Anyone who has sold a home before has almost certainly used a real estate agent to help them through the process. The process itself seems straightforward. The agent negotiates on behalf of the client to the terms of sale. When the deal closes, the agent collects a commission.
At first glance, everything seems elementary, but when you start digging into the details, you realise how completely archaic and misleading the industry is.
Let’s look at things from this perspective: in 2020 alone, 112,000 homes were sold in NZ through real estate. The average commission was $38,000. That equates to $4.1 billion, funded entirely by New Zealand homeowners. On top of those real estate agent fees, the same people spent hundreds of dollars for unnecessary advertising of their homes. What these massive figures mean is that over $4 billion are going to the property sector alone. Imagine if that money could be redistributed back into the pockets of everyday New Zealand homeowners – it would benefit every sector of society.
Unfortunately, the property industry is yet to make a pivot, but trailblazers like Mike Harvey are leading the charge into a better way of selling homes – both for homeowners and real estate agents.
“Nothing will ever change until it becomes too hard to stay the same,” says Mike Harvey, who has spent more than 20 years in the real estate industry as a top agent, franchise owner, auctioneer and trainer. “Currently, there are too many agents feasting on the same pie that it’s becoming harder to stay the same. Technology has also made it easier for homeowners to sell their homes online, to the point that change is going to be forced upon us.”
Preparing to Sell your House in 2022? Do it with Yelsa
To drive this era of change, Mike Harvey created Yelsa Real Estate with his wife, Sarah.
No one knows your property like you do. Yelsa lets you combine your knowledge with the expertise of licensed professionals in contract preparation, real estate laws, management of buyers, negotiation, and more. It leverages the experience and expertise of real estate agents with Yelsa’s innovative, industry-leading technology to optimise your property sale for you. In simpler words, you pay only for the expertise you need. No more forking over thousands of dollars in sales commissions and advertising.
Signing up with Yelsa Real Estate is one of the most innovative and cost-effective ways to sell your house in 2022 and beyond. Yelsa only offers you negotiators – the part that adds the most value, and also the part that’s the least expensive. A dedicated Yelsa agent will support you throughout the selling process and provide the tools you need for a successful sale. You will also receive one-on-one support in creating a selling profile on Yelsa Connect™, one of the industry-leading apps to sell your house. It’s a smart app that matches you with genuine buyers.
The traditional sales methods are no longer enough to satisfy the needs of both Sellers and real estate agents. To support the massive growth of the property industry in New Zealand, change has to occur. While still in its infancy, Yelsa is gaining momentum as buyers, sellers and real estate agents realise there is another, better way to get results — without throwing away thousands of hard-earned dollars.
Be part of the revolution today.
