For Real Estate Agents · Agent Economics

The risk-adjusted value of a won listing to your practice — $11,900
a pre-qualified seller, delivered
Five competitors, not fifty. And a success fee of just eight percent.

No win, no fee · $950 + GST only on listings signed

Register as an Agent — Free
Avg Commission
$17k

2% on $850,000 median ACT sale

Competition
1 in 5

Invited agents per property — capped

Win → Listing
70%

Post-win conversion to signed agreement

Your Fee
$950

Only payable when you win

I.

How eleven thousand nine hundred is built.

Expected-value derivation — ACT, 2026 benchmarks
Median ACT sale price$850,000
Gross commission at 2%$17,000
Win probability (1 in 5)20%
Expected value per tender submitted$3,400
Post-win conversion to signed listing~70%
Risk-adjusted value per tender$2,380
Risk-adjusted value of a WON lead
Five agents compete · ~70% convert to listing
$11,900
Your success fee$950 + GST
Fee as % of expected commissionJust 8%
II.

Measured against the alternatives.

Lead Source Fee Structure Competition Cost on $850k Sale Effective Cost per Listing
OpenAgent 20–30% of commission Medium — 3 agents ~$3,400–$5,100 on $850k sale $3,400–$5,100
LocalAgentFinder 0.395% of sale price Medium — 3+ agents ~$3,358 on $850k sale $3,358
Door knocking / cold call Time + fuel None ~1% conversion $1,000+
Tender My Listing $950 flat fee (only if you win) Low — only 5 agents ~70% projected $1,357
III.

Six reasons this lead is different.

i

Pre-qualified seller

The seller has added their property details, confirmed they're selling, and actively invited agents to tender. No tyre-kickers.

ii

They chose you

The seller handpicked you from a shortlist based on your track record — recent sales, average price, and suburb expertise. You're not cold.

iii

Only 5 compete

Not 50 agents on a portal. Not 10 at a pitch. Five agents — serious, invited, competing on price and strategy.

iv

Submit free, pay only if you win

Submitting a tender costs nothing. The $950 + GST success fee applies only after you win AND the listing agreement is signed. Zero risk.

v

Direct access to the seller

Win the tender and you meet the seller directly. No middleman, no lead aggregator taking a cut of your commission.

vi

No pay-for-placement — ever

Agents are ranked purely on merit — recent sales, average price, and days on market. You cannot buy a higher position. No sponsored listings, no premium tiers, no bidding for visibility. Every agent competes on the same level playing field.

— Start Here —

Ready to win pre-qualified listings?

Register now — it's free. You'll be notified the moment a seller in your suburb invites you to tender.

Register as an Agent
Free to register · Free to submit tenders · Pay only when you win
Data sources OpenAgent referral fees (20–30% of commission) · LocalAgentFinder fees (0.395% of sale price, capped $4,750) · Agent commission rates by state (2026). Door-knocking conversion rates from real estate coaching industry benchmarks. Tender My Listing conversion rates are projected estimates and will be updated with verified data as tenders are completed.
IV.

Agent FAQ

§

Is submitting a tender a binding offer?

No. A tender submission is a structured response to the vendor's questions — not a legal offer. It creates no agency relationship and no financial obligation on either party. An agency agreement only forms when a written Listing Agreement is signed between you and the vendor after you meet. If the vendor declines to appoint you, or changes their mind entirely, no fee applies.

§

What does it cost to register?

Nothing. Registration is free. Submitting tenders is free. You only pay the $950 + GST success fee if you win a tender AND sign the listing agreement with the seller.

§

How many agents compete per property?

Maximum 5. The seller chooses which agents to invite based on local track record — recent sales, average price, and days on market.

§

What happens when I win?

You receive the seller's contact details and arrange a meeting to discuss the sale, agree on price expectations, and sign the listing agreement. The success fee invoice is issued after you confirm the listing is signed.

§

What if the seller doesn't proceed after I win?

No fee. The success fee only applies when the listing agreement is actually signed. If the seller changes their mind, you pay nothing.

§

Which areas are covered?

Currently ACT (all Canberra suburbs). Expanding to NSW, VIC, and QLD soon.