Article 6QRB0 Australians pay more than anyone in the world to sell their homes online

Australians pay more than anyone in the world to sell their homes online

by
Sarah Martin
from World news | The Guardian on (#6QRB0)

Prices at the News Corp-controlled realestate.com.au can be as high as $4,000 for a single listing, prompting complaints from vendors, agents and industry disruptors

Australians are paying the most expensive advertising fees in the world to sell their homes online as a result of the market dominance of realestate.com.au and Domain, with the cost rising to as much as $4,000 for an inner-city listing.

The dominance of the News Corp-controlled realestate.com.au has prompted more than a dozen complaints to Australia's competition watchdog, the Australian Consumer and Competition Commission, over the past decade from agents and industry disruptors, Guardian Australia can reveal.

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