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

Selling your home involves significant costs. In NZ, expect to pay a tiered percentage commission of around 2.95%-3.95% on the first $500,000 and a lower rate on the balance, plus 15% GST.

These fees are fully negotiable, and you can ask for a lower rate or have marketing costs credited back. Be aware of extra charges not covered by commission:

- Marketing (~$2,000+)

- Auctioneer fees (~$900)

- Admin fees (~$400-$600)

Don't choose an agent on price alone, as a skilled agent can achieve a higher sale price.