Purplebricks has launched in Australia offering fixed commission fees to real estate agents, saving home sellers an average of $11,500 in broker’s fees.
Purplebricks, a full-service real estate model, aims to offer Australian homeowners a more affordable way to sell their homes with a flat fee structure of $4,500, including professional photography, marketing, and advertising on several online platforms.
“Australia was a natural next step for us,” said Purplebricks CEO and co-founder Michael Bruce.
“With such an obsession for property here and the traditional real estate model being the only way to sell a home, the time is right to offer sellers a fairer, more transparent, and cost-effective way and replace unfair high-cost commissions.”
Operating with a competitive flat fee, Bruce said they aim to “shake things up and will change the real estate landscape”.
A small top-up fee of $825 is charged for homes taken to auction.
First launched in Melbourne, Brisbane, Gold Coast, and the Sunshine Coast, Purplebricks is also expected to commence operations in Sydney, Perth
, and Adelaide
With interest rates at their lowest for more than 50 years, there are some great rates available. The best thing to do is to compare rates from all the lenders. Let us help take the leg work out of doing this - Compare Home Loans now
Top Suburbs :
east victoria park
Get help with your investment property
Do you need help finding the right loan for your investment?
When investing in property, it is important to make sure that you not only have the lowest available rate that you can get, but also have the correct loan features for your needs.
Just fill in a few details below and we'll then arrange for a local Aussie Mortgage Broker to contact you and work out what features or types of loans are right for your needs. We'll even help with the paperwork. Plus and appointment is free.
We value your privacy and treat all your information seriously - you can check out