answered
Q: I’m thinking of selling in the new year and instead of giving it to a local agent I reckon I could sell it privately and save some money. I have spoken to buymyplace but I saw the question about purplebricks the other day and want to find out what the difference is between the two?
A: Dear John
Firstly thanks to SimplyAskit for getting in touch with us about your question.
buyMyplace enables you to sell your own property and also provides the same access to the internet and online advertising on realestate.com.au and domain.com.au that you would expect from a traditional real estate agent.
The difference between buyMyplace and Purplebricks is that with buyMyplace, you do the selling yourself as opposed to Purplebricks, where an agent still manages the bulk of the process.
Depending on how confident you feel selling your own property, buyMyplace also offers support from a property sales specialist, and that is reflected in the package you may choose to buy. Considering that a traditional agent can charge around 2.5 per cent of the sale price of your property in commissions and fees (around $23,000 on a $600k home), whatever package you choose will save you tens of thousands of dollars in fees.
At present, our top package is under $2,000 and it includes support from a property sales specialist, your advertisement written and professional photography as well as advertising on all the top real estate websites in Australia. Our lowest package is only $695, and will still get you advertising on the top sites, but the bulk of the marketing, open for inspections, photography and so on is managed by the vendor.
We can also arrange auctioneers, negotiators and conveyancing for a low additional fee. In effect buyMyplace offers all the same services as a traditional agent or hybrid model such as Purplebricks for a fraction of the cost.
From the team at buyMyplace.com.au