Offer management platform, Real Estate Sales Online (RESO) has announced the appointment of three new board members as the Australian PropTech solution looks to embrace future growth.
With over 1250 agents registered and 48,000 buyers invited into the platform across Australia and New Zealand, RESO said they are now looking toward a strong year ahead
The new appointments of former LJ Hooker CEO, Grant Harrod, former Network Ten CEO, Paul Anderson and former Investment Banking Managing Director, Nick Bagot will help RESO navigate its pathway to scaling its platform throughout Australia and New Zealand.
Founded in 2017, RESO is located in Adelaide’s innovation district Lot Fourteen alongside the likes of Amazon and Google.
Its primary aim is to help agents automate their offer and acceptance process, providing a seamless place for agents to deliver a digital solution for their transactions.
The platform enables agents to manage offers, acceptance and contracting of residential sales, all in one place.
RESO Chairman Geoff Rohrsheim explained the new additions to the board would strengthen the knowledge and expertise RESO needs for its next phase of growth.
Mr Rohrsheim added that RESO is committed to streamlining the way in which agents and buyers come together digitally to purchase property.
“RESO looks to work in tandem with, rather than instead of, the agent, with agents who have used RESO noting that the technology has made things more efficient for them without affecting the importance of their role in the sale,” he said.
Despite over 87 per cent of buyers searching online for a property through agent and advertising portals, and PEXA settling 80 per cent of transactions throughout Australia digitally, only 2 per cent of buyers are able to negotiate online with an agent.
“The RESO platform and its unique features have provided agents with a new, digital way to approach the offer and acceptance process, with agents achieving higher selling prices while also reducing their workload,” Mr Rohrsheim said.
“RESO is tapping into the growing demand for digital solutions across the real estate value-chain, delivering stunning results and efficiencies for agents and sellers while improving the overall experience for buyers.”