Estate agents in Namibia earn a commission on the sale of each property they are involved in. The amount of commission earned varies depending on the value of the property sold. For example, an estate agent may earn 3% commission on the sale of a home worth N$1 million. This would equate to a salary of N$30,000 for that one transaction.
Estate agents in Namibia earn a commission on the sale of each property they are involved in.
Estate agents play an important role in the Namibian property market, acting as a link between buyers and sellers. They typically earn a commission on the sale of each property they are involved in, which can vary depending on the value of the property and the level of involvement required. While estate agents may not always be able to control how much commission they earn, there are some things that they can do to maximise their earnings. For example, by marketing properties effectively and efficiently, they can help to ensure that deals are completed quickly and with minimal hassle.
The amount of commission earned varies depending on the value of the property sold.
In Namibia, estate agents typically earn a commission of 4 to 6 percent on the sale of a property. The amount of commission earned varies depending on the value of the property sold. For example, an agent selling a home for N$1 million (US$68,000) would earn a commission of N$40,000 to N$60,000 (US$2,720 to US$4,080).