Realestate.com.au to offer NAB white label homeloans?

Discussion in 'Loans & Mortgage Brokers' started by D.T., 19th Dec, 2016.

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  1. D.T.

    D.T. Specialist Property Manager Business Member

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  2. Terry_w

    Terry_w Lawyer, Tax Adviser and Mortgage broker in Sydney Business Plus Member

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    Many of these whilte label products around already - Advantage is one. They should make a great deal from it.
     
  3. albanga

    albanga Well-Known Member

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    Horrible business decision driven by greed and packaged as giving the customers a better experience.

    If I see NAB plastered all over my browser I will 100% move to Domain.
     
  4. D.T.

    D.T. Specialist Property Manager Business Member

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    Depends which cities you're looking in. I know of agents in Adelaide and Melbourne who are dropping their domain subscriptions as they're not worthwhile.
     
  5. albanga

    albanga Well-Known Member

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    And giving REA exactly what they want, a monopoly on the Australian real estate advertising market. Save a dollar today to pay it back when you have no other option. Good old short sighness at its finest :)
     
  6. Peter_Tersteeg

    Peter_Tersteeg Well-Known Member Business Member

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    I'm not sure why brokers would really care. Most have access to Advantage in one form or another. This will simply become an another avenue for mass markets to get loans without the benefit of decent advice.
     
    Jess Peletier likes this.
  7. Jess Peletier

    Jess Peletier Mortgages, Finance & Property Strategy Aust Wide Business Member

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    And be stuck in a pretty average product to boot.
     
  8. Corey Batt

    Corey Batt Well-Known Member

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    Agents aren't liking the realestate.com.au monopoly actually - as it's given too much power to them. Their concern is that this will lead the power position to end with realestate.com.au being able to generate the actual leads and take a large share of commissions.