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

Understanding NZ real estate commissions is crucial for sellers. Expect a tiered percentage fee (e.g., 2.95%-3.95% on the first $500k) plus 15% GST.

These fees are fully negotiable; you can request a lower rate or have marketing costs credited back. Be aware of extra costs not covered by commission, including:

- Marketing

- Auctioneer fees

- Admin fees

When choosing an agent, focus on overall value, as a skilled agent can achieve a higher sale price.