byronbayholidayhouses.com

[Bacon Farmer]

Actually even if they do pay an agent commission if it means the house is let instead of being vacant they're winning.

 

[snoopy]

You're assuming the market is efficient.

Either way an agent with dozens/hundred of properties is going to be able to monetize the traffic far better than someone with 1 house. The searchers are looking for "houses" afterall, a choice, and they likely have some fairly specific budget/quality/location expectations.

I said 10% or worse [Stayz charges 8% plus $14.95 per night].

Given you are saying it's up to 40% this means the domain/site as a lead generator would be even more valuable.

That 8% is just an advertising fee.

The 20%-30%-40% is an actual management fee in addition which comes out of the $4000.

They've still got to hire someone to look after the place and physically handle bookings, I'm talking about giving someone a set of keys, drawing them a map of how to get to the place, getting them a spare set of keys when they lose them at the beach, handling things when they decide to have a party with 100 people invited. I think it is easy to say "the home owner can do this, this, and this and save on whole lot of fees", but in reality it probably need to be done by someone who does it for a living, someone actually there.

If they "save" on the 8% then the "cost" is ongoing SEO, payment processing, webdesign, hosting etc.

The $4k pw is relevant to my argument though where the cost of leads via a website based on this keyword domain might only be $1k.

Personally think it would be hard job getting the site to no.1 and then selling for $1000 to holiday home owner.

 

[Bacon Farmer]

The searchers are looking for "houses" afterall, a choice, and they likely have some fairly specific budget/quality/location expectations.

Sure if the 1 house doesn't suit them they'll keep searching but only after they've looked at that 1 house.

Either way an agent with dozens/hundred of properties is going to be able to monetize the traffic far better than someone with 1 house.

Sure an agent might make more money out of it but to an owner of a beach house they'll be more than satisfied if it gets them an extra booking a month.

They've still got to hire someone to look after the place and physically handle bookings, I'm talking about giving someone a set of keys, drawing them a map of how to get to the place, getting them a spare set of keys when they lose them at the beach, handling things when they decide to have a party with 100 people invited. I think it is easy to say "the home owner can do this, this, and this and save on whole lot of fees", but in reality it probably need to be done by someone who does it for a living, someone actually there.

Like I said the leads can still get redirected to the agent.

Personally think it would be hard job getting the site to no.1 and then selling for $1000 to holiday home owner.

Getting it to the top 3 would be easy. Check out "bryon bay beach houses" and the number of links the number one position has.

I don't know about selling it. Though I reckon of the many hundreds of holiday houses in Byron, many wouldn't have an effective website and instead of building a new one which would easily cost $1,500, selling them a going concern for $1k would be fairly easy?