March 2024 - Real estate agencies all have different standards of management, recruitment, training and supervision - things that are not usually part of a property seller's research. 

Add to this the sheer volume of agency options, people often tell us they're 'flying blind' when making such an important decision about which agency should sell their biggest asset.

AGENCY RECRUITMENT AND COMPLIANCE MATTERS

Industry supervision and compliance obligations, the real estate agents code of conduct and licensing under the Real Estate Agents Act 2008 are all in place to protect buyers and sellers - you only get one chance to get it right first time to avoid having to change agencies which is not uncommon.

Real estate agency recruitment expectations of salespeople vary, as do the levels of competency and expertise on their teams. Some agencies opt for a higher volume of agents over fewer and vice versa.

These important matters ultimately fall on the company owners and the standards they instill across their teams. These are things that people generally will not know about when preparing to select a real estate agents.

Not all agencies or agents are suited to the different property types and not all real estate agents are accurate with their market appraisal values which can be misleading for the purposes of securing a listing. 

It literally pays to be more earnest about choosing a real estate agent and their commission fees.

Learn about real estate commission and fees or call 0800 789 532 for advice.

13 YEAR OVERVIEW ILLUMINATING

With 14 years of communications with thousands of Kiwi buyers and sellers, combined with our research, we know that higher standards of real estate service are dependent on a real estate company's management, in-house training and systematic supervision over and above the statute requirements.

Non-disclosure is still the cause of frequent complaints reported to the Real Estate Authority, but in many cases go unreported. This comes down to the agency's supervision systems and individual real estate agent integrity and/or experience. 

Looking for a real estate agent with proven integrity? Use a vetted real estate agent - a genuine free service in NZ.

MATCHING VENDORS TO REAL ESTATE AGENCIES VITAL

You may be selling a farm, a lifestyle block, or an apartment/unit. Your property may be in Auckland and zoned for development or you want to exit property investment and sell your rental portfolio.

AGENCY VETTING CRITERIA SECOND TO NONE & A FREE SERVICE

Although a real estate agency may have its own rules, ultimately you will be relying on the real estate agent conducting the sale on your behalf.

Objectively choosing a real estate agency and agent is something we can help you with as our vetting criteria is second to none nationwide and it's a genuine free service for New Zealanders.

It’s our business to help you find the best real estate company and agent and we do that by using comprehensive criteria to narrow down a shortlist tailor-made to your property, location and value.

Make sure you get this all-important decision right from the start to avoid having to change agencies down the track.

Request a list of vetted agents to compare now - a free service New Zealand wide.

Agent Finder NZ Awards:

• Best Independent Real Estate Advisors 2022 | BUILD 2022 Real Estate & Property Awards
• Best Property Advice Hub New Zealand 2021 | APAC
• Most Reputable Property Advice Hub New Zealand for Wise Up NZ 2020 | APAC
• Best Real Estate Agent Vetting Service 2018 | APAC

Article updated 22 March 2024 by Trish Willis | Member of Property Institute of NZ (IPAC) - awarded Independent Property Advisor of the Year 2023.