The income of real estate companies has risen dramatically over recent times as a result of property prices in many cases increasing by over 100% from a few years ago.
We believe quite simply that the fees being charged are disproportionate to the services provided.
Real Estate commissions in NZ are far higher than in many other countries primarily because the companies are locked into an outdated and unsustainable business model. This business model involves the leasing of premises, in many cases very expensive retail premises, that are grossly under utilised and do little if anything in relation to the sales process. These premises have to be paid for somehow so the commissions stay high. On top of that the companies generally expect you to pay to advertise the property so they can earn their commission.
You pay, so the agent can sell, so you can pay the agent for selling what you have paid to advertise.!!
Dosen't quite sound right does it?
Webrealty has been set up to offer an affordable alternative, it will not be for everyone and some will still want to use the brands and pay the fees and the advertising costs.
Many will believe all of the stories told about how the brand has the ability to get more for the property and don't worry about the fees etc etc etc .
There is no evidence to suggest brand has anything to do with the price obtained for a property.
The reality is that some people feel better the more they pay and feel even better still when paying more to a brand and we acknowledge that and accept there is a place for brands for those people.
All real estate companies are vying for listings and they all have fantasic stories about why the seller should list with them. It is a very competitive business and competition leads to all sorts of embellishments and "good stories" by marketing divisions. Our story is simple.
2% WITH WEB BASED ADVERTISING WE PAY FOR
How many times have you heard the stories
"The market determines the price"
"The buyer on the day determines the price".
"The first offer is often the best."
"Don't let this buyer walk away"
"I don't want you to regret this"
"This may be the best offer you get"
"They are looking at another property"
As far as the market and the buyers determining the price, partly true, the others you can judge for yourself.
The agent is a facilitator between the seller and the buyer and the role of the agent is to get the best deal for the seller while treating the buyer fairly and acting for both parties in accordance with the law.
We have very deliberately not written all of the wishy washy promotional things about honesty, integrity, professionalism, trustworthiness blah blah blah. The reality is that if real estate agents don't have those things they are not doing their job and would probably be struck off. I don't know of anyone who has made the decision to employ a real estate agent to sell their property based on the real estate agents own assessmernt of their integrity etc etc detailed in a personal profile,
You need a company and an agent you have confidence in, that is charging reasonable fees and not using you to promote their brand at your expense.
There are lots to choose from, check us out you won't be disappointed.