Home » New Zealand » New Zealand – Finding Property to Buy

New Zealand – Finding Property to Buy

Popular Estate Agencies

  • Harcourts: Founded in 1888, Harcourts is one of the largest and most well-known estate agents in New Zealand. They offer a wide range of services including residential and commercial sales and rentals, property management, and valuations.
  • Barfoot & Thompson: This agency has been operating in New Zealand since the 1920s and is the largest privately-owned real estate company in the country. They specialize in residential and commercial sales and rentals, as well as property management.
  • Ray White: With offices all over New Zealand, Ray White is a well-established agency that offers a wide range of services including residential and commercial sales and rentals, property management, and valuations.
  • Bayleys Real Estate: Founded in 1976, Bayleys is a leading agency that offers a variety of services including residential and commercial sales, property management, and valuations.

Qualifications and Licenses for Estate Agents in New Zealand

  • In New Zealand, estate agents are required to hold a Real Estate Agent’s License, which is issued by the Real Estate Authority (REA).
  • To obtain a license, agents must complete a Real Estate Agent’s Licensing Course, pass a licensing examination, and meet other requirements set by the REA.
  • Additionally, agents must be a member of a licensed Real Estate Agent, and abide by the Real Estate Agents Act 2008 and the REA’s Code of Conduct.

Breakdown of Estate Agent Fees in New Zealand

  • Estate agent fees in New Zealand are typically charged as a commission on the sale of a property.
  • The commission rate varies, but is usually around 2-3% of the sale price.
  • In addition to the commission, agents may also charge additional fees for advertising, marketing, and other services.
  • Some agencies will also charge a tenant finder fee for managing rental properties.

Other Resources for Finding Property in New Zealand

  • Online property websites such as Trade Me Property, Realestate.co.nz, and Open2view.
  • Local newspapers and magazines such as The New Zealand Herald, The Dominion Post, and Your Home and Living.
  • Expat websites such as Expat Arrivals and Expat Focus.
  • Word of mouth from friends, family and colleagues.

Buyer’s Agent in New Zealand

  • The Use of a Buyer’s Agent is not common in New Zealand.
  • No specific qualifications or license required for a Buyer’s Agent in New Zealand.
  • Buyer’s Agent fees can vary, but it is usually a percentage of the purchase price, or a flat fee.

Organizations for Foreign Property Buyers in New Zealand

Get Our Best Articles Every Month!

Get our free moving abroad email course AND our top stories in your inbox every month

Unsubscribe any time. We respect your privacy - read our privacy policy.

  • New Zealand Property Investor Network (NZPIN): A network of property investors that provides information and support for people interested in buying property in New Zealand. Website: https://www.nzpin.co.nz/
  • New Zealand Property Investors Federation (NZPIF): A federation of property investor groups that provides education and advocacy for property investors in New Zealand. Website: https://www.nzpif.org.nz/
  • New Zealand Immigration Advisers Authority (IAA): The IAA is a government agency responsible for regulating immigration advisers, including those who assist with purchasing property in New Zealand. Website: https://www.iaa.govt.nz/

Latest Videos

This error message is only visible to WordPress admins

Important: No API Key Entered.

Many features are not available without adding an API Key. Please go to the YouTube Feed settings page to add an API key after following these instructions.