2577 days ago

Poll: Real Estate - Get more from less.

Ben Keehan from

Hi.

A discussion point that most, nearly all consumers are looking to achieve in most/all things they like, need, want, or buy is how to get more from less?

Would you agree that we want the most we can for the least amount of money spent?

We are living in a deflationary economy, one where the rise of technology has improved efficiency at a rate that beats inflation ultimately allowing every manufacturer to create more from less.

Many of you may have heard of the term "Disruption". This is what technology does to traditional business models, it drives efficiency, lowers costs, makes it easier for buyers to buy and consume products. The biggest disruptor's we have seen in NZ is Uber and Airbnb.

Some business embrace disruption to drive profits such as robotics in the fruit industry or AI in accounting, but disruption is yet to be mainstream in the real estate industry, well that's what the big brands want you to think in HB.

Real Estate in HB is one of the businesses that has thrived in the last 2 years. Disruption hasn't been able to make it yet because the big brands don't want to do more from less, like all other business in NZ have to. The rise in house prices also means rise in profit for large brands. Right now even with a shortage of properties on the market we see an increase in the number of people getting into real estate as sales people to help drive the profits of the big brands.

So how will disruption start in real estate?

Well its already started, there are smaller brands like ours giving better one on one service with lower overhead structures that are licensed to do the same work as the bigger brands, using the same technology and mostly for a smaller cost - achieving you more from less.

Remember buyers are using technology to look for property, they are well informed with similar public information available to them. Don't be blinded by the flashy print magazine that is out of date as soon as it is published. Its all happening in real time , online, now.

Tech is driving how you sell and I believe we should be helping you and charging you less as you are probably doing alot more for alot less.

So in-conclusion for tonight. Technology is driving prices down - I have adapted my business to offer the same service for less being one of the first to disrupt real estate in HB. Not every person can sell their own home and people will still want people to do this. AI is not quite ready to sell it for you, but it is just around the corner.

Are you ready to support change in a wealthy industry slowing change?

If you want to chat about our services or any tech we use call me anytime on 06 845 9202

Real Estate - Get more from less.
  • 0% Is 3.95% Plus GST a fair fee?
    0% Complete
  • 0% Is 3.50% plus gst a fair fee?
    0% Complete
  • 14.3% Is 2.95% plus gst a fair fee?
    14.3% Complete
  • 85.7% Is 2.85% on the first $350,000 then 2% on the balance a fair fee with free marke
    85.7% Complete
7 votes
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