Lowering the chance of securing enough

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For instance, let’s say you want to sell your house for RM500,000, not including the real estate agent’s commission. You can ask the agent to list your house for RM515,464 (100/97 x RM500,000). This means the price you want for your house doesn’t include the agent’s fee. However, be cautious with this approach. When you increase the house price to cover the agent’s cost, your house may be priced higher than others in the market, affecting its saleability.


The price might also exceed the market value, loans for the purchase. cameroon whatsapp number database Before going ahead with this method, it’s wise to seek advice from your agent first. 9. Co-Agency and Commission Payment When two agents collaborate to sell your property (co-agency), one represents the seller and the other the buyer. In this scenario, the seller’s agent commission is still 3%, split between the agents (1.


5% each). 10. Agent Fee is Tax Deductible The agent fees you pay can be used to reduce the Real Property Gains Tax (RPGT) charged by the Inland Revenue Board of Malaysia. When selling a house through an agent, you should request a payment receipt from your appointed agency and submit this document to your lawyer for calculations. You need to provide this payment proof to your lawyer before they send the calculations to LHDN.