One of the most common misconceptions I encounter: "Do I have to pay you?" The answer, for buyers, is almost always no.
Here's how the commission structure works in Philippine real estate.
Who Pays the Agent's Commission?
In most real estate transactions in the Philippines, the seller pays the commission — not the buyer. This commission is typically built into the selling price of the property.
For developers, the commission is a standard percentage of the unit's selling price, which the developer pays upon successful turnover or upon loan approval.
Standard Commission Rates
- Residential resale: typically 3–5% of the selling price
- New developer units: varies by developer, usually around 3–5%
- Rental: usually one month's rent or a percentage
What Does This Mean for You as a Buyer?
You get professional guidance, market knowledge, negotiation support, paperwork assistance, and access to a wide network of listings — all at no direct cost to you. There's genuinely no reason to buy property without professional help.
What About Licensed Brokers vs. Agents?
In the Philippines, the hierarchy is:
- Real Estate Broker — PRC-licensed, can independently transact
- Registered Real Estate Salesperson (RES) — works under a licensed broker
- Real Estate Appraiser — specializes in property valuation
As a Real Estate Professional under Realty ONE Group Upgrade Philippines, I operate under a licensed broker and am your dedicated point of contact throughout your transaction.
Paulo "Pow" Salud
Facebook Messenger: m.me/514474608756049
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