Powered by MOMENTUM MEDIA
realestatebusiness logo

Breaking news and updates daily. Subscribe to our Newsletter!

Home of the REB Top 100 Agents
Breaking news and updates daily. Subscribe to our newsletter

Website Notifications

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

Neville Pozzi reflects on 45 years of digital revolution

By Grace Ormsby
25 February 2022 | 1 minute read
Neville Pozzi

The outgoing Real Estate Institute of Western Australia (REIWA) chief executive has reflected on his time spent with the institute ahead of his May retirement.

Having started with the REIWA all the way back in 1977, Neville Pozzi commenced in an accounting role and has since held the positions of manager of finance and administration, deputy executive director, general manager of operations and chief financial officer before he took on the CEO role in 2012.

During his tenure, he’s seen a number of changes – with one of the most notable being the changes to technology and the advent of the digital age.

Advertisement
Advertisement

“The internet changed everything,” he said.

“It removed a lot of the barriers to information and empowered the WA public to be more informed about real estate than they ever were before.

“Where market information was once solely supplied by real estate agents, people can now go online and do a lot of that research themselves.” 

Even so, the CEO sees the key role of a real estate agent as unchanging.

“The key role of the real estate agent, which is to objectively oversee transactions, has not changed in more than a century,” Mr Pozzi said.

Calling the role of the real estate agent “as important as ever”, he said: “Technological advances have changed how transactions are executed, but the fundamentals of what a real estate agent does is still critical in ensuring a successful transaction and managing the subjective expectations of buyers and vendors.” 

Looking forward, Mr Pozzi expects real estate transactions will continue to move online, driven by efficiencies in the space.

“I think COVID-19 has really accelerated the need for more technological processes in real estate,” he expressed.

While he is still certain that advancements “will not replace the requirement for a real estate agent”, he does believe the technology’s ability to continue creating efficiencies will “make buying, selling, renting and investing in WA as seamless as possible”.

“The challenge will be to recognise trends before they occur and make sure the right technology is adopted and used by the industry, he professed.

From 2 May 2022, Cath Hart will step into the role of REIWA CEO.  

Neville Pozzi reflects on 45 years of digital revolution
Neville Pozzi 2 reb
lawyersweekly logo

Tags:

ABOUT THE AUTHOR


Grace Ormsby

Grace Ormsby

Grace is a journalist across Momentum property and investment brands. Grace joined Momentum Media in 2018, bringing with her a Bachelor of Laws and a Bachelor of Communication (Journalism) from the University of Newcastle. She’s passionate about delivering easy to digest information and content relevant to her key audiences and stakeholders.

Rankings
rankings
JUST RELEASED
May 09, 2022

REB Top 50 Women in Real Estate 2022

REB is thrilled to present the Top 50 Women in Real Estate 2022 ranking, which sets t ... LEARN MORE

rankings
JUST RELEASED
May 04, 2022

REB Top 100 Agents 2022

Now in its second decade, the REB Top 100 Agents 2022 rankings are the most revered s ... LEARN MORE

rankings
JUST RELEASED
May 02, 2022

REB Top 50 Agents NSW 2022

Even a pandemic has not put the brakes on the unstoppable property market in NSW, whi ... LEARN MORE

rankings
JUST RELEASED
April 27, 2022

REB Top 50 Agents VIC 2022

The COVID-19 crisis has not deterred the property market in Victoria, which has been ... LEARN MORE

rankings
JUST RELEASED
April 25, 2022

REB Top 50 Agents QLD 2022

As the property market continues to roar in Brisbane and Queensland, the REB Top 50 A ... LEARN MORE

Coming up

rankings rankings
Do you have an industry update?

top suburbs

12 month growth
Mirador
103.33%
Bawley Point
98.13%
Walla Walla
90.7%
Byron Bay
86.67%
Kiama Heights
85.93%
Greta
84.14%
Nulkaba
81%
South Hobart
78.78%
Diddillibah
76.25%
Lennox Head
73.98%
SEE AREA REPORTS ON SMART PROPERTY INVESTMENT WEBSITE
Subscribe to 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.