RightCost is a Real Estate-as-a-Service (REaaS) Platform. The Platform service fees are as follows:
Advertising Only Portal - FREE (Includes online advertising on Domain with FULL registration ONLY)*
Private Sale Portal - Flat platform service fee $4,400 (incl. GST)* for purchase price of up to $1,500,000**
Private Sale Portal - Flat platform service fee of $8,800 (incl. GST)* for purchase price over $1,500,001**
Online Auction Portal - Flat fee of $11,000 (incl. GST)* for any purchase price (This portal is currently under development)**
*If a property is sold via the Advertising Only portal, and/or our advertisement on Domain or any other advertising platform, Buyer and Seller agree to disclose Buyer's name and purchase price so we can update our advertising on all platforms accordingly. If this information is not disclosed, Rightcost reserves the right to extract this information and Seller must pay fee of $1,100 (including GST) for this cost to Rightcost.
**We do not take our platform service fees upfront. You only pay our fees after you sell your property and receive the deposit from the buyer.
RightCost operates as both a finder and facilitator seeking to match the needs of Buyers with Sellers. RightCost Pty Ltd A.C.N. 164 279 225 is a registered Estate Agent in the State of Victoria No 075347L and operates as sole agent for the seller only when the Sales Authority has been accepted by the Seller and Seller has appointed RightCost as their Estate Agent to sell their property. Where an Estate Agent is shown in connection with the relevant property, that Estate Agent acts on behalf of the Seller.
Defined terms are capitalised and found in the Dictionary.
For the avoidance of doubt, nothing in this paragraph requires you to create an account in order to be bound by these Terms and Conditions, and your use of the Website constitutes your agreement to these Terms and Conditions.
The services offered on this Website are available for use and/or purchase only by those persons over 18 and who have full capacity to enter binding contracts.
Property displayed on this site is located in Australia and certain dealings in such property are restricted to those permitted to do so under the relevant laws of Australia. RightCost will not be liable for any loss or damage which occurs because you are unable or not permitted to complete a transaction within this Website because you are prohibited by the laws of Australia from doing so.
RightCost grants you a revocable licence:
(a) to download and view the web-page content contained on this Website;
(b) to make copies of a reasonable portion of the content contained in this website by electronic or physical means;
(c) to transmit copies or pages of such reasonable portions to third parties;
solely or for the dominant purpose of use in connection with the evaluation of property for purchase or sale.
You agree that you will not seek to make use of the Website or any function or service connected with the Website:
(a) for purposes other than the permitted Licensed Use in clause 3;
(b) damaging or introducing code which adversely affects the operation of the Website;
(c) seeking to access parts of the Website with a password other than a current password that has been allocated to you by RightCost;
(d) purporting to act within the website or represent yourself as a person other than a genuine Seller, a Registered User, a Buyer or a Bidder;
(e) entering any part of the Website to add, delete or alter data or any operating code which you have not been authorised to do;
(f) introducing any code, worm, virus, cookie or other executable or any computer program which has the effect of copying or monitoring use of the Website outside the Permitted Use.
If you are entering information on behalf of any other person (including a company or a trust) you must identify that other person.
All information provided by you when accessing any part of this Website is referred to in these Terms and Conditions as “Your Information”. When you provide Your Information you are representing and warranting that it is true and correct and are agreeing to indemnify us for any losses, costs and expenses or damages that we may suffer if any of this information is not correct.
When you decide to purchase any goods from this site, your payment is arranged directly with our bankers, ANZ Bank, our payment portal E-way through a secure link to the relevant financial institution. We do not hold, nor do we have any access to your credit card details.
If any of Your Information is incomplete or inaccurate we reserve the right to decline any offer to purchase goods or services and terminate your access to all or any part of the Website. Australian criminal law also prohibits unauthorised copying, unauthorised access to computer networks and destruction of data in certain circumstances including where access is denied for a lawful reason.
If you place an order for any services (such as search reports or certificates, advertising or any ancillary property services) or goods (such as sales materials) it is deemed and constitutes an offer by you to purchase the quantity of services or goods (as the case may be) for the price (including the delivery and other charges) specified on this Website at the time you place your order. We reserve the right to accept or reject your offer for any reason, including, without limitation, the unavailability of any service or goods, an error in the price or the product description posted on this Website, or an error in your order.
Prices of services, goods and delivery and other charges displayed on this Website are current at the time of issue, but may change at any time and are subject to availability. The availability of services or goods may change from time to time.
We retain title to the goods you order until you have made payment in full for those goods, but all risk in the goods will pass to you on dispatch from our suppliers.
All prices are GST inclusive, but you are responsible for any taxes, duties or other liabilities imposed by any governmental agency, including without limitation, any customs duty, or any tax imposed by any government or government authority on any products or services acquired or ordered by you from this Site.
We will provide you with a tax invoice for GST purposes at the time you make your order. If your order is for an amount over $1,000.00 and you wish to claim input credits on any GST, you must provide us with your Australian Business Number (“ABN”) if you wish to receive a valid tax invoice.
We will refund to you fees we have charged for goods or services requested and paid for by you, where:
(a) the goods and/or services you have requested have not been provided by us to you within the Response Times; or
(b) by virtue of a failure of computer networks or of RightCost suppliers, the goods and/or services have not been provided with outside the Response Times in a reasonable time; or
(c) where ordered by a court of competent jurisdiction to do so.
Your right to a refund should be read in conjunction with the right of indemnity listed below.
Registered Users are those of our customers who have agreed to Registered User Terms and Conditions including the provision of personal information for the purposes of verifying identity as the Seller or entitlement to negotiate for the purchase of Australian residential property as the Buyer.
We reserve the right to withdraw your capacity to purchase goods and services from this Website at any time without notice. All rights and remedies of either party accrued at the time of termination and all disclaimers and limitations of liability will survive termination.
The contents and design of the Website, including all coding, compilations of data, text, images and audio and video files, which is protected by copyright laws or constitutes a trade mark (whether or not it is a registered trade mark) is proprietary to RightCost or our content providers.
You may not reproduce, modify, copy, distribute, transmit, communicate, display, publish or use any material contained in the Website and/or publications by us or our content providers without our express prior written permission or the permission of the relevant copyright owner.
You acknowledge that any breach by you of this paragraph may cause damage to us which cannot adequately be remedied by damages and that if you breach or act in a way which threatens to breach this paragraph, we may seek injunctive relief against you.
The Website is provided on an 'as is’, ‘with all faults’ and ‘as available' basis and to the extent permitted by law all warranties of any kind, either expressed or implied, including without limitation any implied warranties of merchantability, fitness for a particular purpose, warranties of title or non-infringement, or warranties arising from course of dealing or custom of trade are expressly disclaimed. We make no representation or warranty that any content of the Website is accurate, complete, appropriate, reliable or timely.
RightCost makes no representation or warranty that your access to and use of the Website will be uninterrupted, secure, error-free, free of viruses or unauthorised code or other harmful components.
We reserve the right to discontinue operating the Website at any time without notice. We rely on the suppliers listed in our directories to provide accurate information. We do not examine, determine or warrant the good standing, certification and/or licensing, competence, solvency or information of any professional or facility listed in our directories.
Use of our directories to locate a professional or facility is wholly at your own risk. We recommend that you check the solvency, insurances, certification and/or licensing of any professional or other service provider with the applicable licensing Board or authority.
The appearance of any product, service or web site link on the Website does not imply endorsement, approval or warranty by us and we disclaim all liability with regard to any such products, services or web site links.
Information (including any file) obtained from or through this Site is not represented nor can it be relied upon to be free from computer viruses or other faults or defects. It is your responsibility to scan any such information for computer viruses. You expressly agree that we will not be liable to you or to any other person for any loss or damage (whether direct, indirect, consequential or economic), however caused and whether by negligence or otherwise, which may result directly or indirectly from any such information. To the extent that any applicable law that cannot be excluded imposes any liability on RightCost, that liability shall be limited to the cost of re-supplying that information.
You hereby waive, release, forgive, discharge and relinquish any and all claims that you now have or may have against us, our related bodies corporate, directors, employees and agents which are connected with, arise out of, relate to or are incidental to any transaction.
RightCost will not under any circumstances be liable for any direct, indirect, incidental, special or consequential damages, resulting from your use or your inability to use this Site or for the cost of procurement of substitute products or services or resulting from any products or services purchased or obtained or messages received or transactions entered into through this Site or resulting from unauthorised access to or alteration of your transmissions or data or of any information contained on this Site, including but not limited to, damages for loss of profits, loss of opportunity, use, data or other intangible, even if RightCost has been advised of the possibility of such damages.
(ii) the repair of such goods;
(iii) the payment of the cost of replacing the goods or of acquiring equivalent goods; or
(iv) the payment of the cost of having the goods repaired; and
but so that the total cost to RightCost does not exceed the original price of the goods or services.
Upon any Dispute arising, a party may give written notice to the other party that a Dispute exists ("Dispute Notice").
The Dispute Notice must provide the recipient with good and sufficient particulars of the matters in Dispute.
The parties will use their best endeavours to resolve a Dispute pursuant to a Dispute Notice according to the following timetable:
Except for the purpose of obtaining urgent interlocutory or declaratory relief from a court of competent jurisdiction, no party shall commence any proceedings in any court, tribunals or otherwise without first providing a Dispute Notice and complying with the dispute resolution process set out in this clause.
Auction Rules are the rules governing the conduct of an Auction according to the laws of the place where the property is situated;
Bidder means a person who has agreed to the Auction Rules for the purposes of participating in an Online Auction;
Online Auction means an auction of residential property conducted within the Website in accordance with the Auction Rules;
Property means any real property or interest in real property offered or agreed to be offered by a Seller on the Website being ”Real Estate" as defined in Section 4 of the Real Estate Agent’s Act 1990 (Vic.);
Purchaser means the Registered User whose offer to purchase the Property is accepted or the successful Bidder following an Online Auction that enters into a Contract of Sale with you as Seller to purchase the property;
Registered User means any person who has agreed to:
Response Times means:
RightCost means RightCost Pty Ltd ACN 164 279 225, its successors and permitted assignees;
Seller means a person who appointed RightCost as its agent to offer property for sale on the Website; Seller also means a person who is using the Rightcost platform for Advertising Only via our DIY portal.
Website means the set of pages, including related functionality and services, accessible through the domains www.rightcost.com and any other website operated or maintained by RightCost from time to time;
Your Information means all information provided by you when accessing any part of this Website.
Last updated on 04 June 2020