Quotation format for real estate agents
A brokerage quotation fixes the commission rate and when it becomes payable, which prevents most disputes after a sale. Here is a free quotation format built for real estate agents and brokers. Download it in Excel, Word or PDF, or copy the sample below.
Sample quotation format for real estate agents
Quotation
| Description | Qty | Rate | Amount |
|---|---|---|---|
| Sale brokerage, 1% of deal value | 1 | as agreed | – |
| Rental brokerage, one month rent | 1 | as agreed | – |
| Documentation and registration support | 1 | ₹5,000 | ₹5,000 |
- Subtotal
- ₹5,000
- CGST 9% + SGST 9% (same state)
- ₹450 + ₹450
- Total
- ₹5,900
Sample figures only. 18% GST is shown as a typical rate for services; use the rate that applies to you. For another state, charge IGST instead of CGST and SGST.
The Excel file has working formulas, so you can change the quantities and rates and the totals update.
What to put on a quotation format for real estate agents
Along with the usual header, numbering, dates and totals, real estate agents should add:
- Property address and unit
- Deal value
- Commission rate and basis
- Agreement or booking date
Tips for real estate agents
- Say whether commission is paid by the buyer, the seller or both.
- State when it becomes payable, such as on agreement signing.
- Add an exclusivity clause if you are the sole agent.
Stop retyping this every time
FINTY keeps your clients and items, numbers every quotation, adds CGST, SGST or IGST for you and sends the PDF on WhatsApp. Free plan available, with a 30-day trial of everything.
Start freeAlso: GST calculator · HSN and SAC finder
Questions
What commission rate should a quotation state?
Rates vary by city and deal type. State the rate you have agreed and what it is calculated on, such as sale price or one month's rent.
Is a quotation different from a proforma or tax invoice?
Yes. A quotation is an offer with a price and is not a demand for payment. A tax invoice is issued when you supply the goods or services and is the document used for GST.
Can I create this in FINTY?
Yes. FINTY numbers your documents, adds the right CGST, SGST or IGST, keeps your client list and sends the PDF on WhatsApp. There is a free plan and a 30-day trial.