Is a Commission Required of Real Estate Agents?
The common law recognises an estate agent's inherent entitlement to receive a commission for their services. In most cases, the Estate Agent is obligated to pay commission when they have successfully completed their client's request, regardless of how much time or effort was required to complete the request. There is no cap placed on the amount of commission that a real estate agent is allowed to charge their clients in South Africa. In the higher echelons of the market, this frequently results in earnings that are quite substantial. Many people have been motivated to enter the real estate agency profession…
