Agent wanst $500 to list my property on website

Hi

I am thinking of selling my property and the agent indicated $500 to list my property on website. I thought they pay a monthly subscription fee so it should be free for me.

Am I right?

 

Realestate.com.au charges a monthly subscription plus per listing. So they're on charging their listing component.

 

They may pay a monthly subscription. They're entitled to pass that onto their clients however. Most real estate agents charge something for marketing.

 

The agent is correct, in addition to the monthly subscription there are fees - usually $500 that re.com.au charge per property to list it, then charge it again to keep the listing on page 1.

Charges can be upwards of $2000 to keep properties on page 1 with boarders around them etc so they can stand out.

The fees for subscription are always increasing and the benefits recieved for the fees are going down.

We used to get 5 feature listings for free then we got a call saying prices will go up and you get nothing for free ....

No other business can get away with that.
BUT - 90 % of our lead generation comes from that website so the benefits still outweigh the fees!

 

Thanks for all your comments

 

Worth noting that each suburb has a different charge too. And rental listings are less than sales listings. The actual numbers depend on what level subscription they're on.

The joys of monopoly? We should start using another and see if they bring their fees down to compete!

 

Try duopoly. You can always use the newspapers. Oh! That's right, they own them too!.