SUPPLIER NEWS
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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 one place while also connecting…
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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,” Ms Davis said. “Now, it’s…
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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 data to provide a customer-level…
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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 service excellence of our Bendigo…
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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 the app will ensure buyers…
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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 the results of an identity…
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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 rental terms, online payment processing…
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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 new venture called airopens is…
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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 metre. The price is 20…
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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 General Manager Brand, Marketing and…
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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 and made her first offer…
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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 management tech zone and look…
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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 Bois, a television property expert,…
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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 search for information on all…
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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 majority shareholder News Corp. Mr…
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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 subsidiary of Domain – owned…
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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, and bankruptcy checks conducted by…
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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 feeling of those in 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 experience officer Tony Blamey promoted…
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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 for launch. Agents have the…
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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 conveyancing allows for an average…
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Openn Negotiation hosts charity auction to raise funds for Motor Neurone Disease
As part of The MNDi Foundation’s annual Racing for MNDi Soiree, Openn Negotiation will facilitate the auction of their major prize to maximise the funds raised. The annual Racing for MNDi Soiree will be held at the Crown Perth on 10 December. Racing for MNDi was established in April 2017, with MNDi representing Motor Neurone Disease inherited. With a focus on…
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REA Group posts 17 per cent revenue growth for FY19 Q1
News Corp-owned real estate listings platform REA Group has posted a 17 per cent revenue growth for the first quarter of FY19. Revenue increased to $221.9 million with the company’s EBITDA increasing by 23 per cent to $130.9 million compared to the previous period. This growth was despite tough market conditions; the platform reported a three per cent decline in…
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Link Group to acquire econveyancing platform PEXA for $1.5 billion
Link Group and its partners, including Commonwealth Bank of Australia and Morgan Stanley Infrastructure, have announced their final bid for PEXA has been accepted. Link, which already owns 30 per cent of PEXA, initially made a bid earlier in the year which was knocked back due to PEXA’s plans to list on the Australian Stock Exchange. However, the company was…
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Reapit appoints business development specialist
Reapit has confirmed the appointment of Sam Upleger as Business Development Manager for Reapit Australia. Mr Upleger will be focused on building new business and generating new customers for Reapit’s Property Management and Trust Accounts software. Mr Upleger brings eight years’ experience in real estate sales to Reapit, during which he has worked with companies including Buxton and Kay & Burton…
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realestate.com.au goes international with the launch of Travel
realestate.com.au has launched Travel, a new vertical as part of its popular Lifestyle content experience. Travel joins the five existing Lifestyle categories – Renovating, Indoor Style, Outdoor Living, Organising & Cleaning and Dream Homes – to provide Australians with a truly ‘one stop shop’ for all their inspiration and insights needs on realestate.com.au. To celebrate the launch of Travel, realestate.com.au has…
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Beepo and Rockend partner to provide accreditation for offshore employees
Adequate training is usually one of the biggest challenges in implementing offshore teams. One of the main issues has always been the struggle with a large number of unique software products along with legislative and geographical knowledge requirements. But Beepo has recently decided to tackle this challenge head-on by partnering with Rockend to develop trained resources, otherwise known as ‘Rockend Property…
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Purplebricks evolves Australian offering with new customer experience
Purplebricks has announced a new service offering and experience for customers in Australia. Purplebricks Global COO Neil Tavender said the network were ‘excited’ about the changes they were implementing and the way it would drive the network forward in Australia. “In recent weeks, Kenny Bruce (Co-founder) and our leadership team have travelled the country to speak with all of our agents…
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Domain launches in-house data and insights department
Domain has added a data and insights unit to its content division, Domain Research House. The unit will be led by Tobias Johnstone, content and data director for the department. It will provide Domain readers and clients with insights drawn from internal data. Trent Wiltshire of The Reserve Bank has been appointed as economist for the unit, Domain’s Dr Nicola…
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Openn Negotiation makes push for market share in Victoria with State Manager appointment
Online bidding platform Openn Negotiation is strengthening their position in Victoria with the appointment of Mark Levin as State Manager. Mr Levin brings 18 years’ experience from REA Group, Westpac Bank and STA Travel to the role. Mr Levin is a firm believer in the importance of agents in the buying and selling process, and looks to broaden the Openn…
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Release of innovative AI software set to revolutionise lease management
LeaseInfo, Australia’s largest provider of retail leasing data, has launched Accurait, an advanced digital lease extraction platform set to revolutionise the management of leasing contracts. Accurait is the first in Australia to use artificial intelligence (AI) and machine learning methods as part of the automation process for commercial lease abstraction. The methods were developed in partnership with CSIRO’s Data61, with…
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Industry Supplier Update: Spinify at AREC 2018
Spinify's Matt Bullock spoke to us about how their leaderboard platform works with CRMs and why personalised gamification creates better staff performance.
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Behind the scenes on the Beepo Real Estate Study Tour
TRANSCRIPT I’m really impressed with the the people that they’ve got here, the resources, it’s just mind blowing. I’m actually blown away by the breadth of what staff here can do. They’re highly, highly intelligent people. They’re quite extraordinary really. So I was very very impressed. This tour has been fantastic, that we’ve got to see how everything is set…
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