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Poll: To advertise a rental property on trade me at $99 is

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  1. #1
    Join Date
    Jul 2006
    Location
    North Shore
    Posts
    301

    Default Trade Me is too expensive for advertising rentals

    I've got 4 rental properties, and one of my tenants just let me know that they are moving out, as they have purchased a house.

    I've been lucky having long tenancies, and last time I listed a rental property on trade me it was about $49. Now it's $99!!!

    Too much i say. Fairfax, you are getting too greedy! I am voting with my feet, and am not going to list rental properties on trademe any more.

    Instead i've listed with www.homeads.co.nz yesterday, and have already had a number of enquiries.

  2. #2
    Join Date
    Oct 2008
    Location
    Auckland/Melbourne/ whereever the money is
    Posts
    1,382

    Default

    I agree with the sentiment, but you are not actually voting with your feet, as Homeads put their listings on Trademe !!
    You need to watch out if both you and Homeads end up listing on Trademe as Homeads charge a finding fee that often catches prospective tenants out.

    I used Homeads before they used Tradme & their response was pretty hopeless.
    They seem to be better now that they post on Trademe.

  3. #3
    Join Date
    Apr 2006
    Posts
    4,018

    Default

    TM is simply the #1 site for advertising rentals, end of story.

    $99 is just right (I was erring on the side of "bargain).

    Homeads restricts the tenant pool to those who don't mind paying $120 for what they can get for free, or else pay a letting fee of 1 weeks rent (incl. GST).

    How many properties do they actually have on the site?

    TM is open with this amount, Homeads is not. A search for 2, 3 and 4 bedrooms in Auckland City and surrounding suburbs, in any price range, returns 34 properties.

    Paul.

  4. #4
    Join Date
    Apr 2006
    Posts
    4,018

    Default

    PS We took 2 properties off an agent using Homeads a while back. The agent using Homeads had ordered the ads, but they had not been placed. We had the properties tenanted before one of the Homeads classifieds was placed.

  5. #5
    Join Date
    Jun 2005
    Location
    Wellington
    Posts
    1,112

    Default

    What does it cost to list in the classified in the NZ Herald or Dom Post for 6 editions? (3 weeks, 2 ads per week).

  6. #6
    Join Date
    Apr 2006
    Posts
    4,018

    Default

    The Waikato Times is $12.35/day for a 3 liner.

    I expect that most papers have their rates cards available on the net.

    Paul.

  7. #7

    Default

    I found it a little pricey this time round too...

  8. #8
    Join Date
    Dec 2007
    Location
    Hamilton
    Posts
    190

    Default

    TM is now way too expensive for advertising rentals.
    If your properties are in areas with reasonable traffic flow investing in professional "for rent" signs is a much better option. Supplement this with a couple of 3 line newspaper adverts, works well for me.

  9. #9
    Join Date
    Jul 2006
    Location
    North Shore
    Posts
    301

    Default

    Quote Originally Posted by Keithw View Post
    I agree with the sentiment, but you are not actually voting with your feet, as Homeads put their listings on Trademe !!
    I'm aware that homeads will put it on trademe, so i'm not missing out on anything. I'll probably notify some other letting agents as well, and they will all use their unlimited listing option to advertise on trademe.

    So who is going to miss out? Fairfax are not going to get my listing fee, and my tenants are going to have to pay an extra brokerage fee/letting fee.

  10. #10
    Join Date
    Oct 2006
    Location
    Auckland
    Posts
    570

    Default

    Tenanted my last rental using the local newspaper and simple road signs, you just dont have the ability to show photos, but you need to show thru tenants anyway. Trade me now becoming expensive to use.

    FH


 

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