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What is an agent's commisison?

Author
MyProperty
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The commission charged by estate agents varies, the national average ranging between 5 and 7.5 percent plus Value Added Tax (VAT), which is invariably paid by the seller. Some sellers charge a fixed commission (e.g. R15,000 on properties costing up to R300,000, and ranging from R65,000 up to R100,000 PLUS VAT on top on properties costing up to R2 million).