A new Australian site promises to revolutionize how real estate buying is done, comparing it to the new ways taxis, dating, and travel are run.
Next Address Founder and CEO Julie O’Donohue’s own experience as an ex-real estate agent led her to create a platform that is transparent, offers a more affordable way of buying and selling property, saves people time and puts the customer in complete control.
“Australia’s inflated property market is overwhelming, and so is the traditional process of buying and selling a home, with many people feeling frustrated with high costs, inaccurate property valuations, and a lack of communication,” Julie said.
“Next Address is essentially a matchmaker for the property world that directly connects buyers to properties through a smart algorithm.
“Aussies spend $8 million on advertising and agent commissions each year, and it costs on average $12,000 to $60,000 to sell a property – Next Address will save people anywhere from $6,000 to $20,000 on these costs.
“In Australian cities, a property’s average time on market is 71 days and in regional areas 91 days, and Next Address will significantly reduce this listing time.
“In New Zealand, around 35 percent of people sell their own home, while here in Australia that figure is five percent, but through Next Address we want to increase that figure to 20 percent within 10 years,” Julie added.
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