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. Fees vary, but the Real Estate Authority (REA) requires agents to provide a written cost estimate before you sign an agreement.
Costs typically include:
- An administration fee
- Vendor paid advertising (VPA)
- Tiered commission based on the final sale price
Commission rates are often negotiable, so compare quotes from different agencies. Payment is usually due when the sale goes unconditional, but VPA may be an upfront cost.
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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