This makes the amount the agent collects

[sumaiyakhatun29]

Real estate agent 3) Do I need to pay service tax? For agencies that meet the requirements and are registered with customs, they are required to collect SST from you. This SST is 6% of the commission. From the commission, not from the selling price. Let's say the agency fee is 3%, the SST you have to pay is 0.18% (6% SST x 3% commission).


3.18% of the selling price. For rental, let's say the fee is RM1000. The chile whatsapp number database amount the agent will collect from you is RM1060. 4) How do I pay the real estate agent's fees? Many people are afraid to hire a real estate agent because they think they have to pay an advance or out of their own pocket.


Actually, no. This real estate agent cannot ask for a down payment from the seller. That is ethically wrong. The correct payment method is like this… When there is a buyer, the buyer will pay the booking fee. This booking fee is paid to the agency's client account. The agent will then work to help the buyer obtain a loan and connect them with a lawyer.