PHOTO: SUPPLIED Mike Van Wagoner says the public is being overcharged by the real estate industry.
One Auckland real estate agency boss earning $900 an hour wants a shake-up for the industry, which he says is “feeding off Kiwi complacency”.
Mike van Wagoner owns Emphasis Real Estate in Auckland.
He offers a fixed-fee structure for sales, charging between $6000 and $9000 depending on the value of the property.
Van Wagoner said traditional industry commission rates had not kept up with the reality of the property market.
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