Real Estate Commission
Estimated agent commission on a NZ property sale.
NZ$
%
Applied to first portion
NZ$
%
NZ$
Total cost (incl GST)
$29,095.00
Walk-away from a $850,000.00 sale: $820,905.00
| Commission (excl GST) | $24,800.00 |
|---|---|
| Admin fee | $500.00 |
| GST | $3,795.00 |
| Total cost to vendor | $29,095.00 |
About this calculator
Commission is not regulated in NZ but a typical schedule is 3.95% on the first $400,000 then 2.0% on the balance, plus admin fee + GST.
- Always negotiate — lower percentages are common for higher-priced homes.
- GST is on top of commission; $500 admin fee is typical.
Frequently asked questions
Is commission negotiable?
Yes. Especially on properties over $1m, agents will often shave 0.5–1% off the headline rate.
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Calculator NZ provides general information only. For decisions with significant financial, medical or legal consequence please consult a qualified professional.