Real estate disruptor to shine light on 40,000 agents

Real estate disruptor to shine light on 40,000 agents

by 5 comments

An Australian tech start-up is eager to disrupt the real estate industry by revealing information about agents once off limits to consumers.

Australian start-up AgentSelect.com.au provides an accurate and independent picture of the best-performing agents in the country, as well as the opportunity to compare their offerings side by side, the firm claims.

AgentSelect CEO David Ginnane said Australians are guilty of an “enormous paradox” when it comes to selling property.

“Even though most of us don't like agents, 75 per cent of us actually believe that a good real estate agent will add value when it comes to selling our home,” Mr Ginnane said.

“The problem is that we have traditionally had no real way of working out who those good agents are. So most people just go on recommendations from other people who've sold their house, who really don't have that much information either.

“Surprisingly, as many as 20 per cent of people just choose the first agent they have contact with.”

AgentSelect said it aims to change this by letting consumers know exactly who the best agents are when it comes to selling their home.

However, the start-up says it differs from other agent comparison websites because it 'covers the field' in terms of past data and is not beholden to any real estate group.

“We have sales data from more than 40,000 agents across the country,” Mr Ginnane said. “No other agent comparison site comes close.

“When a vendor decides to choose an agent through the AgentSelect platform, we use that data to pinpoint the three best performing agents based on past sales of similar property in the same area.”

[Related: Agent rating sites 'a massive trap' for sellers]

promoted content
Recommended by Spike Native Network
Listen to other installment of the Real Estate Business Podcast
reb top 100 agents 2016

With a combined sales volume of $13 billion in 2016, the Top 100 Agents ranking represents the very best sales agents in Australia. Find out what sets them apart and learn their secrets to success.

featured podcast

featured podcast
Tim Foote on why quality over quantity is good for business

In this episode of Secrets of the Top 100 Agents, host Tim Neary talks to Belle Property’s Tim Foote, who placed number 34 in this year’...

View all podcasts

How difficult is it to maintain a good work/ life balance?

Very – if I’m having balance my competitors are working
Not – I schedule the time into my calendar in advance
A little – It’s scheduled, but something always crops up
Work/ life balance – what’s that?
Do you have an industry update?