SUPPLIER NEWS
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EAC delivers competitive advantage with Immoviewer 360
The Estate Agent’s Co-operative has announced the internal adoption of the Immoviewer 360 Virtual Reality product technology, allowing to conduct property viewings in Virtual Reality, from anywhere in the world. “Thanks to truly accessible 360 technology, prospects can now experience your properties as if they were really there, but from the comfort of their homes or offices,” says EAC CEO…
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ActivePipe completes $5.9m over-subscribed Series A round to drive global growth
ActivePipe, a Melbourne based automated communications platform for the real estate industry, announced it has successfully completed a $5.9m Series A funding round led by NAB Ventures, and joined by PieLab Venture Partners and other strategic individual investors. The round rapidly follows from the successful closing of a $1.8m pre-Series A round in August 2017. ActivePipe’s advisors were Asia Principal…
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Be ‘quick’ for your free 12-month subscription to Quickrealestate
Is quickrealestate.com.au the next provider to have a major impact on Australia’s real estate industry? With 250 agencies nationwide having subscribed to QRE within six months, and a 90 per cent increase in buyer and tenant alert registrations in the last month, the numbers suggest it is. “We now have a footprint in every major Real Estate marketplace in the…
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Agent Comparison Tool launches on realestate.com.au
Changes have also been made to the agent search experience, with people now able to search and find an agent directly from the main navigation on the realestate.com.au homepage. These changes will drive more people than ever to Agent Profiles and allow consumers to select and compare agents in their preferred suburb. The experience has been designed to empower…
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First time buyers entering the market but face long battle to save deposit
These are the findings of a national report released today by Bankwest, who note 94,135 properties were bought by first home buyers in the year to August 2017. The figure reflects an increase of 5.6% year-on-year since 2015, and accounts for 14.3% of all purchases recorded from January to August. Noting these were encouraging signs in an otherwise cooling market,…
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Real Estate Bookings Announces Integration with Agentbox
Real Estate Bookings, a leading marketing automation platform for real estate agents, is proud to announce advanced integration with Agentbox CRM. This integration means real estate agencies who use Agentbox and Real Estate Bookings can extend their capability and user experience. The Real Estate Bookings digital platform captures client enquiry from a range of online channels. The platform integrates with…
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Is the renovation boom over? Data shows demand for tradies softening
Building approval data provided by the Australian Bureau of Statistics reveals a mixed bag for tradies. Year on year, private sector house approvals are up 4.4 per cent, whereas private sector dwellings excluding houses (for example apartments) are down 5.1 per cent year on year. Some up, some down – so what does this mean? Of concern for tradies is…
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Rent.com.au solves the cats versus dogs debate
New data from Rent.com.au has solved the age-old dog versus cat debate and it’s no surprise that man’s best friend is Australia’s most loved household pet. Rent.com.au’s Pet Resume feature has now exceeded 50,000 resumes, with around one-third of renters choosing to attach a profile for their furry friend to their Renter Resume. “The ability to move into a rental…
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Juwai.com encouraging NZ agents to sell to Chinese buyers before government crackdown
“There is an old saying that a change is also an opportunity. We believe this proposed policy change has activated the group of Chinese buyers. They want to act quickly on transactions that otherwise would have taken many months,” said Jane Lu, Head of Australia for Juwai.com “These buyers previously took their time in researching their transaction and want to…
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Sarah Dawson joins Real+ as Head of Growth
Sarah Dawson has joined Real+ as Head of Growth bringing with her a wealth of knowledge and experience from her 20 years in the real estate industry. Sarah will be working in a senior capacity alongside Real+ CEO Fiona Blayney and General Manager Lauren Kirk and is responsible for the recruitment and outsourcing team and growing the business across the…
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VitrineMedia LED screens transform business of inaugural ‘Pimp my Shopfront’ winner
He’s referring, of course, to the VitrineMedia Backlit LED screens that have given the shopfront of his once dour premises on the town’s main street a vibrant facelift, increased traffic to the windows and contributed to a noticeable rise in sales since First National Gerringong won the inaugural ‘Pimp my Shopfront’ competition in late 2016 and as its prize, received…
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Lisa Herbertson promoted to National Real Estate Digital Editor at News Corp
Lisa Herbertson has been promoted to National Real Estate Digital Editor at News Corp and now oversees digital real estate content across News’ metropolitan mastheads. Lisa had been the NSW Real Estate Digital Producer since February this year, and was a Digital Producer at The Daily Telegraph before that. She tells EA about her experience playing professional hockey and what she…
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Online portal Invex connecting developers to agents
Invex founder Neil Smoli headed up the Aviate Group which he founded in 2001 and in his role saw there was a disconnection between developers and agents. “Investment is a double sided marketplace. One side is developers, of which there are 14,000 developers in the residential space. It’s a very large and fragmented market. In that you have smaller developers…
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Rent.com.au snapshot of the market and Australia’s most expensive and cheapest places to rent
Key points Sydney’s house prices show no sign of falling; prices increased 3.33% to a median of $620/week – still the highest prices in the country by far. Rent.com.au’s October property data indicates the national median remained stable month-on-month; median prices unchanged for apartments, houses and price-per-room (rental affordability). After a downturn in apartment prices in September for Sydney, median…
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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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