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 real estate fees. In NZ, expect a tiered commission of 2.95%-3.95% on the first ~$500k and a lower rate on the remainder, plus GST.

Crucially, these fees are 100% negotiable. You can ask for a lower rate or have marketing costs credited back upon sale. Be aware of extra charges for marketing, auctioneers, and admin. When choosing an agent, focus on their ability to achieve a high sale price, not just their commission rate.

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