DMSW
Defects and maintenance, made easy. Residents report problems from their phone, contractors fix them with photo proof, and owners see every job from report to sign-off.
Manage defects and maintenance with DMSW →A NEW WAY TO SELL, BUILT FOR NEW ZEALAND HOMEOWNERS
You know this house better than anyone. Sell it yourself.
Praedium gives you the tools, the service providers, and the negotiation platform to sell your house — for a small flat fee, instead of a big commission.
It takes a typical New Zealand homeowner about 2.7 years of mortgage principal repayments to pay off what an agent charges to sell an average home — a sale that takes around seven weeks.*
Praedium is here to fix that effort-reward ratio.
$2,000 + GST per house in total: $1,500 + GST to set up (verified through Stripe ID), and $500 + GST when your sale goes conditional. Listing fees (Trade Me, Listed.co.nz) and any photography or staging you choose are paid separately, direct to those providers.
Sell your home. With AI. With Praedium, you keep the commission.
Keep the commission
Pay a flat fee instead of a percentage of your sale price.
Stay in control
Every offer, every counter, every decision happens in your portal.
Real people when you need them
Photographers, stagers, signage and lawyers nearby — or a Praedium expert on call.
The real cost of selling
Take an average-value New Zealand home and compare a typical agency commission with Praedium's flat fees.
Average NZ home value
$894,977
QV house price index, August 2026
Typical agency commission
$22,400–$35,800
2.5%–4% of the sale price, plus GST. Varies by agency and is negotiable.
Praedium total fees
$2,000 + GST
$1,500 + GST to set up your house, then $500 + GST when your sale goes conditional. Never more.
Listing fees (Trade Me, Listed.co.nz), photography, staging and legal advice sit outside both figures — you'd pay those either way. If the sale is taken off Praedium after offers have come in, the second $500 + GST is due then instead — it's one payment either way, so the total is never more than $2,000 + GST per house. Commission rates vary by agency and region; figures are indicative, not a quote. Sources: house prices, commission rates.
Work out your own figure
Put in your own price and the agent's rate. Commission is shown the way agents quote it, with GST on top.
$
%
$
Agent's commission
$26,850 + GST ($4,028)
$30,878
including GST
Praedium, flat fee per house
$2,000 + GST ($300)
$2,300
including GST
You could keep
$28,578
the difference, including GST
An estimate, not a quote. Agencies set their own rates: some charge a higher rate on the first part of the price, and most charge marketing on top. Listing fees, photography and legal fees aren't included in either figure; you'd pay those either way. Ask each agency for its rate in writing. Open the calculator on its own page.
PRAEDIUM COPILOT
Your buffer in the negotiation
Selling your own home is personal. Praedium Copilot sits between you and the emotion of it: every offer arrives in your portal, on the record, and Copilot helps you weigh it up — what the number means, how it compares, and what to counter — so you respond with a clear head instead of in the heat of the moment.
You stay in charge. Copilot advises you; it never contacts a buyer or makes a decision for you.
See how Praedium works
A quick tour of selling your home with Praedium, start to finish.
How a sale runs on Praedium
- 1
Verify & set up
Quick Stripe ID check, accept the terms and pay the setup fee. Your portal unlocks straight away.
- 2
Prepare your listing
Add your property details, photos and valuation, then work through the checklist — Trade Me, Listed.co.nz and getting the house ready.
- 3
Host your open homes
Visitors sign in on your phone or tablet. Email them a follow-up and call them with our call guide.
- 4
Negotiate with Copilot
Offers arrive in your portal. Counter, accept or decline, with AI suggestions to help you decide.
- 5
Sign & settle
Both sides download, sign and upload the agreement after independent legal advice. Praedium's second payment is due when the sale goes conditional.
Recently listed on Praedium
See all homes for sale →For service providers
Become a Praedium service provider
Praedium has a database of preferred service providers — from photographers and home stagers to sign makers, valuers, builders, lawyers and conveyancers — to help make selling a home easier. If you offer one of these services, we'd love to hear from you.
New to selling privately?
Free, plain-English guides to every part of selling your own home in New Zealand.
How to sell your house privately in New Zealand
The whole sale from start to finish, in eight steps.
Real estate agent commission in NZ: what does it cost to sell?
How commission is worked out, in dollars, and what you can negotiate.
What does it cost to sell a house in New Zealand?
Every fee you'll meet, and which ones a private sale avoids.
Frequently asked questions
What is Praedium?+
Praedium is a step-by-step platform for selling your own home in New Zealand. It gives you the checklist, the tools, a directory of local providers, and an offers portal with an AI negotiation coach — for a flat fee instead of a percentage commission.
How much does it cost?+
$2,000 + GST per house in total, paid in two parts: $1,500 + GST when you list the house, and a second $500 + GST when your sale goes conditional. The second payment is only ever charged once — if the sale is taken off Praedium after offers come in (for example you close the listing), it's due then instead. You never pay more than $2,000 + GST per house. Listing fees on Trade Me and OneRoof, and any photographer, stager, valuer or lawyer you choose, are paid directly to those providers — never through Praedium.
Do I still need a lawyer?+
Yes. The Sale & Purchase Agreement is a legal document, and both the buyer and seller should get independent legal advice before signing. Praedium's documents are summaries to help the process along — they aren't a substitute for a lawyer-drafted agreement. You can find local lawyers and conveyancers in our provider directory.
How does the deposit work?+
When an offer is accepted, the buyer pays their deposit into a lawyer's trust account, where it's held until it's released under NZ trust account rules. Praedium never holds or handles deposit money itself.
Do I need to get the house valued?+
It's not compulsory, but we suggest it. A registered valuation is a good indication of what your house is worth, and buyers who need a mortgage will often need one anyway. Alternatively, ask one to three real estate agents for a free appraisal. You can upload the report to your listing so prospective buyers can download it.
Where will my house be advertised?+
Your checklist walks you through listing on Trade Me and OneRoof, and connects you with local photographers and stagers. Those sites charge their own listing fees, paid directly to them.
How does the AI negotiation coach work?+
When an offer comes in, you can ask the coach for a suggested counter and short reasoning. It only ever advises you — it never contacts a buyer or sends anything on your behalf. It doesn't have live comparable-sales data, so treat its suggestions as a sanity check, not a valuation.
How do open homes work?+
Set up your open-home sign-in page and leave a tablet or phone at the door. Visitors add their name, phone and email, and each one automatically receives a follow-up email with a link to make an offer if they're interested.
What happens to my information after the sale?+
Your listing, visitor and offer details, and the documents and photos you uploaded, are automatically deleted 6 months after the sale is settled or the listing is closed. A sale is treated as settled 3 months after it's confirmed. Listings with no activity for 12 months are also removed. Payment records are kept for tax purposes. Praedium staff can only see your name, contact details, property profile and status — they can only see offers and negotiation history if you choose to give them time-limited access.
Can the buyer and I negotiate directly, outside the platform?+
You can, but any agreed terms still need to be recorded as a formal offer in your Offers portal so the signed paperwork and history are kept in one place.
Interested, but not sure yet?
Ask us anything: how it works, what it costs, whether it suits your house. A real person at Praedium will get back to you, with no obligation.
Or write to admin@praedium.co.nz
More from the team behind Praedium
Mates Rates
Getting the house ready to sell? Hire the tools from a neighbour: search, book and pay securely online, then pick them up from the owner.
Hire tools from your neighbours with Mates Rates →Ready to run your own sale?
Set up takes about fifteen minutes. Your first step is a quick ID check — you'll get a confirmation email the moment your account's ready.
* Average home value $894,977 (QV, August 2026); 80% mortgage of $715,982 over 30 years at 5.5% (about $4,065 a month); agent commission of 3.0% is roughly $26,800 before GST. Repaying that much principal takes about 2.7 years. Commission is typically quoted between 2.5% and 4% plus GST, so your figure will vary. Median time to sell was 51 days, about seven weeks (REINZ, August 2026). An illustration, not financial advice.
Sources: house prices, commission rates, days to sell, mortgage rates.