WHAT IS INNOVATION? It’s more than just ideas – it’s being able to execute a solution that adds true value to a customer. Here are our top 20 real estate industry innovators for 2019.
AGENTBOX
Celebrating 10 years of continual growth and innovation in the real estate industry shows Agentbox is focused and committed
to delivering the best CRM on the market.
Agentbox works closely with Australia’s leading agents to understand their challenges and develop solutions to make
their businesses more productive and profitable each day. Further strengthening
their partnership with Reapit rounds out the property management side.
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CORONIS NOW
A hybrid branded build-your-own-business
model, Coronis Now allows property
managers to build their rent rolls from
home with support on lead generation, trust
accounting, automated systems and more.
Participants keep 70 per cent of revenue
and 50 per cent of the asset value.
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DIAKRIT
The Bangkok HQ firm has continued to
push the boundaries in property marketing
in Australia and around the world.
“Constant product improvements and
stunning photography gives agents the best
possible opportunity to win listings and
sell homes faster.”
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DiJONES
Combining the best of people and
technology allows DiJONES to continue
to set the standard in real estate in the
most competitive areas of NSW. Most
admired: their continual investment in the
development of people, systems, training,
lead generation and recognition.
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EXP REALTY
Bringing their virtual world model to
Australia this year, the company is creating an
environment which allows them to attract top
talent without the constraints of geography
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GILL & HOOPER
Long-time work colleagues Hannah Gill
and Grace Hooper came together to create
a consulting company, Gill & Hooper, and
in the process are reinventing real estate
events. Street MBA allows networking
and learning in small groups - facilitating
unfiltered conversation, practical advice and
an immersive experience. “If you are serious
about your business, StreetMBA is the most
compact way of revolutionising your thinking.
Hearing from the best operators and riffing
late into the evening with your colleagues
on what you learnt and what that means for
changing your business is just invaluable.”
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HMLET
Riding the trend of made-for-sharing living
head-on, Hmlet has opened five projects
in inner-city Sydney including Newtown,
Marrickville, Paddington and Alexandria
plus an ambitious new 82-room project in St
Peters. They raised $55 million in a Series B
funding round in July, to continue to bridge
the gap between affordable, flexible and
secure housing across the Asia Pac Region,
allowing you to live in the big city with short
and long-term commitments.
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INFOTRACK
With cybersecurity on the rise, Infotrack
innovated with the release of Secure
Exchange, a free product that means you
no longer have to send bank details in the
clear via email.
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KEY2 PROPERTY
Taking out the REIT Innovation Award
was one of the 2019 highlights for this
Tassie winner - innovating with the
implementation of 360-degree tours, videos
and ‘bobble head marketing.’
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LONGVIEW REAL ESTATE
If iBuyers are the big sales ‘disruptor’ in the
North American region by guaranteeing
a cash sale price for a property, then datadriven estate agents Longview could be
the new model of ‘iRenting’. Their unique
model of guaranteeing rent for investors
makes them an agency to watch.
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MRI SOFTWARE
This year, the global giant in property
management software acquired local entity
Rockend while also snapping up Leverton,
an artificial intelligence developer that can
dig into commercial leases, find complex
information and distil it into usable, actionable
information. We think this acquisition will
shake up the industry in Australia.
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OUR PROPERTY
Kicking off in 2013 as OurTradie, OurProperty
prides itself on creating state-of-the-art
technology solutions for property managers
and providing cloud-based solutions to
automate their least favourite jobs.
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PIELAB VENTURES
In terms of the Australian PropTech
sector, there is no one more influential
than PieLAB. Having raised $21 million
for a VC fund from the cream of Australia’s
residential real estate companies, including
brands like McGrath, Ray White and
Belle Property, representing in excess of
250 businesses this year, they have been
involved in funding several others, such
as ActivePipe, AiRE, Cloudstaff, Detector
Inspector, Different, HappyCo and others.
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REAL TIME AGENT
“In just under three years, the team at Real
Time Agent have sold through their platform
more than $40 billion worth of property.”
With the release of their newest products
being digital contracts and digital agency
agreements, the RTA platform is said to save
agents 240 minutes per sale. Domain Group
has recently acquired the company
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REALTAIR
Originally designed by experienced agent
Peter Matthews, Realtair Pitch automates
the proposal-to-list process, providing plug
and play capabilities to pitch, sign and track
your activities.
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TALL POPPY REAL ESTATE
A New Zealand firm that is shaking things
up with a high service level, low fee model
and smart technology back-end. With their
single, centralised office model, they have
no expensive overheads, and the team of
salespeople are independently audited on
service delivery, attitude and ability in every
sale. Partnering with AmerIcan app company
BombBomb to provide enhanced face-to-face
communication with clients, they have a 99.8
per cent customer satisfaction rating after
seven years in business.
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THE REIQ
Blockchain-based technology is something
we will likely see more of in the coming years.
The REIQ have put themselves on the front
foot endeavouring to deliver fully digitised
residential tenancy agreements using
blockchain-based technology by the end
of this year. If successful, it should create a
real-time database of rental prices and trends,
meaning more transparency for tenants,
owners and agents.
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TOOP & TOOP
Known for innovation in projects across
technology, finance and marketing
dimensions in their South Australian
business, the Toop family continue to lead
the way in providing the community with
wellness facilities and a nourishing pantry
for staff to boost productivity and positivity.
They are creating a true attraction business
for the coming generations
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URBANX
The Brisbane-based agency led by Dan Argent
has established a commission model for agents
where their agents get paid more they higher
their service ratings are. At the same time,
it has created a platform to allow agents to
start their own business without the risk and
overhead of traditional business ownership.
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VIRTUAL TOURS CREATOR
Virtual Tours Creator (VTC) allows real
estate agents and property managers to
create and publish engaging tours in 30
minutes for as little as $5 per property. “The
service has certainly made an impact on a
few property management businesses I work
with and their clients love the differentiation
- minimising vacancy and getting tenants to
the property that love it before seeing it.”
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