Property Agent Commission Calculator Malaysia

For a sale or purchase, 3% of the price, with a minimum fee of RM1,000 per property. For a rental, 1.25 months of rent for a tenancy of up to three years, 1.5 months for over three to four years, and 1.75 months beyond four years. These come from the scale of fees the Board of Valuers, Appraisers, Estate Agents and Property Managers publishes under the Valuers, Appraisers, Estate Agents and Property Managers Rules 1986.

No, 3% is the ceiling. Anything at or below it is whatever the owner and the agency agree in writing. Subsale fees are often agreed below the ceiling, and developers set their own rates for new projects, which fall outside the sale scale.

Yes, if the agency is registered for service tax. Estate agency is a taxable professional service, charged at 8% since 1 March 2024. Registration is compulsory once a firm's taxable turnover passes RM500,000 in 12 months, so smaller agencies may not charge it. The tax is on top of the fee and goes to the Royal Malaysian Customs Department.

Whoever appointed the agent. In most Malaysian rentals that is the landlord. If a tenant appoints their own agent, the tenant pays that agent. Put it in the appointment letter before you start marketing.

The two agencies agree it between themselves, most often 50/50. The fee is invoiced by the listing agency and the co-broke share is paid agency to agency, never to the negotiator personally. Each agency then pays its own REN under its own split.

No. A REN works under a registered estate agency, and fees are invoiced and received by that agency. Your share reaches you from the agency, under your agency's commission policy.

It depends entirely on the agency and your volume, and it varies widely. Many agencies use a ladder that rises with your yearly sales, and some pay a higher split in exchange for a desk or marketing fee. The calculator lets you enter your own.