As competition in the property market continues to grow, startups Gavl and FinalCall are looking to help buyers track and participate in auctions remotely.
Through Nesters, sellers take care of things like arranging viewings and answering buyer questions through the app, while agents chase leads and negotiate prices.
BeforeYouBid reduces the cost of property inspection reports using a shared pricing model, whereby reports becomes cheaper based on the number of buyers.
A property is purchased and put into a trust, then split into 10,000 units – or bricks – which can then be bought by investors through Brickx.
REA Group, operator of property platform realestate.com.au, has announced it’s acquiring a 14.7% take in Indian platform PropTiger for US$50 million.
Looking to solve provide users a chance to collect and spend loyalty points across a broad spectrum of merchants and sectors is startup Loyalty App.
Realestate.com.au has launched virtual reality app realestate VR on Daydream, Google’s mobile VR platform to allow consumers to easily check out property.
The gap that stands between millennials and the property market is where new Melbourne startup CoHome has decided to fill. Still in concept stage, CoHome is looking to help millennials co-own a home with their friends, enabling everyone to pitch in and invest.
It’s no surprise that Atlassian cofounders, Mike Cannon-Brookes and Scott Farquhar have once again dominated the BRW Young Rich List. The two tech heavyweights have accumulated wealth of over eight and a half times than that of the runners up.
Property crowdfunding platform CrowdfundUP has raised $2.1m to further develop its technology and expand its team, with expansion into China on the cards.
Melbourne real estate agent review platform RateMyAgent has secured $5 million in funding at a $20 million valuation, which will be used to consolidate the startup’s position in the market and expand internationally.
It’s long been a stereotype, but Sydneysiders young and old truly are obsessed with property. To help fuel those endless conversations about property prices and how millennials will never be able to afford to buy comes Followit, a communications platform connecting consumers with real estate agents.
In their top ten trendiest suburbs listicles, real estate news websites never talk about the mountains of paperwork that come both before and after the auction is won, and for good reason – it’s painful. Buyers and sellers have to liaise with half a dozen different service providers to get a deal done, with each chasing the other up for document after document and signature after signature. Melbourne startup Rundl has created an online platform that aims to streamline the process.
Australia’s biggest property portal, realestate.com.au, has joined forces with Melbourne based 3D visualisation startup Scann3d as well as property developer BPM, to transform the online property ecosystem. As a result, rather than house hunters and property investors having to rely on two-dimensional floor plans to assess the value of an investment, they can walk through an interactive virtual world and explore developments before they exist in the physical world.
Selecting the right real estate is critical in the process of selling your property. But many property owners make that choice blindly, often pulling a name out of the hat due to the overwhelming number of agents to choose from. Australian startup OpenAgent.com.au makes that process easier. Clients visit the site, provide basic details about the property they’d like to sell, and the platform provides real-time real estate agent rankings and recommendations for them.
Nearly 9000 taxi drivers just scored $152 million from Uber as compensation for its illegal launch in Australia 
SISTER ACT: Nicola Forrest drops $100 million into an investment fund to back women 
3 ways Spotify’s annual Wrapped of songs you listen to helps define who you are 
Western Australia launches $150 million startup investment program, backing 7 VCs with $45m 
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