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When buying a house in Australia, the buyer pays the buyer’s agent, if they choose to use one. The fee is usually a fixed amount or a percentage of the purchase price (commonly 1–3%). This is separate from the seller’s real estate agent, who is paid by the seller through the sale proceeds. Using a buyer’s agent is optional, but many buyers find it helpful for expert advice and negotiation support.

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Related Questions

How much should you pay a real estate agent when buying a house?

Standard commission in the US is 3% to selling agent, 3% to listing agent. The seller pays the commission.


Do you really need an agent when buying or selling a property in Australia?

There are advantages if you hire an agent when buying or selling a house specially in Australia. One is that an agent can offer knowledge and expertise and you can ensure that your earnings is properly taken cared of, and tenants will pay their rents on time.


Do I need an attorney when I am buying a house from a private seller?

While you do not need an attorney, it is best to have an agent represent you.


Who pays sale tax?

The person who is buying the product pays the sales tax.


The home buying center?

The Home Buying Center is a house buying company there website is http://www.thehomebuyingcenter.com They also sell foreclosure houses cheap. My friend Bob used The Home Buying Center and bought a house way less than through a real estate agent.


Should you use a real estate broker when buying a home?

Always. The service is free to you, as the seller pays the real estate commission. If you aren't real estate savvy you need someone in your corner to make sure you don't miss deadlines and have done your due diligence. Selling a house? I say no, you don't need an agent. But if you're buying, do yourself a favor and get an agent. Below is the original answer, not mine: You don't have to sometimes if you don't the seller can reduce the price of the house more readily because they don't have to pay that extra expense.


Who usually pays a real esate agent a commission?

In US residential real estate the Seller pays the real estate agent's commisssion.


In a for sale by owner transaction, who pays the buyer's agent commission?

In a for sale by owner transaction, the seller typically pays the buyer's agent commission.


Who pays the buyer agent fees in a for sale by owner transaction?

In a for sale by owner transaction, the seller typically pays the buyer agent fees.


When you and your spouse are buying a house who pays for it?

My husband already owned a house when we got married so i have no problem anymore. It depends on the agreement of the couple in case the house is not paid yet, but the husband should pay more :))


Do you need a real estate agent when buying a house?

It's always wise to have someone who knows about real estate. However, you don't need an agent to buy a house, but I do recommend it unless you are an experienced savvy investor who has done it before.


Who pays for a termite inspection when buying a home?

The buyer