RE: No Chance in Australia26 Sep 2018 14:02
Yes, the new payment structure....
Most agents in Australia charge AUD $8-$10k, varying between $0-$2k on average upfront and the $8-$10k on payable on the competition of the sale.
So there's now nothing special about PB, except the Agents get $1000 for getting the listing and $1250 if they make the sale, whereas traditional agents get between 65% - 80% of the $8-$10k.
Where do you think the good agents will go?