SUPPLIER NEWS
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Cops called after ‘too busy’ home open
Have you ever had home opens so busy, the neighbours suspect foul play and call the cops? Adam Whitford of Xceed Real Estate was in disbelief when SWAT police turned up at the property he was selling, 5 Pebble Beach Edge, in Connolly Western Australia. The three-bedroom property was a…
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Home Live develops a purpose-built streaming platform likened to “Zoom” for the real estate industry
Extreme isolation and social-distancing measures due to the COVID-19 pandemic have made remote communication tools such as video conferencing no longer a nice-to-have. When it comes to the real estate industry, Home Live Co-Founder and CEO Luke Watson shared results from a recent study conducted by Home Live which revealed 76 per cent of respondents would request a live-streamed property…
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:Different appoints first Head of Leasing and launches rent roll management service
Australian property management company, :Different has appointed seasoned real estate expert Kasey McDonald to the newly-created role of Head of Leasing.
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Domain to close the door on private landlords
Domain is making some major changes to its self-service ads offering.
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Inhabit software launches free real estate QR check-in for open homes
Like the MiniDisc and the Beta Video, the QR code seemed destined to be another technology that never quite caught on. Then, the pandemic hit and the QR code was suddenly everywhere. The contactless nature and simplicity of the technology means it’s COVID-safe and everyone can use it. Bill Shields from Inhabit Software says he was sitting at a cafe…
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New webinar to help real estate agents build profitable strategic partnerships
O*NO Legal services led by real estate lawyer Kristen Porter have today announced a new webinar called 'Skyrocket for Real Estate'. The series is designed for principals and senior managers looking to smash their revenue goals - or who are looking to go out on their own. Ms Porter, who…
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Domain to offer a real estate marketing edge with new ‘Early Access’ product
Domain has announced the launch of Early Access, a tool they say will help agents build interest and demand for their vendor’s property before the traditional marketing campaign begins. The product has been designed to add a touchpoint to the traditional sales process which can take some time between the agency agreement being signed and the listing being uploaded to the…
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How to turn a $35K marketing budget into $300,000
On the back of some tricky times for sales agents, marketing strategies have been playing a more important role than we’ve seen for many years. Tulo Sila, leading sales agent from Upstate on Sydney’s Northern Beaches, has started to generate some impressive results for his vendors, thanks to the ability to increase his marketing budget. Mr Sila has been utilising…
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Samsung and Microsoft collaborate to deliver smart property management of the future
Microsoft and Samsung announced a new partnership Monday to build technology for the real estate industry. This collaboration, combining smart appliances and digital cloud technologies, aims at helping to drive improved building operations and maintenance, along with creating better experiences for both service technicians and residents. This new strategic alliance, with pilots currently under development, uses Microsoft’s Azure IoT platform and productivity…
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Openn Negotiation launches in New Zealand
Online selling method, Openn Negotiation, has launched into New Zealand with Carl McNulty of First National Cromwell officially the first agent to use the platform. Mr McNulty has just listed 12C McFelin Road, Cromwell, and is excited to pioneer the selling method following its success in the Australian market. “I was first introduced to Openn Negotiation through an agent-based in…
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Will Ainsworth joins Openn Negotiation
Online selling platform Openn Negotiation has appointed Will Ainsworth, former Principal of McGrath Geelong, as Head of Growth & Training for Australia and New Zealand. Mr Ainsworth was the top selling agent for the McGrath network in Victoria for the last three years, maintaining an impressive record of more than 90 per cent clearance rate and selling more than 100…
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Report reveals lead indicators for property market’s return to form
A long-term study by MCG Quantity Surveyors is helping define investor trends which will flag the property market’s bounce back after COVID-19. MCG’s 1000 Assets report is a progressive, four-year analysis of investor direction and sentiment between January 2016 and December 2019. The report also took a pre-COVID snapshot of ‘normal market’ trends in place prior to the crisis. MCG Managing Director Mike Mortlock…
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Coping through COVID: tools to help you list and sell
Online auctions, virtual property tours and eSignatures are the new normal for selling houses. As agents, vendors and buyers adjust, selecting the right marketing tools could be the difference between a successful sale and a withdrawn property. Nailing the digital experience can be expensive. Creating high quality video, virtual reality walk-throughs and eSigning platforms all costs money. Plus, property styling…
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Openn Negotiation announces partnership with Think Conveyancing
In these challenging times of COVID-19 and the government restrictions surrounding property transactions, many agents have turned to technology to keep things moving. As both Openn Negotiation and Think Conveyancing facilitate digital sales, they’ve teamed up during this time to provide agents and clients with a safe way to transact property. Openn Negotiations Chief Executive…
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Using online sales platforms during COVID-19: words of advice.
With the growing number of COVID-19 cases each day, agents are being forced to limit interactions, physical contact and social gatherings: all staples on every agent’s to-do list. For an industry whose lifeblood is dealing with people, this is a huge curveball to overcome for the real estate sector – agents need to come up with new ways to market…
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Victorian property sells $52k over reserve with Openn Negotiation
Online real estate auction platform Openn Negotiation has reported a successful weekend as the industry turns to the online realm for property auctions. Open Negotiation said its first sale for the weekend occurred at 6pm Friday night, shepherding in a positive weekend of activity. “34 Maitland Street, Geelong West, Victoria has just been successfully sold by Real Estate Geelong agent…
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realestate.com.au to defer price changes; postpone customer events; assures customers of support through “unprecedented conditions”
As the spread of COVID-19 continues to impact the global community, REA has announced this morning they will postpone customer events and provide additional support customers where possible during this time. A statement from Group CEO Owen Wilson this morning said, “We are focused on the health and safety of our employees, their families and our local communities. “We are…
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Relationships in real estate in an era of PropTech
Over the last decade, PropTech has been changing the way the real estate industry operates, but at its core, property is about people. It’s always been said that real estate is a relationships business and even with the influx of PropTech firms that make transactions both easier and more transparent, buyers and sellers still need a certain level of human…
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Domain lodges complaint on Canberra competitor
Zango, the recently launched portal in Canberra has already attracted the ire of local competitor Allhomes, with the former filing an injunction for false and misleading advertising. The injunction, filed in the Federal Court within one day of the portal's launch asks the startup to cease using a variety of marketing statements including: Zango is…
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2020 – New decade, new challenges: How to stay relevant in the digital age
If there’s one thing we know for sure, it’s that the real estate industry is changing – and it’s happening fast. The rate of change is only accelerating and without a doubt will continue to do so in the decade ahead. Driven by new expectations of competitive pricing yet 24/7 personalised service, the sector sits at a junction where implementing…
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realestateview.com.au announces Antony Catalano as newest board member
realestateview.com.au announced the appointment of Antony Catalano as a board member. Catalano and his business partner, Alex Waislitz, now hold the largest interest in realesteview.com.au with an economic stake of 26 percent. This is another venture for the pair who are currently growing their media portfolio alongside the recent acquisition of Australian Community Media (ACM)…
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Vic Real Estate Group turns to Acquire platform for advertising feedback
Greg Hocking Real Estate has announced a partnership with The Today Business to deliver a new approach in real estate advertising to its clients. Greg Hocking Real Estate CEO Greg Hocking said advertising was a significant portion of the total spend of most real estate sales campaigns, but there was an industry-wide problem with lack of visibility regarding the real-time…
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New proptech ListReady is capturing the market with a clever alternative to manage property listing expenses
Marketing is one of the best investments a vendor can make to attract buyers and create competition. An innovative tech-based ‘pay later’ solution is revolutionising this process by providing an alternative to credit cards to cover advertising and other listing-related expenses.
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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 waiting on their previous bond…
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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, after more than five years…
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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 Managed, we will increase operating…
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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 business expenses with Qantas Points.…
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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. Sydney and Mebourne in particular…
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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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