Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


Competitors' Panic Fee Cuts Will Not Affect Realestate.co.nz

Media Release

Panic Fee Cuts by Competitors Will Not Affect Realestate.Co.Zz

AUCKLAND, 1 August, 2014 - The dominance of the property listing website market achieved by Realestate.co.nz is not expected to be affected by any desperate fee cutting by its nearest competitor.

Realestate.co.nz now has 20 per cent more properties for sale than its nearest competitor, and has seen site visitors grow more than 50 per cent in the past year. Realestate.co.nz will continue to offer a low subscription price, which is around one quarter of the new rates being charged by Trade Me.

“We are committed to keeping down marketing costs for home vendors, and we will continue to maintain our low all you can eat monthly subscription price at just $300 +gst for large real estate agencies, and $225 +gst for smaller agencies,” says CEO Brendon Skipper.

Realestate.co.nz has now proven its significant strength as the official real estate industry website. We are visited by genuine buyers, and we are going continue to grow even stronger in the market over the coming months,” he says .

• We have the most homes – over 9,000 more homes for sale than anyone else (that’s over 19% more than our closest competition)

• Traffic to our site has gone up a massive 56% in the last 12 months, and we now see over 45,000 unique property hunters visiting Realestate.co.nz every day.

• We have New Zealand’s #1 Property App, with over 220,000 downloads

• We have a dedicated audience of property buyers, people spending three times as long on our pages than on those of our closest competitors.

With the continuing support from the real estate industry Realestate.co.nz is positioned well to continue developing and increasing both relevance and awareness to consumers and the real estate industry.

ENDS

About Realestate.co.nz

Realestate.co.nz is the official website of the New Zealand real estate industry, and provides the most comprehensive selection of licensed real estate listings across all categories of real estate. Realestate.co.nz lists more than 130,000 properties each year, representing more than 96 per cent of all listings currently marketed by real estate professionals.


© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Drones: First Certificate Issued Under New UAV Rules

Transport Minister Simon Bridges and Associate Transport Minister Craig Foss say the first certified flight of an unmanned helicopter under new aviation rules is a great example of how they can enable commercial use. More>>

ALSO:

GE Swedes And Cow Deaths: Plant Analysis Backs Up Earlier Advice

The industry body is recommending that farmers do not feed Herbicide Tolerant (HT) swedes to cows in spring when the animals are in late pregnancy or early lactation. DairyNZ is also advising caution if farmers are considering other leafy varieties. More>>

ALSO:

Statistics: Dairy And Travel Still Our Largest Export Earners

New Zealand earned $2.3 billion more from exports than we spent on imports during the year ended June 2015... total exports of goods and services were $67.5 billion, while total imports were $65.1 billion. More>>

ALSO:

Approval: Air New Zealand And Air China Launch New Alliance Route

Air New Zealand and Air China have today launched joint sales for a new daily direct service between Auckland and Beijing after receiving approval from New Zealand Minister of Transport Hon Simon Bridges to form a strategic alliance. More>>

ALSO:

Money Trading: FX Trader Jin Yuan Finance Warned Over Lack Of Monitoring

Jin Yuan Finance, an Auckland-based foreign exchange trader, has been warned over its lack of anti-money laundering processes in place in the first public notification by the Department of Internal Affairs. More>>

ALSO:

Auckland Surge, Possible Peak: House Values Accelerate At Fastest Annual Pace In 8 Years

New Zealand residential property values rose at their fastest annual pace in eight years in August, pushed higher by overflowing demand in Auckland, which is showing signs speculators think it has reached its peak, according to Quotable Value. More>>

ALSO:

Cash Money: Reserve Bank Launches New $5 And $10 Banknotes

The $5 and $10 final banknotes were revealed at an event at the Bank in Wellington, and will start to be released from mid-October 2015. More>>

ALSO:

Truck Sales Booted: Commerce Commission Files Charges Against Mobile Trader

The Commerce Commission has filed charges against a mobile trader, or truck shop operator, claiming he obtained money from customers by deception and never intended to supply them with the goods they paid for. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news