The primary hidden costs in 2026 are strategic rather than just financial, specifically the risk of “pass-in” costs during auctions in softening markets and the loss of buyer urgency following February and March 2026 RBA rate hikes (Domain). Choosing an incorrect sale method in the current environment can lead to extended days on market and […]
The provided market data does not indicate that conveyancing is cheaper when using a solicitor referred by an agent. Conveyancing fees are separate from real estate agency commissions, although some vendors may find administrative ease in using a recommended legal partner. Choosing a solicitor often comes down to a preference for convenience versus independent oversight.
Percentage fees scale based on the final sale price, whereas fixed fees remain constant regardless of the outcome. In metropolitan Melbourne, percentage commissions average between 1.87% and 2.1% (OpenAgent, WhichRealEstateAgent), though Victorian law requires all fees to be listed as both a percentage and an equivalent dollar amount in the Sales Authority. Choosing between fee
In Victoria, the vendor’s statement – often called a Section 32 – is a comprehensive disclosure document you must provide to potential buyers before selling your property. Preparing this statement, along with costs like land tax clearance and potential loan break fees, are key considerations when planning a sale in 2026. While vendor confidence has
