If you have been thinking about taking advantage of the current market conditions and selling your property, it is important to take into consideration the associated costs of selling a home. The below outlines these fees which will vary depending on your own circumstances and are to be used as a guide only. 

Agents’ fees: Rates generally fall within the 1.5 – 3.5% range. However, the rate you pay could be more or less than that, as agencies vary their rates depending on a number of different factors.

Marketing costs: It’s hard to give an exact figure on marketing costs, as sellers take very different approaches. That said, they generally fall between $1,000 and $10,000 in QLD.

Conveyancer/solicitor fees: Conveyancing costs in QLD range from $800 to $2,200.

Lender fees: If you have a mortgage on the home you’re selling, you’ll need to pay a mortgage discharge fee. In QLD, this generally costs between $150 and $1,500, with the exact amount depending on your specific lender.

Home staging: Styling costs depend on how much furniture is needed to bring a space up to scratch, and can reach as much as $6,000.

Auction fees: An auctioneer will charge between $400 and $1,000 in QLD. Of course, this fee’s irrelevant if you choose to sell via private negotiation.

If you would like further information on any of the above or would like to enquire as to our competitive fees at Hood Estate Agents, please get in contact today on 07 3115 2000 or hello@hoodestateagents.com.au

*Above figures were sourced from realestate.com.au