Selling guide
A seller’s guide to understanding real estate agent fees
The whats, whens and hows of paying your agent.
AI summary
Understanding real estate agent fees is crucial for sellers in New Zealand. There are no standard rates, so the Real Estate Authority (REA) requires agents to provide a written cost estimate before you sign an agreement.
Costs typically include an admin fee, vendor paid advertising (VPA), and commission. Commission is usually a tiered percentage of the final sale price and is often negotiable. VPA is commonly paid upfront by the seller, while commission is typically paid when the sale goes unconditional.
How much do real estate agents charge in NZ?
You need to understand your payment obligations before signing the agency agreement.
How much commission do real estate agents take?
How does VPA work?
Understand what the agent expects you to pay in terms of vendor paid advertising.
When do you pay a real estate agent?
How much do real estate agents get paid?
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