What is different about real estate in New Zealand
Trade Me Property is the dominant portal buyers and tenants use to first make contact in New Zealand, so enquiries typically carry a listing ID rather than arriving cold, and every licensee handling the deal must hold a current licence from the Real Estate Authority (REA), which a CRM should track alongside listing status. Property management enquiries additionally sit under the Residential Tenancies Act, so a rental lead needs different fields — bond amount, tenancy start date — from a sale lead.
GST at 15% applies to new-build sales and needs a valid GST number on the tax invoice, while resale of existing homes is typically GST-exempt, so a pipeline should distinguish the two rather than apply one invoice template to every deal. Investor decisions are also shaped by the bright-line test on capital gains and by the 31 March tax year-end, and marketing contact must respect both the Privacy Act 2020 and the Unsolicited Electronic Messages Act 2007 for any email or text follow-up.
Set up your CRM for New Zealand real estate teams
- Record each licensee's REA licence number and renewal status against every active listing.
- Separate sale-lead fields from rental fields (bond, tenancy start date) under the Residential Tenancies Act.
- Flag new-build deals for 15% GST invoicing versus GST-exempt existing-home resales in the pipeline.
