Powered by MOMENTUM MEDIA
realestatebusiness logo

News

25 February 2021 Grace Ormsby

Magnolia’s takeover review quashed

News

25 February 2021 Maja Garaca Djurdjevic

Regional housing needs reform: REIA

Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.

news image

Another commercial agent jumps ship in Brisbane

February 26, 2021Grace Ormsby

In another big win for Agency HQ Commercial, the independent real estate business has nabbed yet another top agent from a major network. ...

REB_top100agents
top 10 agents

1

Alexander Phillips

Year of Experience: 20

Support Staff: 3

Residential Properties Sold: 215

Total Value of Residential Properties Sold:

$ 522,477,791

VIEW COMPLETE REPORT

Have you experienced sexual harassment or bullying in the workplace?

Yes, I've been the victim of sexual harassment (15.8%)
Yes, I've been the victim of workplace bullying (21.1%)
No (63.2%)

Total votes: 19
The voting for this poll has ended on: April 30, 2020
TECH MARKETING SALES BETTER BUSINESS PROPERTY MANAGEMENT
REA website laptop reb Property platform proves its popularity

Australians are turning to real estate websites by the millions in 2021. ...

Facebook login reb Facebook backs down on news ban

Following discussions with the Australian government, Facebook has announced the reinstatement of the sharing of news on ...

wall calendar reb Functionality facelift opens doors for new CRM cal ...

Rex has revealed a brand-new product for agents — a purpose-built calendar. ...

Daniel Bignold reb Less stress: New solution enables ‘apples to app ...

A new white-labelled digital offer management solution has been revealed to market, allowing the generation of legally b ...

David Highland What it takes to be an award-winning agency

This episode of Secrets of the Top 100 Agents sees Grace Ormsby joined by the Principal of the Year – Metropolitan and ...

Jodi Ford Insights from REB’s Industry Thought Leader of t ...

This episode of Secrets of the Top 100 Agents sees Grace Ormsby joined by the winner of the Industry Thought Leader of t ...

Sean Smit REB Business Empowerment Showcase: How reviews can ...

How much emphasis are you placing on customer and client reviews? ...

Mark Nunn and Peter Burley The agency directors at the top of the game

This episode of Secrets of the Top 100 Agents sees Grace Ormsby joined by the directors of Buxton Ballarat — the numbe ...

David Highland What it takes to be an award-winning agency

This episode of Secrets of the Top 100 Agents sees Grace Ormsby joined by the Principal of the Year – Metropolitan and ...

Jodi Ford Insights from REB’s Industry Thought Leader of t ...

This episode of Secrets of the Top 100 Agents sees Grace Ormsby joined by the winner of the Industry Thought Leader of t ...

Sean Smit REB Business Empowerment Showcase: How reviews can ...

How much emphasis are you placing on customer and client reviews? ...

Mark Nunn and Peter Burley The agency directors at the top of the game

This episode of Secrets of the Top 100 Agents sees Grace Ormsby joined by the directors of Buxton Ballarat — the numbe ...

Positive Mindset in Business reb The impact of a positive mindset in the business o ...

Let’s be real: running a business or an office is stressful. Here’s a quick rundown of some insights on keeping yo ...

Cameron Black reb Lies and statistics: Has the property market actua ...

It seems like there has been a huge change of sentiment in the last month as a confluence of factors has come together t ...

short 850x400 june2019 How to get that big win

Getting a big win is more than just sales. It involves strategic planning and setting goals, according to real estate bu ...

MeganSmith 050719 cropped Ray White’s Megan Smith sells $14m property in B ...

Ray White Balmain sales dynamo Megan Smith has sold one of the most expensive houses in Australia this year, with the pr ...

Blake Mariner reb 4 ways BDMs can better add value to their business

The importance of a BDM in any real estate business should not be underestimated, according to an award-winning one, who ...

sydney apartment block reb Tough times ahead for inner-city unit landlords

An economist has warned that Sydney and Melbourne’s inner-city apartment glut is showing no signs of easing. ...

Anna Molinaro reb What it takes to be an excellent property manager ...

The only way is up for property managers who possess the skills needed to succeed post-COVID-19, according to an award-w ...

Alexandra Gonsalves reb How a new car and horse float have helped this BDM ...

By looking to the big picture, a BDM was able to pull off a successful 2020 in spite of COVID-19 wreaking havoc on her n ...

EVENTS
REBAWARDS Listready
Real Estate Business Awards 2020

The REB Awards is the benchmark of success in the Australian real estate industry. It reflects not only the business astuteness of the country’s leading real estate operators and networks..

Learn more >
FROM THE WEB
Recommended by Spike Native Network
Do you have an industry update?
rpm logo latest

Airbnb proptech start-up expands after extraordinary growth

12 February 2019 Tim Neary
Byron Bay

One of Australia’s leading Airbnb property management companies has expanded its offering, moving into two of Australia’s top tourism destinations, after demand for its service has skyrocketed.

Hometime has launched into the Sunshine Coast and Byron Bay markets.

The move follows the VC-backed start-up’s phenomenal 750 per cent revenue growth in the last 18 months, making it one of the fastest-growing Airbnb management companies in Australia and New Zealand.

Advertisement
Advertisement

Co-founder and COO William Crock said the growth has been driven in large by a market consolidation approach.

He said that this is complimented by the firm “quickly” cementing itself as the partner of choice for a selection of networks across Australia. 
 
“Thanks to a continued tourism boom, the market is expanding rapidly in Australia and there is a growing appetite for Airbnb rentals in hotspots like the Sunshine Coast and Byron Bay.

“As Airbnb’s only official partner in the region, we work closely with them to continue our expansion. Our sophisticated technology enables us to continue to deliver exceptional service as we scale rapidly and open up more markets.”

Multiple time zones

Mr Crock said the business has grown rapidly.

“Since starting the business three years ago, we’ve grown our team from five to nearly 100 people, spanning across five countries and multiple time zones. We operate a 24/7 service almost entirely in the cloud, which means we are able to adapt and expand quickly, despite the high-volume nature of our business.”

He said that Hometime assists hosts by enabling them to put their Airbnb properties on “autopilot”.

“Airbnb hosts using Hometime can earn up to 20 per cent more from their listing,” Mr Crock said.

“We also ensure hosts’ occupancy rates are as high as possible — meaning many of them can earn up to 50 per cent more than they would through a long-term let.”

Hometime business development manager on the Sunshine Coast Jordan Brown said the business opportunity is extensive.

“Growing up on the Sunshine Coast, I know first-hand the potential of the local market for Airbnb accommodation and the opportunity here for Hometime. As well as being a thriving area for tourism, a vast majority of Airbnb rentals on the Sunshine Coast are managed part-time by agencies whose primary focus is real estate,” he said.

“We could see that owners weren’t getting the returns that their properties were capable of. Unlike the traditional rental services, we offer above-market returns and we’re looking forward to bringing increased earning opportunities to local hosts.”

Founded in Sydney in 2016, Hometime is an Airbnb partner in the Asia-Pacific region. The Sunshine Coast and Byron Bay will bring its markets to seven across Australia and New Zealand.

Airbnb proptech start-up expands after extraordinary growth
byron bay reb
lawyersweekly logo
FROM THE WEB
Recommended by Spike Native Network
Do you have an industry update?
REAL ESTATE BUSINESS NEWSLETTER
Ensure you never miss an issue of the Real Estate Business Bulletin. Enter your email to receive the latest real estate advice and tools to help you sell.