Buying guide

Real estate commission NZ: what to expect + tips on negotiating

Selling property isn’t cheap!

Ben Tutty
Last updated: 29 October 2024 | 5 min read
AI

AI summary

Selling your home involves significant costs. In NZ, expect to pay agent commission of 2.95%-3.95% on the first ~$500,000 and 2%-2.5% on the rest, plus 15% GST.

These fees are 100% negotiable. You can request a lower rate or ask for marketing costs to be credited back after a successful sale. Be aware of extra costs like marketing (~$2,000+), auctioneer fees (~$900), and admin fees. Choose an agent based on their results, not just the lowest commission.

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

Author

Ben Tutty Ben Tutty
Content Writer