SUPPLIER NEWS
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Fairfax confirms Domain will begin trading in Mid-November
Fairfax Media expects Domain to begin trading in mid-November after it separately lists the real estate classifieds and services business, the AFR reports. Fairfax released details of the spin-off following the release of their full year results, which saw the publisher report a net profit of $84 million. Fairfax also reported a six per cent reduction in operating costs, thanks…
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Reapit launch new digital module to enable 24/7 interaction with clients
The new digital tools are fully integrated with Reapit’s CRM software to support the ultimate customer service experience by offering clients choice and flexibility on how and when they communicate with agents. Changes made in the CRM software are immediately reflected in the digital portal and vice versa. RPS Digital allows vendors to make real-time property appraisal bookings by displaying…
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view.com.au launches new Property Price Estimates tool
In preparation for the upcoming spring selling season, view.com.au (formally known as realestateview.com.au) have launched a new data-driven portal that will empower buyers, sellers, and renters by giving them access to detailed property insights. The new portal features an insights tool called Property 360, which includes over 10 million properties that allows people to track the value of their home, calculate…
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Domain launches open API
Domain Group has launched an open API allowing developers, businesses, and partners to access the company’s property datasets. “This is the first move of its kind in Australia’s property space and one that has the power to reshape the future of innovation for the industry,” said Simon Farrugia, Senior Product Manager, Platforms & API at Domain Group. “To date, it…
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360 Rooms app allows creation of virtual tours for properties
Real estate agents and property managers can now create their own immersive virtual tours in less than 10 minutes, for only $10 each, using the 360 Rooms app. The app is free to download and pairs with the Ricoh Theta S camera to instantly capture 360 photos and stitch them together into a seamless virtual tour. The tours can be…
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REIWA partners with CoreLogic to provide recent WA sale data
A new partnership between REIWA and CoreLogic means the recent sales results reported on reiwa.com will now appear within RP Data Professional, giving agents access to accurate data within one of Australia’s best property data and analytic platforms. CoreLogic CEO Lisa Claes said the partnership was in works for a number of years. “We are absolutely delighted that now our…
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@realty launches training academy for group members
@realty has launched a training academy for its 400 agents around Australia to upskill and expand learning for members. The Queensland-based group, under the leadership of JJ (James) Taylor, is teaming up with industry-leading trainers to provide training for innovative products and upskilling in particular areas. Mr Taylor said education is key to being an agent who can adapt to…
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Investors to get a say on depreciation changes proposed in 2017 Federal Budget
The Australian Government has released draft legislation for public consultation that provides property investors with the opportunity to have their say around proposed changes to depreciation deductions that were announced in this year’s Federal Budget. According to Bradley Beer, the Chief Executive Officer of BMT Tax Depreciation, the integrity measures in the exposure draft released by the government provide further…
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Real Estate Bookings and REX Software announce integration
Real Estate Bookings have announced another CRM integration, this time with REX Software, allowing real estate agencies to synchronise contacts and leads from a variety of sources. These sources include capturing buyer/tenant enquiry from a range of online channels including things like Facebook/Instagram, property websites and real estate portals, while the Real Estate Bookings Open Home app also records attendees…
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Urbane Property streaming auctions live
Dealing with crowds and sticky beaks is a thing of the past for buyers, who can now bid on Sydney property with ease from the comfort of their own home. Boutique inner west agency Urbane Property is offering buyers a technology platform to live stream auctions and participate in the bidding remotely. George Nikos, owner of Urbane Property, said the…
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Houzz raises $400m at funding round
Home renovation and design platform Houzz has raised $400 million in their funding round, taking the valuation of the company to $4 billion. The company, one of the highest-valued consumer startups, was founded in 2009 in California by a couple looking to renovate their home. Since then, it has launched in 14 countries outside the US and the Houzz marketplace…
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Brickx bursts into Brunswick West with Bricks from $99
Australians can now invest in a house in Brunswick West from $99 with Brickx. CEO Anthony Millet expects this latest offering in Melbourne to be popular with investors further adding to the current Melbourne portfolio of Prahran and Port Melbourne. “We’re thrilled to provide access to such a stunningly transformed terrace at an affordable entry price of just under $100,”…
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Well Wishing Solutions to provide community engagement workshops
Ask yourself some questions: Are you a valuable resource for your community? Are you consistently interacting with those that live in your suburb? And finally, who would you rather do business with, someone well known and trusted or someone else? Well Wishing Solutions can show you how to improve your local connections by working with you and providing local marketing…
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realestate.com.au rental listings find a second home on Flatmates.com.au
realestate.com.au have announced that rental property listings on the site will also now be syndicated on Flatmates.com.au, improving the audience reach of listings at no additional cost. Flatmates.com.au is for people looking to find a room in a share house or for people looking for a new flatmate. It’s also for people looking to ‘Teamup’ with fellow rental seekers to…
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Apple: Coming Soon to an Office or Home near you
Apple’s keynote at the Worldwide Developers Conference 2017 just wrapped up in California where CEO Tim Cook and key executives took to the stage to announce updates headed to iPhone, MacBooks, Apple TV and more. Among its swag of new products and software, Apple unveiled a smart speaker and heralded a new wave of smarter augmented reality in iPhones. 1.…
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Rex Software launches CRM app Pocket by Rex
Rex Software is proud to unveil a first full-featured mobile CRM app for real estate agents: Pocket by Rex. Now available for iOS on the App Store and for Android on Google Play. Conducting client surveys in 2016, the results indicated to REX that agents spend anywhere from 60-80% of their working lives out of the office. A year in the…
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Box+Dice and Real Estate Bookings announces integration
Real estate agencies who use Box+Dice and Real Estate Bookings are now able to utilise the functionality of both platforms together with the recent announcement of their integration. Scott Parrot – COO at Box+Dice “Box+Dice software is always looking to provide value for our clients. Real Estate is an online business and with Real Estate Bookings feeding all buyer enquiries…
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New Auction Payment App on Track for Spring Sales Launch
The days of property buyers having to roll up to auctions armed with cheque books they might never otherwise use appear to be numbered with Macquarie Bank on track to launch Australia’s first electronic auction payment application in time for the spring auction season. About a dozen agents in NSW and Victoria are now piloting the DEFT AuctionPay app, which…
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Static LED displays light up real estate agents’ bottom line
Australia’s real estate agents – whether in busy city locations or more relaxed regional settlements – are finding that backlit window displays that present their properties and services in the most appealing light are not only enhancing customer relations but increasing revenue and profitability. One such agent is Sydney’s Perry English, while some 4,000km away in the WA resort town…
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Rentvesting – a triple play opportunity for the entire agency
Is it possible to turn a buyer into a landlord and then a tenant in the same transaction, and help them save a dollar in the process? BMT Tax Depreciation believes that many new investors pursuing a strategy of ‘rentvesting’ may be leaving thousands of dollars of legitimate tax savings on the table by not using tax depreciation. Working with…
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REA and Launch Housing partner to help women in need
REA and Launch Housing formed a partnership three years ago to help women and children in need to secure accommodation. Together they have raised a total of $600,000 in cash and helped more than 1,367 women and children to sleep more comfortably. The partnership was born out of a company vision at REA to empower people to make property stress…
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Permit Ready Rebrands To Development Ready In Time For Expansion
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…
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CoreLogic appoints Geoff White as State Director For Victoria & Tasmania
The former head of Real Estate Institute of Victoria (REIV) Geoff White has been named as CoreLogic newest state director for Victoria & Tasmania. His appointment takes effect as of today. In a statement on Monday, White said he was elated with the opportunity as this will enable him to assist thousands of SME businesses to grow and improve their…
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What will property management look like in 2030?
Change is happening at a rapid rate and now more than ever is the time for business owners and property management departments to become aware, educated and in the know of these changes, innovations and disruptions that are taking place or you could be left behind with an outdated business, while your competitors are moving ahead. The reality is… no…
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Crystalknows, a software that helps a person write emails the correct way
US-based software Crystalknows is an AI type software that helps users write emails in a tone that would connect more specifically to their recipients. Email app Crystalknows thinks it knows how you like to be spoken to, and also knows how others like to be spoken to. The software looks at characteristics of a person according to the public information…
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What is the state of leadership in real estate?
Research is currently being conducted to understand the state of leadership in real estate to help principals and managers build their skills. CoreLogic, together with TMJ COACHING, are surveying real estate agents across all levels to gather insights into the key issues leaders face in the industry, how well prepared they feel to deal with those issues and the different…
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Landchecker, helps buyers do due diligence on properties for free
A Melbourne-based company Landchecker has created a free tool for anyone looking to do their due diligence on Victorian property. Developed two years off the back of the government’s initiative to foster innovation through open source data, Landchecker is a user friendly, colour coded map that updates with property planning information such as planning zones, planning overlays, permit activity, bushfire…
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RatemyAgent award winners announced
The RateMyAgent 2017 Agent of the Year Award winners were been announced this morning, recognising those agents and agencies who have been the most consistently recommended in the system by their customers in 2016. Taking out the national title of Agent of the Year for Australia is Victorian based agent, Tim Heavyside, of Fletchers Canterbury, Victoria; while Phillips Pantzer and…
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Rent360 launches online marketplace for property management
Saying they are set to disrupt traditional property management businesses, startup Rent360 has launched an Australian online marketplace for property management that allows independent pm specialists to establish their own businesses. Co-Founder and Chief Operating Officer Penelope Valentine explained how the platform works: “Rent360’s recommendation engine matches property investors with up to three of the best suited property managers servicing the…
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Uber No Challenge to Tradies
Tech start-ups may have displaced paper directories like the Yellow Pages, but tradies are not at risk of being ‘Uber-fied’, ServiceSeeking.com.au chief Jeremy Levitt said. Many industries have been disrupted by similar on-demand software, not just taxis – but also food delivery with the likes of Deliveroo and Foodora, and even relationships through Tinder. Since the 2007 launch of ServiceSeeking.com.au,…
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New Workplace Technology combats Employee Disengagement for the Real Estate Industry
Real Estate Dynamics has recently launched REDlinx the Real Estate specific communication hub to help agencies improve team engagement and inter-office communication. The need for this product came from coaching over 400 agencies for the past three years and identifying the high rate of disengagement of employees, the company said in a recent statement. The REDlinx platform enables an Agency’s…
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Real Estate Results Network 2016 Award Winners
Top performing independent real estate agents from the Real Estate Results Network (RERN) in Australia and New Zealand were celebrated at the 11th annual awards (ARERAs) held in Sydney on Monday night. This year’s ARERAs were strongly contested, seeing between five and nine finalists vying for the top honour in many of the individual and agency categories. The Roaring Twenties-themed…
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REA Group Posts Strong H1 Result for Investors
Last week, REA Group announced its results for the half year ended 31 December 2016. Financial Highlights, despite lower total listing volumes overall, include: Revenue growth of 16% An increase in EBITDA of 13% Interim dividend of 40 cents per share, up 11% The revenue growth is attributed to a 13% increase in the Australian residential business, plus inclusion of iProperty revenue,…
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