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A new player has entered the local real estate scene, and is rumoured to be a ‘disruptor' in Wānaka.

Proppy's real estate platform has recently just won the digital and technology innovation award at the Westpac Business Awards in Tauranga and has sold over $130million in real estate to date.

Sellers can hold an online auction (much like trademe) which will be very relevant to the Wānaka market as many buyers are from out of town. Proppy also has the ability to negotiate online, complete an online tender using Proppy's digital lockbox feature and you can even sign legal documentation online. Buyer and sellers who have used the system love it due to its simplicity and ease. 

“It is a proven method and Proppy.co.nz has already saved vendors' commission in excess of $1.5million in NZ and at the same time achieving excellent prices,” said Hannah Walker, half of the husband and wife team behind the venture. "It's the way of the future."

Hannah said Wānaka buyers and sellers are now offered more choice, lower commissions and expert personal service with the owners of the online real estate agency Proppy.co.nz, taking up residence in Wānaka. They are competent, experienced and have active buyers on the database.  

Hannah and her husband Tyson Walker recently moved from Tauranga to set up home in Wānaka with their two young boys. For the last three years the duo has been operating in  real estate market nationwide with their low commission structure – only 1.5 percent + GST.

The business is now in its fourth year of trading and it has been achieving impressive results. 

Whilst this type of digital purchasing may seem appealing to the younger digital generation, the reality is that the main seller demographic is people in the 55+ age group. Tyson puts this down to wisdom, “The older demographic tends to be downsizing and they are smart, they know every dollar counts. Our aim is to get sellers the very best price at a competitive commission rate.”

Hannah pointed out that vendors and buyers are not left alone in the World Wide Web. “Each property is assigned a qualified real-estate salesperson to prepare marketing, do open homes, help with negotiations and ensure you get maximum sale price. For the Wānaka market that will be one of us” she said. “We love Wānaka and can't wait to be part of the community full time. Our family has been holidaying here and been property owners here for the past 40 years so we know the place well. Finally, our dream of living in Wānaka full time has come true!"

In the spirit of Christmas, and to mark their launch into the Wānaka region, Proppy is giving away a $500 prezzy card to those keen to know more.  Simply look up the estimated value of your home in the Wanaka/Queenstown Lakes area on www.proppy.co.nz/Appraisal.aspx/ and you could be celebrating Christmas early with a $500 prezzy card.

For those not looking to sell a property soon, it still pays to take a sneak-peek online and see the way the real estate industry is heading. Find out more at www.proppy.co.nz.