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 when selling. In NZ, there are no standard rates, so the Real Estate Authority (REA) requires a written cost estimate before you sign an agreement.
Costs typically include a tiered commission based on the sale price, an admin fee, and vendor paid advertising (VPA). Commission rates are often negotiable, so it pays to compare agencies. The agent's commission is usually paid once the property 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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