Buying guide

How much do real estate agents make in NZ?

Being a real estate agent can be a lucrative career, but not always.

Ben Tutty
Last updated: 24 January 2024 | 3 min read
AI

AI summary

Real estate agent earnings in NZ vary widely, with an average salary of $99,785. However, agents are paid by commission, not a fixed salary, meaning their income is entirely dependent on successful property sales.

The total commission is split between the agent (who typically receives 55-70%) and their agency. For example, Barfoot and Thompson uses a tiered structure starting at 3.95%.

Home sellers can and should try to negotiate commission rates or marketing costs before signing an agreement.

Average income of a real estate agent in NZ

How are real estate agents paid in NZ?

A real estate agent only gets paid if they sell properties.

How much do real estate agents earn per sale in NZ?

What other costs do home sellers incur and can I negotiate commission?

Author

Ben Tutty Ben Tutty
Content Writer