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

 

Half Empty: Fonterra's 2017 Opening Forecast Below Expectations

Fonterra Cooperative Group raised its forecast farmgate milk payout for next season by less than expected as the world's largest dairy exporter predicts lower prices will crimp production and supply will pick up. The New Zealand dollar fell. More>>

ALSO:

Pest Control: Mouse Blitz Team Leaves For Antipodes

The Million Dollar Mouse project to rid Antipodes Island of mice is underway with the departure of a rodent eradication team to the remote nature reserve and World Heritage Area. More>>

Gongs Got: Canon Media Awards & NZ Radio Awards Happen

Radio NZ: RNZ website The Wireless, which is co-funded by NZ On Air, was named best website, while Toby Manhire and Toby Morris won the best opinion general writing section for their weekly column on rnz.co.nz and Tess McClure won the best junior feature writer section. More>>

ALSO:

Pre-Budget: Debt Focus Risks Losing Opportunity To Stoke Economy

The Treasury is likely to upgrade its forecasts for economic growth in Budget 2016 next week but Finance Minister Bill English has already signalled that more of his focus is on debt repayment than on fiscal stimulus or tax cuts... More>>

ALSO:

Fulton Hogan's Heroes: Managing Director Nick Miller Resigns

Fulton Hogan managing director Nick Miller will leave the privately owned construction company after seven years in charge. The Dunedin-based company has kicked off a search for a replacement, and Miller will stay on at the helm until March next year, or until a successor has been appointed and a transition period completed. More>>

ALSO:

Gordon Campbell: On Electricity, Executions, And Bob Dylan

The Electricity Authority has unveiled the final version of its pricing plan for electricity transmission. This will change the way transmission prices (which comprise about 10% of the average power bill) are computed, and will add hundreds of dollars a year to power bills for many ordinary consumers. More>>

ALSO:

Half Empty: Fonterra NZ, Australia Milk Collection Drops In Season

Fonterra Cooperative Group says milk collection is down in New Zealand and Australia, its two largest markets, in the first 11 months of the season during a period of weak dairy prices. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news