real estate agency


PHOTO: Mike Van Wagoner

New Zealand houses are now sitting at an average of $500,000 – and real estate agents are reaping the benefits.

With real estate agents charging a steep 4 percent commission, one agent says customers are being ripped off, and something needs to change.

Mike Van Wagoner appeared on Wednesday evening’s episode of The Project to say he doesn’t care if he loses his job, he just wants change.

“I don’t mind being redundant if it means an improvement in the system. The model, as it is, is broken. It’s outdated.

“It’s not the agents, it’s the format that’s been going on for two decades at least,” says Mr Wagoner.



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