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  • Real Estate agent commission bindings

    Hi say if you listed your property with a REA, they show buyers through but you decide not to sell (because the offers are too low). Some time later you sell it privately.

    Is there a condition you can negotiate with REA so you don't pay commission if you sell privately because the price...
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  • Is real estate commission tax deductible when selling property

    Hi guys,

    I purchased property in 2017 for let's say $500,000. Sold it in 2018 for $510,000. Paid to a real estate agent a sale commission of $12,000.

    So I made a loss of $2,000.

    Question: is the agent commission tax deductible? basically do I have a tax to pay?...
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    Last edited by Perry; 31-07-2018, 08:02 AM. Reason: fixed typo

  • Does the agent get the commission?

    Hi team,

    Friend of mine heard about a property before it hit the market - deceased estate - contacted the vendor and put in a private offer. Didn't come to anything as their price expectations were too high. After a failed marketing campaign the house hasn't sold and is no longer being...
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  • Agent Commssion on Apartment Sale - Claim GST Credit, Expenses to Nett Off Income?

    Hi,

    I Bought a zero rated apartment, and also sold it zero rated to another GST registered buyer. For the GST paid to the agent, can I claim GST credit for it i.e consider the agent commission as part of the 'Purchases and Expenses? The GST portion of the commission exceeds the gst on...
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  • Sole Agency and Buying Privately

    My friend is selling her house which I am really keen to buy. Unfortunately when I found she is selling the property it has already been listed with a real estate company (Sole Agency).
    Can I still buy privately and would the seller be liable for commission since I found about the sale directly...
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    Last edited by MrRollerson; 16-04-2016, 05:50 PM.

  • Busyman
    started a topic Agents fees and commissions

    Agents fees and commissions

    I own a large industrial building that I am considering putting up for lease. I was shocked by the fees charged by the first agent I approached. Can anybody please enlighten me to what the going rate is in terms of agent's commissions and fees for leasing of commercial property, as well as for selling...
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  • Sundaybell
    started a topic The Truth Behind FOR-SALE-BY-OWNER!
    in USA

    The Truth Behind FOR-SALE-BY-OWNER!

    While there will always be for-sale-by-owner enthusiasts out there, what does it say for their credibility when a founder of a major FSBO company himself needs an agent to sell his property for him?

    Sundaybell
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    Last edited by donna; 29-11-2015, 10:00 AM.

  • Bardebes
    started a topic Question for Leasing agents!

    Question for Leasing agents!

    If someone brings you a tenant for a property but asks for a cut into the commission, is this legal?

    Based on them withholding the tenants contacts till agreed upon and then of course only if the tenant signs the agreement to lease.

    Feedback appreciated!
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