{"id":13958,"date":"2017-09-08T17:00:33","date_gmt":"2017-09-08T07:00:33","guid":{"rendered":"http:\/\/realestatetalk.com.au\/?p=13958"},"modified":"2017-09-08T17:00:33","modified_gmt":"2017-09-08T07:00:33","slug":"video-agents-commissions-fall","status":"publish","type":"post","link":"https:\/\/channels.realty.com.au\/realtytalk\/video-agents-commissions-fall\/","title":{"rendered":"VIDEO \u2013 Agents\u2019 commissions fall"},"content":{"rendered":"<p><strong>Transcript:<\/strong><br \/>\nWith a lot of talk about real estate agent\u2019s commissions, it is interesting to note that there is no one commission in Australia. In most states, it is unregulated which means that agents can charge as much as they can negotiate or sellers can negotiate as little as possible.<br \/>\nWhen deregulation was first introduced in the various states, each state decided when they would introduce it \u2013 and it took quite a while, many years in fact in some states \u2013 but when it was introduced, it was assumed that it would drop.<br \/>\nRecent figures released show that the most expensive place in the nation is in Tasmania where you will pay, on average 3%, Queensland is at 2.61%, WA it will set you back 2.31% but in the nation\u2019s property powerhouses \u2013 pardon the pun \u2013 Sydney and Melbourne the average commission is 2.05%. Still, I don\u2019t hear too many agents in those cities complaining when the median is at least double what it is in other capital cities.<br \/>\nA story now about crying poor \u2013 it was interesting to hear News Corps CEO Michael Miller issue a rallying cry for more collaboration from rival media owners to shore up publishers and broadcasters for the future. He has urged his peers to work together more closely to compete with the scale of global and digital operators and said they must stop reveling in each other\u2019s decline. He talked about the \u201cshrinking advertising pie\u2019 no doubt referring to the impact online advertising is having on print media.<br \/>\nBut here is the interesting thing \u2013 News Corp is the largest shareholder in the country\u2019s biggest property portal \u2013 realestate.com.au. Australia is the most expensive country in the world to advertise a property on the internet \u2013 something overseas operators cannot believe.<br \/>\nThe root cause of the problem was way back in the beginning when real estate agents gave all the listing details of properties for sale to the portals and then agreed to buy the same information back by having to pay to have their listings on the portals they had allowed to flourish on the back of the information they had provided. Crazy.<br \/>\nIn fairness though, Michael Miller was referring, in the main, to the demise of journalism. He said &#8211; \u201cIt is a cruel irony that here we are, organisations who invest in journalism and support the creation of unique, local content for Australian audiences, in the fight of our lives against international players \u2013 who, despite their scale, lack our local commitment, influence and impact.\u201d I agree.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Transcript: With a lot of talk about real estate agent\u2019s commissions, it is interesting to note that there is no one commission in Australia. In most states, it is unregulated which means that agents can charge as much as they can negotiate or sellers can&#8230;<\/p>\n","protected":false},"author":176692471,"featured_media":13960,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[10,11,13,22,29],"tags":[70,131],"class_list":["post-13958","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-kevin-turner-sponsored-channels","category-kevin-update","category-latest-story","category-research-topic","category-video","tag-featured","tag-videos"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>VIDEO \u2013 Agents\u2019 commissions fall - Realty Talk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/channels.realty.com.au\/realtytalk\/video-agents-commissions-fall\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"VIDEO \u2013 Agents\u2019 commissions fall - Realty Talk\" \/>\n<meta property=\"og:description\" content=\"Transcript: With a lot of talk about real estate agent\u2019s commissions, it is interesting to note that there is no one commission in Australia. In most states, it is unregulated which means that agents can charge as much as they can negotiate or sellers can...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/channels.realty.com.au\/realtytalk\/video-agents-commissions-fall\/\" \/>\n<meta property=\"og:site_name\" content=\"Realty Talk\" \/>\n<meta property=\"article:published_time\" content=\"2017-09-08T07:00:33+00:00\" \/>\n<meta name=\"author\" content=\"rolanrush\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"rolanrush\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/video-agents-commissions-fall\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/video-agents-commissions-fall\\\/\"},\"author\":{\"name\":\"rolanrush\",\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/#\\\/schema\\\/person\\\/384a57ac9e52cb9bf19896cb15eaa52d\"},\"headline\":\"VIDEO \u2013 Agents\u2019 commissions fall\",\"datePublished\":\"2017-09-08T07:00:33+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/video-agents-commissions-fall\\\/\"},\"wordCount\":428,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/video-agents-commissions-fall\\\/#primaryimage\"},\"thumbnailUrl\":\"\",\"keywords\":[\"Featured\",\"videos\"],\"articleSection\":[\"Kevin Turner\",\"Kevin's Update\",\"Latest Stories\",\"Research\",\"Videos\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/video-agents-commissions-fall\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/video-agents-commissions-fall\\\/\",\"url\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/video-agents-commissions-fall\\\/\",\"name\":\"VIDEO \u2013 Agents\u2019 commissions fall - Realty Talk\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/video-agents-commissions-fall\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/video-agents-commissions-fall\\\/#primaryimage\"},\"thumbnailUrl\":\"\",\"datePublished\":\"2017-09-08T07:00:33+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/#\\\/schema\\\/person\\\/384a57ac9e52cb9bf19896cb15eaa52d\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/video-agents-commissions-fall\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/video-agents-commissions-fall\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/video-agents-commissions-fall\\\/#primaryimage\",\"url\":\"\",\"contentUrl\":\"\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/video-agents-commissions-fall\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"VIDEO \u2013 Agents\u2019 commissions fall\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/#website\",\"url\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/\",\"name\":\"Realty Talk\",\"description\":\"Your Trusted Voice For Property Investing. Anywhere, Anytime.\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/#\\\/schema\\\/person\\\/384a57ac9e52cb9bf19896cb15eaa52d\",\"name\":\"rolanrush\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/86544778804295a7fa45cbde097dc3a58a45ba6ed28859f17059ca74c38723d2?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/86544778804295a7fa45cbde097dc3a58a45ba6ed28859f17059ca74c38723d2?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/86544778804295a7fa45cbde097dc3a58a45ba6ed28859f17059ca74c38723d2?s=96&d=mm&r=g\",\"caption\":\"rolanrush\"},\"url\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/author\\\/rolanrush\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"VIDEO \u2013 Agents\u2019 commissions fall - Realty Talk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/channels.realty.com.au\/realtytalk\/video-agents-commissions-fall\/","og_locale":"en_US","og_type":"article","og_title":"VIDEO \u2013 Agents\u2019 commissions fall - Realty Talk","og_description":"Transcript: With a lot of talk about real estate agent\u2019s commissions, it is interesting to note that there is no one commission in Australia. In most states, it is unregulated which means that agents can charge as much as they can negotiate or sellers can...","og_url":"https:\/\/channels.realty.com.au\/realtytalk\/video-agents-commissions-fall\/","og_site_name":"Realty Talk","article_published_time":"2017-09-08T07:00:33+00:00","author":"rolanrush","twitter_card":"summary_large_image","twitter_misc":{"Written by":"rolanrush","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/channels.realty.com.au\/realtytalk\/video-agents-commissions-fall\/#article","isPartOf":{"@id":"https:\/\/channels.realty.com.au\/realtytalk\/video-agents-commissions-fall\/"},"author":{"name":"rolanrush","@id":"https:\/\/channels.realty.com.au\/realtytalk\/#\/schema\/person\/384a57ac9e52cb9bf19896cb15eaa52d"},"headline":"VIDEO \u2013 Agents\u2019 commissions fall","datePublished":"2017-09-08T07:00:33+00:00","mainEntityOfPage":{"@id":"https:\/\/channels.realty.com.au\/realtytalk\/video-agents-commissions-fall\/"},"wordCount":428,"commentCount":0,"image":{"@id":"https:\/\/channels.realty.com.au\/realtytalk\/video-agents-commissions-fall\/#primaryimage"},"thumbnailUrl":"","keywords":["Featured","videos"],"articleSection":["Kevin Turner","Kevin's Update","Latest Stories","Research","Videos"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/channels.realty.com.au\/realtytalk\/video-agents-commissions-fall\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/channels.realty.com.au\/realtytalk\/video-agents-commissions-fall\/","url":"https:\/\/channels.realty.com.au\/realtytalk\/video-agents-commissions-fall\/","name":"VIDEO \u2013 Agents\u2019 commissions fall - Realty Talk","isPartOf":{"@id":"https:\/\/channels.realty.com.au\/realtytalk\/#website"},"primaryImageOfPage":{"@id":"https:\/\/channels.realty.com.au\/realtytalk\/video-agents-commissions-fall\/#primaryimage"},"image":{"@id":"https:\/\/channels.realty.com.au\/realtytalk\/video-agents-commissions-fall\/#primaryimage"},"thumbnailUrl":"","datePublished":"2017-09-08T07:00:33+00:00","author":{"@id":"https:\/\/channels.realty.com.au\/realtytalk\/#\/schema\/person\/384a57ac9e52cb9bf19896cb15eaa52d"},"breadcrumb":{"@id":"https:\/\/channels.realty.com.au\/realtytalk\/video-agents-commissions-fall\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/channels.realty.com.au\/realtytalk\/video-agents-commissions-fall\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/channels.realty.com.au\/realtytalk\/video-agents-commissions-fall\/#primaryimage","url":"","contentUrl":""},{"@type":"BreadcrumbList","@id":"https:\/\/channels.realty.com.au\/realtytalk\/video-agents-commissions-fall\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/channels.realty.com.au\/realtytalk\/"},{"@type":"ListItem","position":2,"name":"VIDEO \u2013 Agents\u2019 commissions fall"}]},{"@type":"WebSite","@id":"https:\/\/channels.realty.com.au\/realtytalk\/#website","url":"https:\/\/channels.realty.com.au\/realtytalk\/","name":"Realty Talk","description":"Your Trusted Voice For Property Investing. Anywhere, Anytime.","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/channels.realty.com.au\/realtytalk\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/channels.realty.com.au\/realtytalk\/#\/schema\/person\/384a57ac9e52cb9bf19896cb15eaa52d","name":"rolanrush","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/86544778804295a7fa45cbde097dc3a58a45ba6ed28859f17059ca74c38723d2?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/86544778804295a7fa45cbde097dc3a58a45ba6ed28859f17059ca74c38723d2?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/86544778804295a7fa45cbde097dc3a58a45ba6ed28859f17059ca74c38723d2?s=96&d=mm&r=g","caption":"rolanrush"},"url":"https:\/\/channels.realty.com.au\/realtytalk\/author\/rolanrush\/"}]}},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/channels.realty.com.au\/realtytalk\/wp-json\/wp\/v2\/posts\/13958","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/channels.realty.com.au\/realtytalk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/channels.realty.com.au\/realtytalk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/channels.realty.com.au\/realtytalk\/wp-json\/wp\/v2\/users\/176692471"}],"replies":[{"embeddable":true,"href":"https:\/\/channels.realty.com.au\/realtytalk\/wp-json\/wp\/v2\/comments?post=13958"}],"version-history":[{"count":0,"href":"https:\/\/channels.realty.com.au\/realtytalk\/wp-json\/wp\/v2\/posts\/13958\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/channels.realty.com.au\/realtytalk\/wp-json\/"}],"wp:attachment":[{"href":"https:\/\/channels.realty.com.au\/realtytalk\/wp-json\/wp\/v2\/media?parent=13958"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/channels.realty.com.au\/realtytalk\/wp-json\/wp\/v2\/categories?post=13958"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/channels.realty.com.au\/realtytalk\/wp-json\/wp\/v2\/tags?post=13958"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}