The largest brokerage commission even among the expenses concerning the real estate sale

Residential properties are occasionally sold. In that case, it is a translation to take care of a real estate agent, but it is necessary to pay attention to the expense.
If you do real estate related procedures, it will cost you a lot of money. Take stamp duty, for example. It’s easy to forget if you’re careless, so you need to be careful.
Also, when the property is transferred, you will have to pay various taxes. There are multiple types, including income taxes and special taxes. You’ll also have to pay for the mortgage.
There are various expense payments as described above, but the one that requires the most attention among them is the commission burden to the real estate agent. This is the so-called brokerage fee.
When a real estate property is sold, it usually puts it on the market. Rather than a purchase, first of all, it is almost a case to have a real estate agent advertise a housing and put it on the market. This is because it is easier to sell than to buy it.
It’s good, but the problem is the commission to the real estate agent. When a sale is completed through a real estate agent, a brokerage commission will be paid. That amount of money is surprisingly not to be taken lightly.
Basically, it tends to depend on the amount of the transaction. When the sale amount is 2,000,000 yen or less, it will pay a real estate agent by the figure that multiplies the transaction amount by 5%. Moreover, when it exceeds 4 million yen, it becomes a percentage of 3% to the sale amount. Therefore, how much the brokerage fee will be depends on the amount of the transaction.
Therefore, among the various expenses which arise in the case of real estate sale, the agency fee is the largest. Of course, there are various expenses such as stamp duty and taxes mentioned above in addition to the brokerage fee. However, rather than expenses such as stamp duty, the amount of money will be larger than the agency fee.
However, a brokerage commission also has one side which is influenced by the real estate agent who takes care of it. This is because each vendor also has different figures on fees. Therefore, when you want to control expenses as much as possible when doing a real estate sale, it will be good if you compare the brokerage commission of each company.