Two years after its launch, Permit Ready has announced the renaming and rebranding of its platform to Development Ready, to coincide with an expanded service offering across Australia’s east coast.
Development Ready is a buying and selling hub exclusively for development sites, instantly connecting real estate agents with qualified buyers sourced from developers and investors nationwide. They say the site makes it easy for developers to find their next project across the country.
The company currently has over 10,000 subscribers including investors, developers and real estate agents.
The Development Ready rebrand coincides with several milestones for the company including its continued roll out of features including a construction calculator, feasibility tools, mapping functionalities and property development investment fund which will further guide aspiring and experienced developers through the life cycle of a development project.
With a HQ in Melbourne, the Development Ready team have set up a secondary office in Martin Place Sydney which was announced in January.
Development Ready Managing Director, Nick Materia, said the business had changed its name and expanded its focus in response to developer demand.
“Until now, Development Ready has focused its resources on showcasing development-only approved sites for sale. But following the company’s initial launch, developers have also flagged interest in pursuing ‘development-potential’ land opportunities,” he said.
“This, combined with strong growth in our audience base and a rapid uptake in real estate agency partnerships has prompted an expansion of our service offering. It was time to re-imagine our company’s broader role in the future of development site listing and purchasing,” he said.
“Our buyers are genuine, active and targeted – and there are a lot of them. I believe this is what sets Development Ready apart from other portals,” he said.
Development Ready develops trends including upcoming hotspots, buyer trends, price trends and enquiry patterns for all states of Australia, with regular listings from over 300 real estate agencies across Australia.
The company has partnerships with agencies such as Colliers International, CBRE, Savills, Knight Frank, Biggin & Scott Land, Melbourne Acquisitions, Ray White, Jellis Craig and more.
In the past they report to have listed over 2000 properties since its inception with a total sales value of more than $3 billion, 20,000 users per month and average of 38 percent month-on-month growth of properties, new listing agents and users.