• Login:
Welcome, Register Here
follow PropertyTalk on facebook follow PropertyTalk on twitter Newsletter follow PropertyTalk on LinkedIn follow PropertyTalk on facebook
Results 1 to 5 of 5
  1. #1

    Default Agent fee when someone approached us to buy

    Bit of a weird question - an agent approached us wanting to buy our property, now I am assuming the buyer will be paying the agent fee in this case, i.e. whatever price we agreed on, is what we’ll get, and the buyer will pay the agent fee on top?

    A related question is if we engaged our own agent to negotiate with their agent, does our agent take a cut of the commission that the buyer pays, or (more likely) would we pay our agent a commission? Unsure if we get an agent involved can they negotiate a better price and hence we are no worse off, but without the hassle of negotiating with the buyer’s agent who has been rather annoying to deal with so far.


  2. #2
    Join Date
    May 2008


    Ask the agent to present you with the written offer - and any other written documents required - perhaps a listing agreement will be included.
    The offer/documents will spell out clearly the offer amount and indicate what fees are payable if any.
    From that you will see the answers to your questions.
    Seek legal advice about the offer.

  3. #3


    Yep definitely getting a lawyer involved if we do sell - this is probably the easy part, not looking forward to negotiating though... that's why we are thinking whether it's worth engaging our own agent to do the negotiation, but unsure if they'll likely to get a higher price for us in this case, and how the fee works in this case - I'd imagine our own agent would want us to pay them a fee rather than the buyer paying that?

  4. #4


    make it clear that you are not paying the agents commision as this wasnt agreed prior to approach) unless added to the price (so establish this before the offer is presented.)

  5. #5


    only one party can be paid, just ask them that up front. While there are some buyers agents the majority will be paid by the seller.
    Free online Property Investment Course from iFindProperty, a residential investment property agency.


Thread Information

Users Browsing this Thread

There are currently 1 users browsing this thread. (0 members and 1 guests)

Similar Threads

  1. Does the agent get the commission?
    By Micholas in forum Property Investment (NZ)
    Replies: 11
    Last Post: 24-03-2018, 12:10 PM
  2. Using a Buyers Agent
    By jareth123 in forum Property Investment (NZ)
    Replies: 7
    Last Post: 10-03-2016, 05:24 PM
  3. I have been approached to sell US properties to Kiwis
    By spragg101 in forum Property Investment (NZ)
    Replies: 62
    Last Post: 20-04-2013, 08:59 PM
  4. Bad letting agent - would you want to know?
    By waterbaby in forum Tenant Stuff (NZ)
    Replies: 12
    Last Post: 02-10-2012, 01:21 PM
  5. Go via the listing agent or an agent who has found me previous properties?
    By alliantGTR34 in forum Property Investment (NZ)
    Replies: 5
    Last Post: 05-10-2009, 10:25 PM
  6. Is this bad luck or can I sue the agent
    By AndrewC in forum Property Investment (NZ)
    Replies: 40
    Last Post: 13-06-2009, 12:42 PM
  7. When to go with an agent
    By sdt2 in forum Property Investment (NZ)
    Replies: 18
    Last Post: 16-02-2007, 10:53 PM
  8. Agent Rant
    By Volatile in forum Property Investment (NZ)
    Replies: 7
    Last Post: 11-01-2007, 09:49 AM
  9. Agent onsite or not
    By Taurean in forum Property Investment (NZ)
    Replies: 4
    Last Post: 07-12-2006, 09:16 AM
  10. To be or not to be - a RE Agent
    By Ameera in forum Property Investment (NZ)
    Replies: 5
    Last Post: 27-03-2006, 02:27 PM

Tags for this Thread

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts