Real Estate Agent Fees
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Category: General Chat
Forum Name: General Chat
Forum Description: For mums, dads, parents-to-be, grandparents, friends -- you name it! And you name the topic you want to chat about!
URL: https://www.ohbaby.co.nz/forum/forum_posts.asp?TID=19418
Printed Date: 06 October 2025 at 8:23am
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Topic: Real Estate Agent Fees
Posted By: Mummy2three
Subject: Real Estate Agent Fees
Date Posted: 23 July 2008 at 4:23pm
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Hi Everyone
I'm trying to do a few calculations and I was wondering if anyone on here knows how much real estate agents charge to sell your home? How much percent of the sale? I know it probably varies but I just wondered if anyone could share what they know that would be great. Thanks  
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Replies:
Posted By: Kazzle
Date Posted: 23 July 2008 at 4:37pm
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ours charged 3.5% ------------- http://lilypie.com"> 
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Posted By: LeahandJoel
Date Posted: 23 July 2008 at 4:54pm
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Ours was 3.95% plus a $500 base fee they send to the real estate institute. This was only last month and was LJ Hooker. -------------  
 
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Posted By: rachndean
Date Posted: 23 July 2008 at 4:56pm
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The ones that I have come across seem to charge 4% for the first $200K, then either 3% or 2% on the balance (depending on the firm)
But they all seem to differ. I think it should be something they should have to advertise on their websites!?! Aparantly alot of them are quite negotiable at the moment with the current market???? Worth a try!! 
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Posted By: caliandjack
Date Posted: 23 July 2008 at 5:55pm
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Then you have the likes of RedEx who charge $7995 total for selling your property.
Average is 3.5-4% and you shouldn't pay more than 5% that's a rip off. ------------- http://lilypie.com" rel="nofollow">   [/url] Angel June 2012 |
Posted By: Spirals
Date Posted: 23 July 2008 at 7:16pm
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I used to work in admin for a real estate company and they used to charge 4% on the first $500k, and 2.5% on anything after that, plus a set $500 admin fee. Then of course there's GST on the whole lot.
However, we've recently listed our home with a friend who works as an agent for a different co and she charged me 3%, no admin fee. They are all negotiable, especially in todays market when they are all fighting so hard for the scarce amount of listings that are coming on. |
Posted By: Mummy2three
Date Posted: 23 July 2008 at 9:06pm
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Thanks for the info and advice ladies!
Here I was thinking it may be something like 7% or over 
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Posted By: Kazzle
Date Posted: 24 July 2008 at 8:27am
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we were with remax, and we paid 3.5% no other fees, but we did pay for advertising which all up cost about $2000
------------- http://lilypie.com">
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Posted By: CuriousG
Date Posted: 24 July 2008 at 8:44am
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MIL paid a total of 2.5% through Harcourts. That was amazing I thought. ------------- http://lilypie.com"> 
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