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Auckland is home to nearly half of the estate agents in the country – and they are all vying for a commission.
With an increasing number of millionaire homes lining its streets, Auckland is officially crowned land of the real estate agent.
Real Estate Agency figures obtained under the Official Information Act show that of the 14,625 licensed real estate agents in the country, 44% – 6,515 – are in Auckland.
This is 1.2 sellers per square kilometer – or one for 250 people.
Abigail Dougherty
Auckland real estate agent Ben Macky shares what it is like to be a real estate agent in this market.
Comparatively, the west coast has 0.005 vendors per square kilometer: only one vendor authorized by 750 people.
READ MORE:
* The Next Challenge of Real Estate: Vendors' Expectations
* Winter Hibernation Strikes the New Zealand Real Estate Market
* real estate agents: do you get what you pay for?
And while the stereotype of the sales agent could be flash combinations, expensive cars and a shark smile, agents across the country say that real estate is an industry booming where many do not make the cut. ] Wallace and Stratton director Ben Macky in a property on the North Shore "title =" "src =" https://resources.stuff.co.nz/content/dam/images/1/q/o/e/t /f/image.related.StuffLandscapeSixteenByNine.620×349.1ql6hy.png/1530952061121.jpg "class =" photoborder "/>
ABIGAIL DOUGHERTY / STUFF
Wallace and Stratton director Ben Macky in a property on the North Shore.
According to the Ministry of Commerce, Innovation and Employment, the average income of realtors is about $ 79,000 a year, but agents can spend months before being paid to sell a property.
And While Millionaire Agents Are Far From The Standard, According To The Region In, A Sales Approach Is Likely
Real Estate Brokers Charlie Elley, Westport Branch Manager, Says That West Coast Vendors should be do-it-all people who can sell any type of property – commercial, rural or residential – to earn money. out of the small market.
"An agency based in a city tends to pound trainees with statistics, it's more of a dog-eat-dog ethic than in rural areas," says Elley.
"On the coast, it's a little more laid back, we tend to cut a lot of bullshit from the game. You're not going to impress a coaster in shiny black shoes and a suit."
And in a market where the median price of a house on the west coast was $ 220,000 in May – just over a quarter of Auckland's median price – the agents' often move away in search of greener pastures.
"Do not come into real estate hoping to make a fortune," says Elley. "Many (new agents) will give up after five months, it depends on their personality." If you can not live on your own for three or four months, do not come.
Wallace and Stratton real estate manager Ben Macky said in Auckland that "you really have a lot to do", with the North Shore being "New Zealand's most competitive zone" 19659007 And house prices: "Commissions are considerably higher.
A breakdown of the numbers shows that most agents are based in the CBD of Auckland. followed by Papakura (166), Pukekohe (166) and Whangaparoa (105).
Sunny Mount Maunganui and Papamoa recorded a combination of 215, Tauranga 423, Hamilton 473 and over south Christchurch at 1077.
– Sunday Star Times
