Selling guide

A seller’s guide to understanding real estate agent fees

The whats, whens and hows of paying your agent.

AI

AI summary

Understanding real estate agent fees is crucial when selling your home. In New Zealand, there are no standard charges; costs vary by agency and must be provided in writing before you sign an agreement.

Fees typically include:

- A fixed administration fee

- Vendor paid advertising (VPA), often paid upfront

- A tiered commission based on the final sale price

Commission rates are often negotiable, so it pays to compare quotes. Payment is usually due once the sale goes unconditional.

How much do real estate agents charge in NZ?

You need to understand your payment obligations before signing the agency agreement.

How much commission do real estate agents take?

How does VPA work?

Understand what the agent expects you to pay in terms of vendor paid advertising.

When do you pay a real estate agent?

How much do real estate agents get paid?