Tall Poppy Blog

Small on fees BIG on Service

Why are real estate sales fees so high?

12 December, 2017

What are “standard” real estate fees in New Zealand?

The average fee in New Zealand is 3.95% up to $350,000 plus 2% thereafter plus $500 plus GST.

Why have real estate fees risen in line with real estate prices?

It’s a good question which we’ve been asking ourselves for 6 years. Property prices have doubled in the last 10 years and your fees have risen proportionally even though you’re getting the same level of service, exposure and negotiating power. We don’t think that’s fair. Tall Poppy has charged the same fair flat fee for 6 years without compromising on service or ethical values.

How do we keep our fees low?

Tall Poppy works from one Central office on the Kapiti Coast. We use digital smarts to connect with our people who are wherever you want them to be. Instead of paying high commissions to support an office in every town, we pass the savings on to you. We’ve saved thousands of homeowners over $32million and counting, and we intend to keep challenging the way real estate is done for good as we rapidly grow our presence around New Zealand.

Is there an easy way to calculate your fees with Tall Poppy and how much you will save compared to listing with other Real Estate companies?

Yes there is! We’re created a fee calculator which you can access by clicking here.

Find out more about how we structure our fees compared to the competition below.