Join our investing community

Discounted agents

Discussion in 'Real Estate' started by Jacque, 24th Apr, 2006.

  1. Jacque

    Jacque Team InvestEd

    Joined:
    16th Jun, 2005
    Posts:
    1,885
    Location:
    Sydney
    Change is in the air.
    With more companies emerging who charge fixed fees for selling, regardless of the property value, it seems that the RE industry is due for an overhaul. With companies like this launching such services www.gogecko.com.au it appears that the profession may be altered sooner rather than later.
    Comments anyone?
     
  2. Rolf Latham

    Rolf Latham Well-Known Member

    Joined:
    15th Aug, 2005
    Posts:
    45
    Location:
    Gold Coast and Sydney
    Hiya Jax

    Dunno feel so...............

    Fixed price has been around for a long time, as has discount 1 % or less. Its bar ONE method of marketing a service which will always appeal to a particular market segment.

    Im not a REA, but would suggest, that like with all things you dont get what you dont pay for.

    If buyers and sellers only focussed on price we would all be driving Daewoo Matiz.

    ta
    rolf
     
  3. Jacque

    Jacque Team InvestEd

    Joined:
    16th Jun, 2005
    Posts:
    1,885
    Location:
    Sydney
    I understand your point, Rolf. However, the old adage that "You get what you pay for" is not so black and white in the service industry. Products are different, and consumers are smart enough (in most cases) to SEE quality before they buy and make a decision.
    REA's can only attempt to sell the quality of their services before one signs up with them, however, and this is where the problems can begin. Sure, there are superior salesmen/women out there, but with all the hype generated by some agencies, it's sometimes difficult for consumers to know who to select for the job.