Home / Business and Economy / Homeowner Sells Property on Facebook, Skips Agents
Homeowner Sells Property on Facebook, Skips Agents
28 Feb
Summary
- Couple protests high real estate agent commission fees.
- They are selling their Queensland home on Facebook Marketplace.
- The sale aims to fund a new technology venture.
A Queensland couple is bypassing traditional real estate agents by selling their home directly on Facebook Marketplace, citing exorbitant commission fees. Tech entrepreneur Warren Burger and his wife Nolene decided against using agents after discovering potential fees of up to $40,000 for selling their four-bedroom Sunshine Coast property.
They purchased the 750 sqm home for $1.2 million in 2023 and are now listing it for $1.65 million to access capital for a new technology business. Mr. Burger has shared his experience on a social media platform called 'agents_want_me_cancelled,' highlighting his exclusion from realestate.com.au for attempting a direct sale.
The couple believes the property selling process is achievable without industry gatekeepers. While acknowledging the challenges in distribution, Mr. Burger is documenting the journey to prove that direct sales are possible. He suggests a shift towards agents being paid for specific contributions rather than a full commission.
