Property commentator Alistair Helm says its likely that real estate agents will change their fee structures in response to the current stand-off occurring between some agents and website Trade Me.
Tensions have been running high between the real estate industry and Trade Me, with some regional agents withdrawing property listings from the website. This follows Trade Me changing its listing fee structure late last year.
Helm, who has his own website properazzi.co.nz and was the founding chief executive of realestate.co.nz, told interest.co.nz the fee change by Trade Me resulted in "...an unfortunate situation where the industry really didn't see this coming".
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