NZ real estate agents charge big commissions, but what do they deliver?
New Zealand real estate agents charge up to three times as much commission as those in Australia, the UK and US – and now those in Auckland earn up to $10,000 more for the same, or less, work as a decade ago. Is our commission model broken? Morgan Tait asks if one of the country’s most contentious industries is about to be disrupted.
The median house price in Auckland has risen more than $500,000 since 2007, meaning agents in the city are earning more commission for the same – or less – work
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