Supplier News

  • Domain have shown a revenue of $286.6 million with a net loss after tax of $6.2 million in the company’s FY18 results. The loss comes after the company split from Fairfax and listed on the ASX in November. The company is no doubt hoping incoming CEO Jason Pellegrino, who begins his role at the end of the month, will boost…

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  • The REA Group financial results have revealed the company increased its marketing spend by 23 per cent in the 2018 financial year, up from $60.415 million to $74.483 million. With the removal of the acquisition costs, REA Group showed a revenue increase of 20 per cent to $807.7 million. EBITDA (earnings before interest, tax, depreciation and amortisation) was up 22 per…

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  • TRANSCRIPT Agentbox is Australia’s leading CRM. We actually work with more of the top agents in Australia than anyone else, which is actually over 30 per cent, and 20 per cent of the top offices. We’ve been able to build an end-to-end solution for sales and leasing. We’ve also been very excited to announce that we’re the first platform that’s…

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  • For the second year running, Melbourne-based automated communications platform ActivePipe has been named a winner in the Technology Innovation, Marketing Innovation and Software Innovation categories of the prestigious Australian Business Awards. The win continues the growth the company has enjoyed over the last 12 months with their platform, which allows agents to streamline communication channels with their customers. According to CEO Ashley Farrugia,…

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  • Rental property website rent.com.au have announced they will launch a mobile app for IOS and Android this week. In an ASX announcement, the company said the app would bring all the “unique and useful features” the platform already has alongside a range of “unique new features”. According to the announcement, 60 per cent of the current customers using the platform…

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  • TRANSCRIPT @realty is a modern real estate agency. We are basically a platform that allows agents to run their own business under the @realty brand. So, typically, agents can hit a glass ceiling in an office that they’re currently working in. Their only option was generally to go and start their own office. But of course, with that comes the…

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    Digital marketing solutions provider DIAKRIT have announced an agreement to buy its majority shareholding from News Corp Australia. The Swedish founded company will now be owned by its three original founders Fredrik Bergman (CEO), Dick Karlsson (Managing Director, Residential) and Martin Fritze (CTO), as well as Pontus Lindholm (Director, Sales Nordic), who will all continue to run the company backed…

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    US-based real estate brokerage Compass has announced it will begin licensing its technology to other firms. The company, which has been going through a strong round of acquisitions since receiving US$450m in funding in 2017, announced its first licensing deal last week, with Leading Edge Real Estate Group. The move will add another income stream to the growing brokerage, which…

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  • More from AREC 2018

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  • elite agent news room

    Re-Leased, the cloud-based commercial property management platform, has raised NZ$2.3 million from New Zealand and UK investors in its first external capital round to fast track development and attract larger international customers. The platform manages over 35,000 properties worldwide for commercial landlords and managers , using cloud-based technology to reduce the costs of administering portfolios while also enhancing tenant services.…

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  • Proportunity, a startup based out of London, aims to help first home buyers with loans based on the forecast future price of their house. The company, started by entrepreneurs Vadim Toader and Stefan Boronea, uses machine learning to accurately forecast property growth, and will soon begin to offer equity loans allowing FHBs to increase their deposit. The UK already has a…

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  • Industry supplier Rockend have been recognised for their exceptional customer service by the Customer Service Institute of Australia (CSIA). The company was named a finalist in six categories at the CSIA-run Australian Service Excellence Awards (ASEA). The categories include the highly-contested Customer Service Organisation of the Year – Medium. It isn’t the first time Rockend has been recognised by the…

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  • The sons of ex-Domain CEO Anthony Catalano and Fairfax Media CEO Greg Hywood have furthered their property ambitions with another niche portal. The third website for the duo, and second property portal, is House and Land Developments – a portal aimed at developers and investors looking for suburban house and land packages. From their AD Group Catalano and Hywood have…

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  • TRANSCRIPT Basically, Campaigntrack’s a single platform you can manage all your marketing for your real estate. From traditional print, newspaper, signs, brochures, that kind of thing, and more recently digital marketing. We’ve partnered with, I guess, the two most memorable companies in the world. Arguably, the most powerful marketing platforms on the planet: Google and Facebook. We produced a product…

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