Selling guide

A seller’s guide to understanding real estate agent fees

The whats, whens and hows of paying your agent.

AI

AI summary

When selling your home, understand that agent fees vary. Costs typically include an administration fee, vendor paid advertising (VPA), and a tiered commission based on the final sale price. The Real Estate Authority requires agents to provide a written cost estimate before you sign an agreement.

Remember that commission rates are often negotiable, so it pays to compare agencies. VPA is usually paid upfront by the seller, while the commission is typically 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?