Selling guide

A seller’s guide to understanding real estate agent fees

The whats, whens and hows of paying your agent.

AI

AI summary

Understanding real estate agent fees is crucial when selling your home. In NZ, costs vary by agency, and agents must provide a written estimate before you sign an agreement, as required by the Real Estate Authority.

Fees typically include a ~$500 administration fee, vendor paid advertising (VPA), and a commission. Commission is usually tiered based on the final sale price and is often negotiable. While VPA may be due upfront, the agent's commission is generally paid once 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?