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5 million tenants tap into booking opens online

By Elyse Perrau
20 January 2015 | 10 minute read
Target

In under 12 months, one industry service provider has helped an extra 2.8 million Australians and New Zealanders find a property, reaching the mega-milestone of 5 million tenant enquiries.

Inspect Real Estate, the unique and innovative technology that allows agents to handle their tenant enquiries, reached the 5 million mark late last Friday night.

In mid-February last year, RPM reported that the online booking system had reached 2.2 million tenant enquiries – and it has since acquired another 2.8 million enquiries in 11 months.

Co-owner of Inspect Real Estate Andrew Reece said the exciting milestone coincided with a record week.

“In the last seven days leading up to the milestone, Inspect Real Estate, was assisting 576 offices in finding tenants for 16,586 properties in Australia and New Zealand,” Mr Reece told RPM.

“The software has helped 130,774 tenant enquiries, which has resulted in new record of 77,612 tenants booking/registering for inspections

“We are very thankful for the industry’s support and we look forward to assisting more offices in the future.”

Mr Reece said if you look at it from an industry perspective that is 77,612 people who have not had to phone an office.

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“You think of the time being saved!” he said.

On future goals, Mr Reece said Inspect Real Estate would like to be right across the industry platform.

“At the moment we are only helping 10 per cent of offices in Australia, obviously we would like to see the industry embrace it because it will save the whole industry so much time.”

Also speaking to RPM, BDM Coach’s Deniz Yusuf said Mr Reece is a former property manager and has been “in the trenches”, so understands the ups and downs of the industry.

“As a leasing agent, I didn’t have the luxury of having a product like Inspect Real Estate that would save me time in phone calls, would tell me if people were coming to opens, would give advice to owners on how many people are going to attend an open that you have got booked in three or four days’ time, and would send reports after an open so you don’t have owners calling you etc,” Mr Yusuf said.

“This tool is saving agencies hours of time per week, so it doesn’t surprise me that the product is as popular as it is getting. 

“It has more than doubled in 12 months; it is scary to really think of the potential of what it could do in another 12 months.” 

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