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 a real estate commission of 2.95%-3.95% on the first ~$500k of the sale price and 2%-2.5% on the rest, plus 15% GST.

These fees are fully negotiable. You can ask for a lower rate or request that marketing costs are credited back on sale. Be aware of extra charges for marketing (approx. $2,000+), auctioneer services (~$900), and admin fees, which are not included in the 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