Clicks that sell can save thousands - Mary Holm
Sunday 27 June 2004
Q. In recent weeks there has been much said about excessive charges by real estate agents. I would encourage your readers to take a look at the internet.
Much of the "dotcom" hysteria a few years ago was triggered by the potential for eliminating the middleman and allowing the vendors and buyers to transact directly.
As we know, this didn't materialise to the exten
By The Landlordt that many investors in dotcom shares had hoped. However, I believe the internet still has enormous potential for direct real estate transactions with no agents involved.
We have sold a property via the internet. A single free ad was placed on www.trade-exchange.co.nz. It was the easiest $15,000 we have made (or is it saved?)
This was after we had unsuccessfully listed with an agency that had tried to convince us to bring down our selling price and charged hundreds of extra dollars for newspaper adverts and for giving our property a "prominent" position in their window. (I don't know how the agencies rationalise charging their customers for these extras. Surely it should be part of their cost of sale!)
Of course our experience is the exception rather than the rule. However, I think people should try giving the internet a go.
Read More - Opens in a new window
Commenting is closed
Periods of house price decline are rare and "short-lived", says economist Tony Alexander, amid forecasts of a drop of 10%-15% this year.
The Reserve Bank says the commercial property sector is vulnerable to the Covid-19 crisis. But PMG Funds' chief executive believes that while there’ll be short-term pain, the biggest long-term impact will be structural change.
Mortgage lending fell to its lowest level on record last month as the property market ground to a halt during the Covid-19 lockdown.