Discussion in 'Loans & Mortgage Brokers' started by D.T., 19th Dec, 2016.
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Any of the brokers here see it?
Many of these whilte label products around already - Advantage is one. They should make a great deal from it.
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.
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.
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
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.
And be stuck in a pretty average product to boot.
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.
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