Property Management

What does it cost to sell a house?

When selling a home, most people opt for the professional service offered by a real estate agent. Before you give the listing to an agent, you should be aware of how much you should expect to pay and what that fee covers.

Tuesday, July 01st 2003

COMMISSION RATES

Commission rates vary between companies, locations and marketplaces. With franchises, each business is independently owned and free to make its own business decisions. Vendors should be advised of the rate applicable to their property when listing.

It’s normally made up of a base fee, a higher rate for the initial portion of the sale price and a lower rate above the initial portion. For example, most agents commission starts with an administration fee of $500. They then charge between 3.85 percent and 4 percent on the first $250,000 to $500,000. The percentage reduces to around 2 percent on the balance...

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Heartland Bank - Online 6.69
SBS FirstHome Combo 6.74
Wairarapa Building Society 6.95
Unity 6.99
Co-operative Bank - First Home Special 7.04
ICBC 7.05
China Construction Bank 7.09
BNZ - Classic 7.24
ASB Bank 7.24
ANZ Special 7.24
TSB Special 7.24
Unity First Home Buyer special 6.45
Heartland Bank - Online 6.45
China Construction Bank 6.75
TSB Special 6.75
ICBC 6.75
ANZ Special 6.79
ASB Bank 6.79
AIA - Go Home Loans 6.79
Kiwibank Special 6.79
BNZ - Classic 6.79
Unity 6.79
Westpac Special 6.39
China Construction Bank 6.40
ICBC 6.49
SBS Bank Special 6.55
Kiwibank Special 6.55
BNZ - Classic 6.55
Co-operative Bank - Owner Occ 6.55
ASB Bank 6.55
AIA - Go Home Loans 6.55
TSB Special 6.59
Kainga Ora 6.99
SBS FirstHome Combo 6.19
AIA - Back My Build 6.19
ANZ Blueprint to Build 7.39
Credit Union Auckland 7.70
ICBC 7.85
Heartland Bank - Online 7.99
Pepper Money Essential 8.29
Co-operative Bank - Owner Occ 8.40
Co-operative Bank - Standard 8.40
First Credit Union Standard 8.50
Kiwibank 8.50

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