SUPPLIER NEWS
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Fairfax Media shareholders give green light for Domain to be spun-off
“Under the Separation, Eligible Shareholders will receive one Domain Share for every 10 Fairfax Shares held, allowing Fairfax shareholders to own a direct interest in one of Australia’s leading real estate media and technology services businesses,” Falloon stated. “Fairfax will retain a 60 percent interest in Domain immediately post Separation. Fairfax shareholders will hold the remaining 40 percent of Domain…
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Console Group announces the sale of Property IQ and ADL Software
Console Group has announced the sale and transfer of ownership of PropertyIQ Pty Limited and its subsidiaries PropertyIQ Strata Pty Limited and ADL Software Pty Limited to new owner, Macquarie Bank Limited. The sale transaction was completed in whole today and is effective immediately. PropertyIQ Strata Pty Limited is the business behind PropertyIQ Strata, a specialist strata property management technology…
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Titlexchange partners with Assembly Payments to improve cash flow for conveyancers
Gerard Healy, managing director of Titlexchange, says conveyancers often wait up to 90 days to get paid but Titlexchange’s service significantly reduces the payment tail and improves the business’ cashflow. The company create a bespoke solution with payments solutions provider Assembly Payments, which also powers Airtasker, hipages and Carsales. The feature is the latest addition to Titlexchange’s platform, which matches…
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REA Group re-launches Advantage Program
Andrew Rechtman, Executive General Manager of REA Group, says the philosophy behind the program is to invest in customers and helping to strengthen the real estate industry for the future. “The philosophy behind the program is to assist agents to keep growing and for us to give back to the industry that does so much for us. “The core principle…
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Buyer’s agency Cohen Handler launches education program
The Buyer’s Agent Institute is a five week education program aimed at providing the right information to those who wish to understand what it takes to become a buyer’s agent. Ben Handler, CEO and co-founder of Cohen Handler, says the idea stemmed from the flood of questions and queries Cohen Handler received about the industry, and a lack of sufficient information…
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Direct Connect appoints new Regional Engagement Manager
Rachael has over 21 years of experience in sales, management, and leadership within the real estate industry in both the UK and Australia. This role will see Rachael lead a team of experienced account managers who are focused on knowing the real estate industry and creating relationships with partners, including real estate agents who refer people back to Direct Connect.…
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Rex Software and CRM2Print announce integration
Rex Software says that for over 6,000 agents across 1,000 agencies using the platform, the mundane task of printing, folding, stuffing and posting direct mail is now a thing of the past. In three simple steps, users can send one, fifty or a thousand letters – direct from within Rex. “We’ve always recognised that every agency operates differently – and…
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Downsizing.com.au reaches 100,000 website visits per month
NSW’s Central Coast, Nelson Bay, Port Macquarie and Coffs Harbour, the Gold Coast and Sunshine Coast in Queensland and Hobart in Tasmania are among the website’s most popular retirement destinations. Greg Oddy, of Downsizing.com.au, said overall web traffic is up more than 40 per cent compared to last year and have around 1,500 new email subscribers joining their database each…
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Realestate.com.au top brand improver among Australian millennials
The Index looks at the top brands for word of mouth among Aussie millennials, with realestate.com.au’s experiences and video-led content across web and social resonating with the country’s largest and most technology savvy generation. From 2016 to 2017, realestate.com.au jumped 13 points on the index to be ranked the top brand improver among Australia’s millennial generation, aged 18 to 34 years…
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Storage start-up Spacer raises $2.7 million and acquires Parkhound
The key pillar to Spacer’s strategy has been to source, utilise and commercialise unused ‘space’, typically from households and small businesses. The next phase of growth will focus on offering commercial inventory and car park sharing with the acquisition of Parkhound. “Following our most recent round of funding, the second phase of business growth is focused on tapping into Australia’s…
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REAPIT looking to global expansion following US lead acquisition
The investment partnership combines the deep domain experience and strong track record of Reapit’s existing management team with Accel-KKR’s strategic expertise working with high-growth technology companies. The supplied press release indicated the partnership will enable Reapit to accelerate its growth and innovation, enhance products and services, and expand its technology offering. The Reapit senior management team will continue to be…
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REA Group partners with NAB to launch home loan service
On realestate.com.au Home Loans, buyers can instantly apply for online conditional approval for a home loan powered by NAB and have their finance information overlayed as they search. Or they can access a panel of more than 30 other lenders through realestate.com.au Home Loans. REA Group and NAB announced a strategic partnership in December 2016 with the aim to create an…
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Rentvestment hotspots in Australia for under $600,000
Rentvesting now accounts for one third of all Australian property investments, accounting for $202 billion on loan. With Australian property prices rising by 618% over the past 30 years and national incomes failing to keep up, the rentvestment trend is gaining traction according to Mozo property expert Steve Jovcevski. “The Australian housing market has undergone a period of dramatic change.…
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Property investors reminded that tax deadline is looming
Bradley Beer, the CEO of BMT Tax Depreciation, said that while depreciation deductions provide a valuable opportunity for investors to maximise their cash flow, this could be reduced if they incur penalties from the ATO for failing to lodge their tax returns on time. “Earlier in the year, the government proposed changes to rules surrounding plant and equipment deductions and…
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REA Group accredited as a White Ribbon Workplace
To become accredited, workplaces must spend 18 months demonstrating their commitment to gender equality, increasing awareness within their organisation of the issue, and leading by example within their industry. Over this period REA has implemented many changes to further foster a culture of equity, antiviolence and mutual respect for all its people. It has introduced a training program to help…
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Microsoft Ignite 2017: Tech giant announces focusing on AI and quantum computing
The tech giant, led by CEO Satya Nadella, revealed details about its efforts to use artificial intelligence (AI), data and cloud tech to help customers create the future of business and innovate for the future. In his opening address, Nadella asked the question “How are we going to empower people?”. He went on to say that every piece of technology…
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New e-conveyancing platform Titlexchange tackling inefficiency
The platform digitally automates parts of the conveyancing transaction, and it facilitates completion of the rest of the process by matching property buyers and sellers with a local conveyancer. It also enables stakeholders to the transaction to check the progress of the transaction and communicate directly with their conveyancer. Partnerships with broker platforms including HashChing and eChoice means more than…
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Uber: Over it?
With the mandatory deadlines for complete electronic settlement on the horizon in 2019, there is a lot of distance to cover between the milestones of paper – less paper – and ultimately, paperless transactions. The time and profit created by going paperless is a compelling benefit to real estate agents and business owners, yet according to an industry survey (commissioned…
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How can agents effectively use social media marketing?
Leading an auction in front of over 2 million viewers isn’t something many real estate agents experience over the course of their career. But, for Daniel D’Assisi at Noel Jones Doncaster, who was selected to sell the Block property of Sticks and Wombat, it’s exactly the audience size he can expect on Auction Day. Real Estate Bookings who help connect…
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Airtasker founder launches ‘LinkedIn for real estate’ platform Soho
Soho is a property network and app that makes properties discoverable and to help manage everything about property, from storing files to chatting to an agent or property manager. Describing the platform like ‘LinkedIn for Property’, he says, “The big difference with what we are doing as opposed to other startups is we work closely with the industry to bring…
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Are You Ready for Paper to Turn Off?
Remember when they turned off analogue TV? My nan was really upset about it at the time. “What’s wrong with how TV has always been?” was the main question, but beneath it was fear, deep-seated, that her routine of 5.30pm Wheel of Fortune would be ‘disrupted’. She resisted the change until the mandated switch to digital TV took effect and…
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Industry Supplier Update: Rockend and PropertyTree
TRANSCRIPT: My name’s Alister Maple-Brown. I’m the CEO here at Rockend. Q. What’s new for PropertyTree? So in terms of what’s coming up with PropertyTree, we’re opening up our inspection section of PropertyTree to multiple different inspection app providers through an API. That’s happening at the moment, and that’s to be released in the coming month. And also with Invoice…
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South Australian start-up Augment Space allows anyone to create virtual tours
Using the online platform developed by Augment Space, anyone can upload and easily create interactive virtual tours and walkthroughs. The tools available through the platform are compatible with 360-degree cameras – with a plan to include all mobile devices in the future – and the finished tours can be viewed anywhere, on a mobile phone, a tablet or on a…
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From High Street to Cloud Street
While the feedback of disgust at the concept of using about 10 of these floppy disks for an end of month back-up was unfathomable, it did get me thinking about the time when the now archaic floppy disk was going to be the end of paper; a goal which has been achieved in many industries… but not in property. The…
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realestate.com.au launches ‘Marketplace’ to sell off the plan property
REA Group says demand for property in Australia has reached all-time highs over the last year and buying off-the- plan is becoming more desirable for many. More than 50% of Australians searching on realestate.com.au are now considering buying an off-the-plan property as a way to get into the market at an affordable entry point, while still maintaining their lifestyle. Realestate.com.au’s…
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Realestate.com.au launches ‘This is the Place’ ahead of Spring selling season
“It’s exciting to launch the new campaign right in time for the Spring season to really celebrate that moment when Australians find their ‘place’,” Andrew Rechtman, realestate.com.au Executive General Manager – Residential, said. “When you’re selling your home, you want the most amount of people to see it and when you’re looking for a place to live, you want to…
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The Threat of Fraud Is The Real Fraud
In a recent industry survey conducted by InfoTrack, 40 per cent of real estate agent respondents reported concerns about fraudulent activity when using electronic and digital signature technology. The hyper-vigilance that seems to dissuade agents from digitising contracts doesn’t seem to apply to the same degree of scrutiny to good old-fashioned fraud. The survey indicated that only 2.17 per cent…
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ActivePipe secures $1.8m in seed funding round
“We are not far off opening up a Series A funding round to seriously set up in the US and expand across different geographical locations across the UK,” ActivePipe CEO Ashley Farrugia said. “From what we’ve seen in our extensive research in UK and US markets, our product fit in those markets is exciting. It’s not dissimilar to here as…
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BRICKX Arrives in Adelaide with Bricks from $74
CEO Anthony Millet is pleased to offer investors continuing diversity and an alternative to the Sydney and Melbourne property markets. “We are thrilled to be expanding into Adelaide; our third capital city since launching in September 2016 and our 14th property,” Mr Millet said. BRICKX properties are each put into an individual trust and split into 10,000 units or “Bricks”.…
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View.com.au partners with Independent Media Publishers
The partnership with Independent Media Publishers (IMP) follows a decision by realestateview.com.au to rebrand as view.com.au and launch Property 360, a property price estimate tool of over 10 million properties offering consumers the ability to track the value of their home and calculate property price estimates. View.com.au says the commercial cross-promotional arrangement with IMP will provide the portal with increased…
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How to respond to queries from clients faster and more cost effectively
Launching the new PM Assist service at ARPM 2017, Aimee Engelmann, CEO of outsourcing company Beepo, said one of the key factors of the growing pressure comes back to people and resources, with the allocation of workloads and the growing amount of administration within the sector. “A leading brand recently blind surveyed their offices and found that over 200 of…
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Snug.com launches BondCover to free up rental bonds
Rental community platform startup Snug.com is launching its first feature, BondCover, a surety bond designed to transform the rental market by freeing up $4 billion worth of rental bonds. “With 2.5 million renters across Australia, it’s time to recognise good renting,” says Justin Butterworth, Founder of Snug. “The current cash bond system is completely outdated, and the resulting liquidity and…
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Danielle Mariu of Port Hedland, WA wins Josh Phegan’s Changed Agent Award for 2017
The Josh Phegan team held their annual Blue-print conference in Sydney at the stunning IVY in George Street on Tuesday the 15th and Wednesday the 16th of August 2017. At the event, four incredible finalists from across Australia were invited to share their story of triumphs from humble beginnings in the annual Changed Agent Awards proudly supported by Agent Box.…
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InspectSafe: Streamlining the inspection process
InspectSafe is the latest inspection management solution transforming the way residential property inspections are managed across Australia and New Zealand. It is an inspection app that provides essential personal safety features for property managers, whilst delivering peak efficiency and the real-time outcomes which property owners expect from professional management. InspectSafe captures key information from all trust systems and covers all…
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ActivePipe big winners in Australian Business Awards
Melbourne-based technology start-up ActivePipe has been recognised as an ABA 100 Winner in the Technology Innovation, Marketing Innovation and Software Innovation categories of the Australian Business Awards 2017. ActivePipe specialises in automated communications for real estate and has created technology to improve the way real estate agents communicate with their customers. Now in their fifth year, The Australian Business Awards…
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