Property

Clicks that sell can save thousands - Mary Holm

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

Sunday, June 27th 2004

t 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.

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Heartland Bank - Online 6.69
SBS FirstHome Combo 6.74
Wairarapa Building Society 6.95
Unity 6.99
Co-operative Bank - First Home Special 7.04
ICBC 7.05
China Construction Bank 7.09
BNZ - Classic 7.24
ASB Bank 7.24
ANZ Special 7.24
TSB Special 7.24
Unity First Home Buyer special 6.45
Heartland Bank - Online 6.45
China Construction Bank 6.75
TSB Special 6.75
ICBC 6.75
ANZ Special 6.79
ASB Bank 6.79
AIA - Go Home Loans 6.79
Kiwibank Special 6.79
BNZ - Classic 6.79
Unity 6.79
Westpac Special 6.39
China Construction Bank 6.40
ICBC 6.49
SBS Bank Special 6.55
Kiwibank Special 6.55
BNZ - Classic 6.55
Co-operative Bank - Owner Occ 6.55
ASB Bank 6.55
AIA - Go Home Loans 6.55
TSB Special 6.59
Kainga Ora 6.99
SBS FirstHome Combo 6.19
AIA - Back My Build 6.19
ANZ Blueprint to Build 7.39
Credit Union Auckland 7.70
ICBC 7.85
Heartland Bank - Online 7.99
Pepper Money Essential 8.29
Co-operative Bank - Owner Occ 8.40
Co-operative Bank - Standard 8.40
First Credit Union Standard 8.50
Kiwibank 8.50

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