Australians Overpaying for Online Home Listings
Tuesday, 8 October 2024
Australians are facing exorbitant costs when selling their homes online, with advertising fees reaching a staggering $4000 per property. This places Australia at the top of the global list for the most expensive online real estate advertising. The Real Estate Institute of Victoria's President, Jacob Caine, attributes this excessive pricing to the "duopoly" dominating the industry, which limits consumer choice and drives up costs.
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