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WILL this be the Aldi of Australian real estate?
Purplebricks, the UK-based online real estate agent that charges homeowners a flat fee to sell their property, is promising to shake up the local market and save Aussies nearly $6 billion in commissions.
Launched in the UK in 2014, Purplebricks charges homeowners a flat fee of $4500, including marketing costs, to sell their home. The company claims on average, Aussie homeowners will save $11,500 under its model.
READ MORE VIA NEWS.COM.AU
Online real estate agent Purplebricks has launched in Australia.