![Love That Place [BETA]](images/logo-love-that-place-beta.gif){kind=logo}
Real Estate Agents - click here to log in or register.
- About Love That Suburb
- How does it work?
- What are the benefits?
- What's the real value of subscribing?
- What will the local agent receive?
- Subscription pricing
- How do I subscribe?
- Request for clarification of suburb zoning
About Love That Suburb
'Love That Suburb' is an advertising and referral program for real estate agents, giving them a new avenue to further develop a trusted name and strong presence in their local communities through targeted advertising and regular email communication with Love That Place members.
Click here to check the availability of your target suburb.
How does it work?
'Love That Suburb' subscriptions are available only to licenced real estate agencies throughout Australia. Joining the Love That Suburb program secures your advertising and referral rights in targeted suburbs.
For a small monthly fee, your agency's advertisement will appear on Love That Place on a shared rotation basis (average 33%) with up to two other local agents; plus the details of these three agencies will be provided to members via an email alert whenever a registration in that selected suburb is confirmed as well as when a "double match" occurs.
The "up to three agent policy" is in line with recommendations from industry bodies and statutory authorities which strongly suggest consumers get at least three quotes from real estate agents.
Love That place will not be acting as real estate agents or brokers and will not be entitled to any commissions or finders fee under any circumstances.
How the process works:
Step 1: The property admirer is able to indicate their interest in purchasing a property using a rating system from one to five (five indicating an absolute desire to purchase). Similarly, a property owner nominates motivation to sell using the rating system from one to five (five indicating an absolute desire to sell).
Step 2: A "double match" occurs when a property owner is highly motivated to sell and a property admirer is highly motivated to buy that same property - when both parties register either a 4 or 5 level motivation status in the same property - a 'double match' occurs.
Step 3: Whenever a 4 or 5 level 'double match' occurs, Love That Place sends both the property owner(s) and property admirer(s) an email alert message, with details of up to 3 local real estate agencies that have subscribed to that particular suburb (Love That Suburb).
What are the benefits?
There are about 250,000 properties 'for sale' in Australia each year, but more than 8 million properties NOT YET FOR SALE.
Lovethatplace.com.au provides a new way for Australians to search for, view, discuss and buy or sell property. We are different from other real estate websites because we enable everyday property owners to create their own property page and share with millions of Australians in a safe and anonymous environment.
Love That Suburb offers the real estate industry a unique alternative to the traditional telemarketing, door knocking and letter box dropping sales techniques
What's more, it enables real estate agents to receive referrals as well as reach property owners and admirers in a local area with their advertising. Both activities have the potential to translate into sale for you.
What is the real value of subscribing?
Real Estate agencies need only convert one property sale in 10 years from our referral program to cover the expense of being a subscriber to Love That Suburb.
(Based on the cost of a subscription for 1 suburb held continuously for 10 years in the Love That Suburb advertising and referral program compared to the revenue derived from the average commission for a sale on a median priced property within Australia. Based on current known medium property sales figures).
As part of the Love That Suburb package, agents are also provided with a regular advertising presence in their local area at a fraction of the standard advertising rates. This alone presents an enormous opportunity to build awareness, of your agency and improve brand recall in order to secure future listings.
Love That Suburb is a referral program only, and it is the property owner or property admirer's choice as to whether you are contacted. Love That Place does not endorse cold calling or unsolicited direct contact with Love That Place members.
What will the local agent receive?*
- Small banner advertising - A banner advertisement on the 'Run of Site' located on each search page for any property located within your chosen suburb (on a rotational basis) - (valued at $465 month) based on "small banner, run of site, per suburb, per month adverting rates"
Click here to see the standard advertising rates.
- Email alert advertising - Your agency's logo and contact details (name, telephone, email and web address) is placed on all general email correspondence sent by Love That Place to registered members in your targeted suburb (up to 3 agents details are provided per email).
- Referrals - When a property owner and admirer registers a four or five level motivation (a "double match"), Love That Place will send both parties an email alert which includes an option for our members to use the 'assisted sales process' where they grant us express permission for us to send their details directly to any or all of their chosen local real estates.
*Subject to your successful subscription and payment.
Subscription pricing
For the launch of Love That Place, we are offering a six (6) month introductory subscription pricing. Introductory pricing starts - 13th February 2008 and finishes on the 13th of August 2008 at Midnight
| Six (6) month introductory subscription pricing | |||
| (Introductory pricing starts - 13th February 2008 and finishes on the 13th of August 2008 at Midnight) | |||
| Zone | Description | Cost Per Month Per Suburb | Total - 12 Months |
| Zone 1 | Capital Cities High Density | $32.50 | $390 |
| Zone 2 | Regional Cities/Med density | $24.50 | $294 |
| Zone 3 | Rural/ Low Density | $16.50 | $198 |
| Standard rates from the 14 August 2008 | |||
| Zone | Description | Cost Per Month Per Suburb | Total - 12 Months |
| Zone 1 | Capital Cities High Density | $65 | $780 |
| Zone 2 | Regional Cities/Med density | $49 | $588 |
| Zone 3 | Rural/ Low Density | $33 | $396 |
Terms:
- The Direct Deposit Agreement (DDA) contains a number of references to other information pages on our Web Site. Love That Place strongly recommends that as you read the DDA, you click on such links as they may contain further terms and conditions which apply to you.
- When you register for a suburb with Love That Place you agree to being liable for a minimum of 6 months subscription for each suburb with such subscription and monthly fee continuing until such time as you cancel that subscription in writing to Love That Place.
- Each suburb subscrtiption requires its own DDA i.e. if you subscribe for the maximum of 3 suburbs you will need to provide Love That Place with 3 DDA's.
Drawing arrangements:
- We will only direct debit your account in the manner described in the DDA. Payments will be debited when due in accordance with the DDA.
- We will issue 1/2 yearly tax invoices detailing payments made by you.
- Where the due date falls on a non-business day, we will draw the amount on the next business day.
- Should the original terms and conditions of this DDA need to be varied we will provide 30 days written notice of the variation.
- Except to the extent that disclosure is necessary in order to process debit or as otherwise may be required by law, we will keep all information relating to your nominated account information, private and confidential. please refer to our Privacy Policy should you require more information
Your rights
- You may terminate the Love That Place Direct Debit drawing arrangements at any time after the minimum contract period (6 months) by giving written notice to us. We require 14 days notice prior to the due date of your next scheduled payment for that notice to be effective.
- You may request a change to the drawing amount of Love That Place Direct Debit drawings by Contacting us and advising of your requirements. We require 14 days notice prior to the due date of your next scheduled payment.
- Where you consider that a drawing has been initiated incorrectly you should take the matter up directly with us. Love That Place will endeavor to resolve that matter within seven days from the receipt of your request. You may also lodge a Direct Debit Claim through your nominated Financial Institution.
Your responsibilities
- It is your responsibility to ensure that sufficient funds are available in the nominated account to meet a drawing on its due date. If a debit is returned unpaid by the Financial Institution you will be responsible for payment of the debit plus any return fee or administrative cost incurred by Love That Place.
- It is your responsibility to ensure that the authorisation given to draw on the nominated account is identical to the account signing instruction held by the Financial Institution where the account is based.
- It is your responsibility to advise us in writing 14 days prior to the next debit date if the account nominated by you to receive Love That Place Direct Debit is transferred or closed.
- It is your responsibility to arrange with us a suitable alternate payment method if the Love That Place Direct Debit drawing arrangements are cancelled either by yourselves or the nominated Financial Institution.
- It is your responsibility to supply us with any artwork you may wish to have included in our Love That Place correspondence.
- The DDA is a binding Agreement that will not be cancelled by you for the minimum term, being six months from the date of the first Direct Debit and by completeing the Direct Debit Request you agree to being bound by this DDA.
How do I Subscribe?
- We have 'No Limit' on the number of suburbs you can subscribe to.
- Each suburb may have up to 3 (different) agencies registered for that particular suburb (maximum of 3 agencies per suburb).
- Quarterly tax invoices will be provided to subscribers.
- First payment to be made by credit card (processed by Paypal) then recurring payments by Direct Debit only.
- Artwork to be supplied by the Real Estate agency, however assistance can be provided. Click here to inquire about advertising artwork.
- Once you have selected your suburb(s), you will have 15 Minutes to make your first payment by credit card to ensure you secure the marketing and referral rights to your targeted suburb. Once the reserve period elapses the suburb returns to open market.
- Once you are a subscriber to Love That Suburb you will also have 'first right of renewal' over your suburb - on a half yearly or annual basis.
- Agencies can register their interest in a 'subscribed / taken' suburb - and should the suburb become available, the suburb will be offered to the 'first reserve' - then the 'second reserve' etc.
- The 'Love That Suburb' assisted sales program is available only to licensed real estate agencies.
Request for clarification of suburb zoning
If you would like your suburbs zoning reassessed, click here to submit a request for re-clarification.