## How to calculate the amount of realtor’ s fee in Japan

### How to calculate the amount of realtor’ s fee in Japan

In this page, I will explain about how to calculate the amount of realtor’s fee in Japan. When you purchase property in Japan, you will search real estate through website. Or if you are already in Japan, you will go to real estate company in your neighborhood. There are a lot of information there. You will tell your demand to them and they will try to find suitable property for you. If they find nice real estate, you will order them intermediation with seller. The realtor will make sales contract and other necessary documents for buyer and seller. At the closing date, you will pay sales amount to seller (Let’s say it is \$400,000) and fee for realtor. “

#### Calculation of Realtor’s fee in Japan

Fee for realtor is ( 3% of sale price + \$600 ) × 1.08 ( consumption tax ). So, when sale price is \$400,000, fee for realtor is about \$13,000. ( in this website, \$1=Yen 100 )
sales amount calculation formula (  Excluding consumption tax )
more than 4 million yen 　  sales amount 　×　3 ％　＋　60,000 yen
more than ２ million yen, less than ４ million yen 　　sales amount 　×　4 ％　＋　20,000 yen
less than ２ million yen 　　sales amount 　×　5 ％
Though, this is maximum amount of fee stipulated in Law, most of realtor will charge you this amount. Especially in the case of large, famous real estate company will not discount this amount.