Estate agent commission calculator
Estate agents in South Africa usually charge 5% to 7.5% of the selling price, and VAT at 15% is added on top, so a quoted 5% costs 5.75% of the price. On a R2 000 000 home that is R115 000 to R172 500. Commission is negotiable and is set in the mandate you sign.
Put in your price to see the commission at 5%, 6% and 7.5%, and what the same sale costs privately.
The price you expect to sell for.
Privately's listing fee is charged only while the listing is live.
5% plus VAT
R115 000
R100 000 commission and R15 000 VAT, 5.75% of the price
Selling privately keeps R114 204 more
6% plus VAT
R138 000
R120 000 commission and R18 000 VAT, 6.9% of the price
Selling privately keeps R137 204 more
7.5% plus VAT
R172 500
R150 000 commission and R22 500 VAT, 8.62% of the price
Selling privately keeps R171 704 more
Selling privately on Privately
R199 a month while your listing is live (R597 for 3 months), plus a once-off R199 to open your account: R796 in all, and no commission. Your other selling costs, such as bond cancellation and compliance certificates, are the same either way. Current prices and any free offer are on the pricing page.
Questions
- How much do estate agents charge in South Africa?
- Agents usually quote 5% to 7.5% of the selling price, and VAT at 15% is added on top, so a quoted 5% costs 5.75% of the price. Commission is negotiable and is set in the mandate you sign with the agent.
- What is the commission on a R2 000 000 house?
- Including VAT, R115 000 at 5%, R138 000 at 6% and R172 500 at 7.5%.
- What does selling privately on Privately cost instead?
- R796 for a listing that is live for 3 months, including the once-off fee to open your account, and no commission. Your other selling costs are the same either way.
Read more
- The cost of selling a house in South Africa: commission, certificates, bond cancellation and tax together.
- Sole mandates: what you agree to, and when two agents can both claim commission.
- What you keep when you sell: capital gains tax and every selling cost, through an agent or privately.
