Supplier News
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New tech set to simplify photo listings
Realtor.com®, today announced the release of its Photo First℠ feature, to help home buyers find their must-have rooms and finishes without the headache of scrolling through dozens of listing photos. They claim that this first-of-its-kind feature is designed to deliver the best browsing experience by making photos more personal and relevant than ever before. The…
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rent.com.au announces interest-free period for RentBond
Rental property website Rent.com.au has announced changes to broaden the appeal of its flagship bond payment product, adding a new interest-free and fee free period to give renters some cash relief when moving between properties. Highlights for property managers: The 21-day interest-free period means renters can fund their new bond at no cost, while they’re…
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Partnering for experience
It’s no secret that agents find it quite challenging to ask consumers to rate on various platforms including realestate.com.au, Google, Facebook plus a video or written testimonial. Last week Domain and RateMyAgent announced a reciprocal partnership which links review data with Domains Listing Data. Domains Chief Operating Officer Tony Blamey explains the thinking behind the…
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ActivePipe welcomes +$6m investment
ActivePipe, a Melbourne based Real Estate focussed Marketing Automation platform, announces that IAG's Firemark Ventures, the Corporate Venture arm of IAG, Australia's largest general insurer ("IAG"), and Second Century Ventures ("SCV"), the venture arm of the National Association of Realtors®, have invested into the ActivePipe +$6M Pre-Series B Convertible note round. The investment comes ahead…
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Herron Todd White welcomes Drew Hendrey to strategic national role
Australia’s largest independent valuation and property advisory firm has announced its latest strategic national team appointment, as the firm looks to build further on its already formidable presence in the industry. Drew Hendrey has accepted the position of Executive Director Valuations Advisory for Herron Todd White (HTW), confirming his resignation from CoreLogic late last week,…
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Rent.com.au posts a loss for the 2019 financial year
Australian rental platform Rent.com.au has posted a loss for the last financial year. The company released it’s annual report to shareholders on Friday and revealed it had generated a net loss of $2,497,183 for the year ended 30 June 2019. This was a slight improvement on the 2018 financial year that saw a $2,822,540 net…
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REA Group announces investment in Managed technology platform
REA Group has announced its investment in Managed, a technology platform created to empower real estate agencies by automating workflows, reporting, payments, invoices and dramatically reducing rental property administration. REA Group Chief Customer Product Officer, Andrew Rechtman, said the announcement reinforced REA's commitment to property management customers. "By working with new software providers, such as…
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Domain partners with RateMyAgent to “supercharge” agent exposure
Domain and real estate agent reviews and ratings ebsite RateMyAgent have today announced a partnership that will see Domain showcase recommendations from RateMyAgent across participating agents and agencies profiles on domain.com.au. The partnership will improve the service each platform provides to real estate agents, helping to build their brand and drive market share. RateMyAgent counts more than 670,000…
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BizCover offers Qantas Points on Business Insurance
Business insurance provider, BizCover, has announced an exclusive partnership with Qantas Business Rewards, allowing its customers to earn Qantas Points on small business insurance. The partnership between BizCover and Qantas Business Rewards is an opportunity for small business owners to capitalise on an ecosystem of partners that reward customers for spending money on their everyday…
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New data from OpenAgent reveals the behaviours of top-performing agents
The behaviours that differentiate top performing agents from those in the middle and bottom of the pack are consistency, persistence, attitude and thoroughness, new research shows. An analysis of the listing success of more than 2000 agents across Australia by referral partner OpenAgent has revealed the first quantifiable data to identify the behaviours – and…
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Domain Profits Down But Upbeat About Outlook
Releasing their full-year Financial Results last week, Domain Group’s profits have fallen 30 per cent compared to last year, with the property slowdown in its major markets of Sydney and Melbourne hurting the bottom line. After an ‘extraordinary’ series of events, listing volumes around the country were down 20% to what is a 20-year low.…
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Measure it and manage it: PropertyMe
“If you can’t measure it you can’t manage it”, and according to Lisa Pentland of PropertyMe, that’s just one of the reasons more and more large real estate offices are making the change from legacy products to PropertyMe’s Cloud platform. PropertyMe is online property management software for property managers that allows them to save time…
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Domain has launched school-based search experience
In an Australian property listing portal first, Domain Group (ASX: DHG) has launched a new school-based search experience allowing property-searching parents to search by school name on Domain and find properties in that school catchment area. Until now, it has been difficult for parents with specific schools or school catchments in mind to access school…
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Rockend acquired by global software provider
MRI Software (“MRI”), a global provider of real estate software solutions has acquired Australian market leader Rockend. For MRI the acquisition expands their offering in the Australia and New Zealand markets, bringing with it more than 6,000 clients and 750,000 strata lots in the residential property management rental and strata sector. “Acquiring Rockend represents a…
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Property app Soho signs PRDnationwide
Social property app Soho has just signed over 400 PRD nationwide Real Estate agents and 80 offices across Australia The collaboration allows users more ways to discover properties on Soho, while also being updated on daily market insights into real estate trends. Property seekers will now get all their property needs more easily, and in…
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Cost effective content marketing platform makes it easy for agents to share
A new platform has recently launched to help agents share information about listing, selling and buying property. RealContent.guru was founded by Kylie Davis and delivers downloadable articles written from the perspective of a property professional providing advice to a client. "Marketing and promoting yourself as an agent has changed dramatically over the past few years,"…
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CoreLogic launches a new home loan analytics portfolio, merging portfolio and property data
CoreLogic has launched a new home loan analytics portfolio, merging portfolio and property data to assist lenders operating in changing market conditions. According to CoreLogic Executive Head of Data, Analytics and Solutions, Tracey Ah Hee, this analysis solution will help lenders to identify portfolio blind spots. “We match a lender’s existing portfolio data to property-specific…
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Bendigo Bank reduces their owner-occupied home loan variable interest rates
Bendigo Bank has announced it is decreasing its Bendigo Express Home Loan and Basic Home Loan variable interest rates. Bendigo Bank Executive, Consumer Banking, Richard Fennell said the changes introduced will enhance customer experience by providing greater choice. "Some of our customers, particularly first home buyers, may prefer the assisted home loan journey and market-leading…
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Auction Tool Gavl to facilitate electronic signatures and transfers
Real estate auction platform Gavl has launched new features on its app, making it easier for buyers and vendors to sign contracts electronically and complete deposit transfers. Commenting on the updates, Gavl co-founder Joel Smith said he hopes to make Gavl the one-stop shop to complete auction transactions. “The additional tools that Gavl provides on…
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realestate.com.au aims to simplify tenant selection with new verification tool
realestate.com.au recently launched Tenant Verification that aims to simplify the tenant selection process. Available through the 1form platform, Tenant Verification is a service aimed at helping prospective tenants submit a more complete application by verifying identity documents and rental history. How it works For a fee of $29 (payable by the tenant) the report details…
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Peer to peer office space market gets a reboot
Australian PropTech disrupter Rubberdesk recently announced the relaunch of its peer to peer marketplace for businesses. Through the platform, businesses are able to earn money by renting out their spare office space on a monthly basis. The platform currently has over 15,000 spaces available to rent, with the relaunch adding extended three-, six- and 12-monthly…
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Victorian buyers agent announces tech report card grading system for prestige properties
A property inspection portal has been launched claiming to help future home buyers narrow down their search to almost half the time it would normally take. The portal is the brainchild of national buyer agency start-up BuyerX, who say they are attempting to transform the home-buying experience by combining local area specialisation smart technology. The…
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Record price for Melbourne Penthouse with $30M sale
Luxury property developer GURNER™ has broken Melbourne’s price record for the most expensive apartment sale, contracting a $30m penthouse at its ultra-luxury Saint Moritz development in St Kilda to a high-profile Melbourne family. The sale, contracted off-market prior to the development’s slated public launch in June this year has achieved an unprecedented $40,000 per square…
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realestate.com.au announced as official online property partner for the 2019 Toyota AFL Premiership Season
Realestate.com.au will be the official online property partner for the 2019 Toyota AFL Premiership Season. In addition to the official online property partner of the AFL, realestate.com.au will also be the naming rights partner for the AFLX 2019. The agreement builds on realestate.com.au’s existing sponsorship with the Sydney Swans, which will continue in 2019. REA Group…
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Online platform allows buyer to purchase home while shopping for groceries
Ipswich Real Estate’s Dylan Ansems and Jason McNamara are savvy users of technology. When they listed a property in Woodend, their Click2Offer system sent an email to alert all parties interested in property that it was now open for online offers (over $365,000). When the email notification popped up on one parties phone, she immediately registered…
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Queensland proptech company brings on several big names in advisor roles
Brisbane-based OurProperty, a proptech in the property management space, has started 2019 with a bang, bringing on several big names in the property industry as its new board of advisors. The company, which develops property management products, has brought on the advisors to support its ongoing goal of becoming a major player in the property…
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Purplebricks launches new ad campaign, focuses on taking down ‘commission collectors’
Purplebricks Australia has today unveiled an advertising campaign led by media personality Barry Du Bois. The campaign encourages Australians to question the real estate industry’s ‘commission collecting’ model. Encompassing television commercials, digital banners and radio spots, the nationwide campaign challenges Australians to consider how they can get the best return when selling their home. Mr Du…
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Global PropTech data platform launches with more than 6,000 listings
Unissu.com has today launched its platform to the property industry. The business, which has classified over 6000 PropTech businesses from around the world, aims to help property professionals navigate the ongoing digital transformation of the industry. Having raised substantial funding from a wide investor base the platform offers real estate industry participants to register and…
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Owen Wilson appointed Chief Executive Officer of REA Group
In an announcement to the ASX today, REA Group has announced that Owen Wilson will be taking over from Tracey Fellows as CEO when she steps down from the role in 2019. Ms Fellows is moving to New York to take on a new role as President of Global Digital Real Estate with REA Group…
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Domain purchases Commercial View
Domain have made their first acquisition since the Nine takeover, purchasing Commercialview.com.au. The move comes after the announcement last week that Chief Sales Officer Tom Ainsworth had been made redundant after CEO Jason Pellegrino had made the decision to restructure the business. The acquisition is occurring via Commercial Real Estate Media (CREM) which is a…
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1form launches Tenant Verification
Realestate.com.au's 1form is making tenant selection easier and faster with this week's launch of Tenant Verification. The new feature will allow potential tenants to submit a more complete application, by checking their identity documents (Australian driver's licence or Australian passport) through Australian Government Document Verification Service and National Tenancy Database checks, together with court record checks,…
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Survey results show what really makes property managers happy
Property software provider Rockend has released the results of their 2018 Voice of the Australian Property Management survey which has shown how property managers really feel about their industry. The survey of 1,034 property management professions, including property managers, principals, heads of departments, BDMs and trust managers, was aimed at establishing a benchmark for the…
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Tom Ainsworth receives redundancy from Domain as restructure is announced
Domain’s chief sales officer Tom Ainsworth has been made redundant as CEO Jason Pellegrino makes major restructuring changes in the business. According to a memo sent to Domain staff yesterday, the restructure will see the business split into two main arms - B2B and B2C. The split has seen the former chief product and customer…
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realestate.com.au launches Agent Ratings and Reviews
realestate.com.au has launched Agent Ratings and Reviews as a free, unbiased platform to help agents get noticed by more people on the website. Agent Ratings and Reviews will go live to consumers on realestate.com.au in early 2019, giving agents time to look their best by gathering real, authentic reviews from past buyers and sellers ready…
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PEXA Plus hopes to streamline the workload for online property transactions
Property Exchange Australia (PEXA) has announced that PEXA Plus, a new gateway to online property transactions, is available now in three of the five states it operates in. PEXA Plus provides members with tools to manage their digital conveyancing workload, affording them more time to focus on customer service and growing their operations. Studies show that digital…
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