How to compare buyers-agent quotes: a practical worksheet

Baxau editorial teamPublished:

Compare buyers-agent quotes by putting the same brief, total cost and contractual conditions in adjacent columns. Resolve missing scope and fee information before ranking price. The worksheet below is for your own quotes; it does not rank or endorse providers.

You can receive two reasonable quotes that solve different problems. One may cover a suburb search, inspections and negotiation. Another may start only after you have found a property. This worksheet helps you establish what you are actually comparing.

Send every agent the same brief

  • State your target suburbs, acceptable alternatives and property type.
  • Give a purchase budget range and identify whether buying costs are separate.
  • Explain your timeframe and what checks are already complete.
  • Choose the requested scope: full search, assessment and negotiation, or auction bidding.
  • Explain the decisions you want help making and the work you will arrange yourself.

Copy this comparison worksheet

Comparison itemAgent AAgent B
Named person doing the workFill inFill in
Service scope and search areaFill inFill in
Agreement term and exclusivityFill inFill in
Total including GST at your scenario priceFill inFill in
Retainer: included or additionalFill inFill in
Payment milestones and minimum feeFill inFill in
External inspection and legal costsFill inFill in
Unsuccessful search or termination termsFill inFill in
Relevant licence or supervision detailsFill inFill in
Referral benefits and conflicts disclosedFill inFill in
Outstanding questions and written answersFill inFill in

Calculate totals without double counting

For an illustrative fixed quote of $16,500 including a $2,500 retainer, the remaining service fee would be $14,000 if the agreement credits the retainer in full. If the same $2,500 were additional, the total would instead be $19,000. These are invented figures showing why the wording matters, not real fee quotes.

For a percentage quote, record the purchase price assumption and whether GST is already included. Repeat the calculation at the low and high ends of your budget. Keep legal, inspection and other third-party invoices outside the service-fee subtotal so you can see the full purchase budget without mislabelling those costs.

Use a shortlist rather than an automatic score

First remove unresolved eligibility and scope issues: verify the relevant licence or registration arrangements, identify who will represent you, and obtain a written agreement. Then compare evidence of relevant experience, the quality of the proposed work and the communication process. A score out of ten can hide a serious unanswered contractual question.

The NSW Government guide explains the agreement and conduct requirements. Ask an independent legal adviser to review wording you do not understand. Do not treat a completed spreadsheet as a review of the contract.

Keep a decision record

  • Record the quote date and how long it is valid.
  • Save the version of the agreement you reviewed, together with written clarifications.
  • Note why the chosen scope fits your brief and which tasks remain yours.
  • Reconfirm the quote if your suburbs, budget, buyer entity or search scope changes.

If the scope remains unclear, a useful next message is: “Please confirm the complete fee including GST, whether the retainer is included, the work you will do and what remains payable if I do not buy.”

Common questions

Should I choose the cheapest quote?

Price matters after the services and conditions are comparable. An inexpensive quote for a narrower service may leave important work and costs with you.

Can I use this worksheet before speaking to Baxau?

Yes. It is freely available and useful with agents you find yourself. Baxau can also receive a buying brief if you want an introduction.

Sources and further reading

Put this into practice

Baxau Copilot

General information only — not property, legal or financial advice. Baxau Copilot is not a licensed real estate agent and does not act on your behalf.

Ask about a suburb, the buying process, or what to check before you make an offer.

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