Fitzmaurice Property Group is a team of estate agents that started out as property investors. They learnt their trade buying and selling their properties with other estate agents.

They are based in Sydney, Australia, and the idea for their business came when they experienced high commission rates on properties where the estate agents did nothing for them. Therefore, they decided to revolutionize the industry and form an estate agent where commission is based on performance of the agent.

Before they opened for business, there was a set rate for commission on selling properties and if they didn’t sell the property for asking price, then the agent would lose less money than the buyer. This did not seem fair when it is the agent’s fault that they were not able to sell the property at the higher price.

With Fitzmaurice Property Group, their customers know that they will work harder to get them more money because they will want more commission. If they don’t sell the property, it is guaranteed that they will get less commission.

Regular estate agents will have their commission rate set at a flat rate of 2.5% no matter what price the property sells for, so there is no incentive for them to work for a higher price.

The Fitzmaurice Property Group works a lot differently. They have a set commission at 1.3%, which is well under industry recommendations, but this is an added protection for the buyer so that they understand that their property will not be undersold.

The company then has to work to make more commission. They have their commission rate set at an increase of .1% for every $50,000 on the price of the property. Therefore, they will never lose less than the property owner if they really can’t sell the property for the asking price.

We had the opportunity to speak to a client that was selling their property with them, but they asked not to be named because the deal is still going through. They said that Fitzmaurice Property Group worked to get the price that they wanted. They were kept informed at all times and they felt that they were protected by the low commission rates.

A spokesperson from Fitzmaurice Property Group added, “We are very happy that our clients respect us for having low commission rates. We believe that we should put our money where our mouth is and make sure that we deserve every penny of commission that we get. We do not believe in underselling and that is why we will never have capped commission rates. Our clients are safe with us.”

The Fitzmaurice Property Group is one of the most respected estate agents companies in the world. They have been on the receiving end of high interest rates and they will never subject their clients to the treatment that they received when they were property developers. For more information, please contact.