Fixed-Fee Home Repairs Are Here
A new feature from Angi to bring price transparency and standardisation to booking household services.
A new feature from Angi to bring price transparency and standardisation to booking household services.
Angi Inc., the home services company formerly known as Angie’s List, is rolling out a feature that allows consumers to browse and buy common household services at set prices. Its goal is to offer tasks such as mounting a television, painting a room or repairing a roof in a format that mimics models in industries already transformed by tech, like ordering a taxi via a ride-share app.
The new option, which is available first for certain Angi subscribers, supplements the current system for booking services on Angi in which consumers browse vetted professionals or submit a project request, then take up details such as cost estimates directly with contractors.
Angi executives said they are trying to bring the price transparency and standardization of other businesses to home improvement.
“There’s all these barriers in buying service that we’ve been breaking down piece by piece over the last nine years, pretty much to get to a place where we’re now able to offer a productized service experience across hundreds of different service categories across the country,” said Oisin Hanrahan, chief executive of Angi. “And that’s the big shift that we’re making, so that you can essentially go and buy home services the same way you can buy products for your home.”
The feature comes amid a housing boom as well as a surge of growth in home improvement. Sales of home improvement materials, such as tools, lumber, paint and lawn and garden supplies, totaled $86.4 billion in the 12 months ending this May, an increase of $8 billion from the year before, according to NPD Group, a market research firm.
The Covid-19 pandemic opened consumers’ minds to digital services in areas that had still been largely analog, from car sales to home improvement, said user experience designers, who focus on product usability.
“More people across the board, not just millennials and Gen Z, are going to be more comfortable just going online and using an app to find a service,” said Janvi Jhaveri, founder and chief executive of Jack Strategy LLC, a product design and strategy studio.
Angi added language to the booking process to ensure people understood they weren’t scheduling an estimate with a contractor, but actually employing their services, said Mr. Hanrahan. The layout, designed to resemble an e-commerce store for more traditional goods, also helped, he said.
“The more we can merchandise and display to the user in a visual way, like the same way you’d scroll an Amazon or a Target catalog online, the more we can make it easy for people to digest,” said Mr. Hanrahan.
Other companies have taken different approaches to modernizing home contracting.
Home service platform Thumbtack Inc. in February introduced a feature that lets consumers book professionals for small service jobs like a television installation or to receive estimates on larger projects. The company previously offered information on professionals and their services but left it up to customers to schedule a day and time for the project.
It has stayed away from a model like Angi’s for larger, custom projects because the company believes it is impossible to reliably price many home jobs remotely, said Marco Zappacosta, co-founder and chief executive of Thumbtack.
If a professional arrives at a home and a customer asks for additional services, such as mounting two televisions instead of one, Angi will update the price, the company said.
Not all services lend themselves to pricing ahead of time because every home and homeowner is different, said Liz Young, founder and chief executive of Realm Living Inc., a home property analysis company.
But for tasks that don’t require extensive financing or massive renovations, some homeowners will forgo a human touch, or vetting process, she said.
“For the smaller projects, like a paint job or an installation of a ceiling fan, all consumers care about is this relatively accurate price instantly,” Ms. Young said.
Reprinted by permission of The Wall Street Journal, Copyright 2021 Dow Jones & Company. Inc. All Rights Reserved Worldwide. Original date of publication: July 6, 2021
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Just 55 minutes from Sydney, make this your creative getaway located in the majestic Hawkesbury region.
Whether you prefer the country or the coast, there are plenty of east coast options for cashed up buyers
There are 10 local council areas scattered along the East Coast of Australia that offer both affordability and solid fundamentals for sustainable future growth, according to the research team at residential property network, PRD. The areas have been selected based on five criterion. They are affordability – defined as a median house price below $600,000, rising house values, strong rental yields to encourage investment, a strong pipeline of residential, commercial and infrastructure projects to facilitate local economic development, and low unemployment.
Here are Australia’s 10 most affordable regional property markets with great future potential.
Mackay is a tropical coastal area located in north Queensland. It’s known for its closeconnection to the Great Barrier Reef. The median house price is $462,750, up 8.9 percent in 2023. Mackay attracts a lot of interstate migrants and is home to more than 120,000 people. It has a healthy economy with an unemployment rate of 3.7 percent and $1.7 billion worth of projects due to commence this year.
Toowoomba is located west of Brisbane and is known for its Victorian buildings, street artand surrounding national parks. The median house price is $560,000, up 10.9 percent in 2023. The city has a population of more than 180,000. The unemployment rate is 4 percentand there is $6.1 billion in projects commencing in 2024.
Townsville is a coastal city in north-eastern Queensland. The median house price is $420,000, up 5 percent in 2023. It is home to more than 200,000 people. Unemployment is very low at 2.5 percent and there is $3.2 billion of projects commencing this year.
Dubbo is located west of Newcastle in the Orana Region and is home to the Western Plains Zoo. The median house price is $530,000, up 11.6 percent in 2023. The population has exploded in recent years to more than 56,000 people. The unemployment rate is just 2.2percent and the economy is thriving. There is a pipeline of $4.7 billion in projects commencing this year.
Located in north-east NSW, Tamworth is known for its popular annual Country Music Festival. It’s also the largest retail centre for the New England and Northwest Slopes regions. The median house price is $490,000, up 14 percent in 2023. With a population of more than 65,000 people, the economy is strong with unemployment of just 2 percent and $112.4million worth of projects commencing this year.
Located west of Sydney and northwest of Canberra, Griffith is known for its prime produce production and wine cultivation. The median house price is $531,000, up 2.1 percent in 2023. Griffith’s population is about 27,000 people. The city boasts high economic resilience with a 2 percent unemployment rate and $258.7 million in projects in the pipeline.
Ballarat is a 1.5–hour drive west of Melbourne. It’s popular with city commuters who move here for housing affordability and a relaxed lifestyle with easy access to the city via train. The median house price is $570,000, down 4.2 percent in 2023 but up 92.9 percent over the past decade. The city has the third highest population in Victoria at about 118,000. Ballarat has an unemployment rate of 3 percent and a total projects pipeline worth $2.3 billion for 2024.
Shepparton is a rural area about two hours north of Melbourne. It is popularly referred to as ‘the food bowl of Australia’. The median house price is $475,000, up 4.4 percent in 2023. The population is about 70,000. The unemployment rate is just 2 percent and there is $1.8 billion in projects for 2024.
Wodonga is located on the border of NSW on the southern side of the Murray River. It is approximately 320km from Melbourne and 345km from Canberra. The median house price is $567,250, up 4.7 percent in 2023. With a population of about 44,000, the city’s jobless rate is 3 percent and there is $388.2 million in development set to commence in 2024, primarily new infrastructure.
Burnie is a bustling port city located in Emu Bay in Tasmania’s north-west. Overlooking beaches and parklands, the area is known for its rich agriculture and mining projects. The median house price is $435,000, up 3.6 percent. Despite a rising population, the unemployment rate is falling and is currently 5.6 percent. In 2024, Burnie’s project pipeline is valued at approximately $1.6 billion. A significant portion is commercial development, primarily renewable energy projects.
This stylish family home combines a classic palette and finishes with a flexible floorplan
Just 55 minutes from Sydney, make this your creative getaway located in the majestic Hawkesbury region.