True Cost of Selling
Frequently asked questions
How much does it cost to sell a house in NZ?
The main costs are agent commission (typically 2–3.5% of the sale price plus GST), legal fees ($1,200–$2,000), marketing ($2,000–$8,000) and any staging costs. On an $800,000 sale at 2.95% commission, agent fees alone come to approximately $23,600. Total selling costs before mortgage payout commonly range from $25,000 to $45,000.
What is a typical real estate agent commission in NZ?
NZ real estate agent commission typically ranges from 2% to 3.5% of the sale price, plus GST. Some agencies use a tiered structure. Commission is negotiable — compare quotes from multiple agents before signing a listing agreement.
Do I need to pay tax when selling my house in NZ?
Most NZ homeowners selling their primary residence pay no tax on the gain. However, if you sell within the bright-line period or if the property was acquired with an intention to resell, you may owe income tax on the profit. Consult a tax adviser if you are unsure.
What legal fees do sellers pay in NZ?
Sellers pay a solicitor to handle the sale contract, discharge the mortgage and manage settlement. Legal fees for sellers in NZ generally range from $1,200 to $2,000 depending on complexity, firm and region.