What are the Professional fees chargeable by an Estate Agent?

 

  • Sale – maximum professional fees of 3% of the value of the property
  • For letting/ leasing:-

 

 

Duration of Tenancy

Maximum fee

Up to 3 years

1.25 months of gross rental

Exceeding 3 years up to 4 years

1.50 months of gross rental

Exceeding 4 years up to 5 years

1.75 months of gross rental

Exceeding 5 years (without renewal option)

1.75 months of gross rental

Exceeding 5 years (with renewal option)

1.75 months of gross rental plus 0.25 months of gross rental for each extra year

 

 

  • Claims are allowed for travelling, printing, copies of documents, advertisements, sign boards, etc.

Service Tax – 6% of Government Service Tax will be charged on all professional fees received as it is compulsory under the law to pay service tax for those using the services of the Real Estate firms.

For any enquiries and informations, please contact us at +603 7729 9988 or enquiry@kimrealty.com.my