sales over the 12 month period. This is still a good sign with regard to real estate commission, as the upward price trend will likely keep commission fairly low.
What you need to know about real estate commission in South Australia
There are no government regulations in place in South Australia, concerning real estate commission, allowing agents to adjust their rates as the free market dictates. The commercial hub of Port Lincoln will tend to draw higher real estate agent commission than that of Adelaide, due to their lower median prices and fewer competing agents.
Here’s how the average SA commission rate compares to the rest of Australia:
|State||Ave. Commission Rate|
Real estate agent commission data sourced from LocalAgentFinder on 3rd December 2018.
What to consider when finding the right real estate agent to sell your property
- Agents tend to vary on commission, so be sure to compare the differing rates they offer in regards to their real estate commission and services, as it’s the best way to discover what best suits your situation.
- Famous opal mining town, Coober Pedy, will likely attract higher real estate commission fees, due to agent scarcity, lower median prices, and the relatively high income of the populace, differentiating it slightly from typical regional areas.
- In metropolitan Adelaide, real estate agent commission is lower, allowing you to weigh up other factors an agent may offer, such as experience selling similar properties.
Want to find out what real estate agents are charging in South Australia?
You can compare real estate agent commission easily with AgentsCompare, by requesting free, online quotes from local real estate agents. It’s an online service that’s 100% free with no obligations, so start comparing agents’ fees, services and experience online now. Register your property today to begin comparing agents in your neighbourhood.
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