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, as rates vary between agencies. 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 a tiered commission based on the final sale price. Remember that commission rates are often negotiable.
Commission is usually paid when the property sale goes unconditional. Always seek legal advice before signing any agreements.
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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