What are the best for sale by owner sites ?
How big is Australia’s for sale by owner market?
The amount of people now looking to sell their property privately is increasing day by day. Mostly because of the thousands of dollars a private seller will save without using an agent. See this calculator as to how much you would save for your property.
Now in 2020, we take a look at some of the larger DIY sites and their ‘spread of offerings’. All for sale by owner sites include listing on Realestate.com.au and Domain.com.au plus other sites.
No Agent Property
No Agent Property is the longest running website in Australia that helps owners sell or rent their properties without paying commission to real estate agents, and it is one of the largest.
A leader in the industry, No Agent Property was the first website to introduce automated buyer matching and strategic social media campaigns.
Sold: Over 13,500+ propertiesCommission Saved – over $300m
BuyMyPlace:
“Take control of selling your property and save thousands in commission”.
Founded in 2007 and say they’ve been around long enough to know the real estate industry like the back of their hands.
Sold: Over 6,000 properties soldCommission saved over $75m
Founded
PurpleBricks
Founded in 2014, Purplebricks set out to disrupt the real estate market, by offering an end-to-end solution for sellers with a fixed fee structure. They launched Purple Bricks Australia, in August 2016. Unfortunately, their model did not work in Australia and ended with their departure around three years after.
Property Now
Founded in 2006 and say they are Australia’s first agent-assisted property sales and rental platform. PropertyNow offers you more control over your greatest asset, and a direct channel to buyers or renters looking for a property like yours. Looking to the future in private selling and leasing.
Sold: Over 4,000 properties soldCommission saved: unknown
For Sale By Owner
For Sale By Owner helps you to sell your property yourself without incurring the high commission normally associated with the sale of a property.
Founded
Sold: Over 6,000 properties soldCommission saved: unknown
Minus The Agent
Minus the Agent lists you on all the property websites you need to be on and believe that ownership is associated with freedom of choice. ‘It’s your property – so you choose’.
Founded (date not published)
Sold: Over 700 properties soldCommission saved: unknown
Sell My Property Now
SMPN (Sell My Property Now) supports the private property seller to market their property and thus save tens of thousands in agent’s commission and fees.
Founded in 2012
Sold: Over 850 properties soldCommission saved: unknown
As you can see there are many companies to choose from. The astute sellers will choose the most reputable, the long-standing and often the largest, providing you assurance that your marketing campaign will be long lasting and successful. Over the years there have been many DIY companies that haven’t made it (even purple bricks who were a huge public company). Unfortunately, if you had chosen one of them, then your property would have been wiped off of RealEstate.com.au and Domain.com.au, just like that! You can’t go back to these portals saying that you’ve paid, as you paid the company, not them! Be careful with your choice.
See the Number 1 and largest site here: How it works