Buying guide
Real estate commission NZ: what to expect + tips on negotiating
Selling property isn’t cheap!
AI summary
Understanding NZ real estate commissions is key for sellers. Fees are typically a tiered percentage, like 2.95%-3.95% on the first $500,000, plus 15% GST.
Importantly, agent commissions are fully negotiable. You can ask for a lower rate or for marketing costs to be credited back. Be aware of extra costs not covered by the commission:
- Marketing (~$2,000+)
- Auctioneer fees (~$900)
- Admin fees
When choosing an agent, prioritise their ability to achieve a high sale price over the lowest fee.
How much are real estate fees in NZ?
Is real estate agent commission negotiable?
Examples of real estate commissions in NZ*
What does commission cover? And what’s not included?
Before you negotiate with buyers you should negotiate with your agent.
Is GST payable on agents commission?
How to find a good agent
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