One Agency has announced it has formed an alliance with Managed App, as the network looks to drive growth by exploring new technologies.
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Through the partnership, One Agency members will be entitled to exclusive benefits across the proptech platform’s product offerings.
The collaboration comes at a time when both parties are undergoing significant expansions within their respective businesses.
Managed App, which is a comprehensive cloud-based property management platform that offers an alternative to the arduous and expensive process of administering payments via a trust account, currently boasts approximately 58,000 users and is aiming to double this figure in the next 12 months.
Notably, the app raised $5.3 million in its latest funding round in May and secured a three-year exclusive partnership with the Real Estate Institute of Australia (REIA) in July.
For One Agency, the alliance is forged at a period when the network is exponentially expanding its web across the country, with a total of 20 new licences issued so far in 2022.
One Agency’s founder and chief executive Paul Davies stated that the collaboration would allow their members to grow and scale their property management businesses through the automation of rental payments.
Interestingly, Mr Davies revealed that the concept of joining forces was born out of a podcast episode with Managed App’s head of sales Matthew Wilson.
“I’m always surveying the market, on the lookout for new technologies and business services that may have a positive impact on our network of members”, Mr Davies said.
Mr Davies shared his thought process during the encounter, stating: “I was captivated by the innovations Managed App was bringing to market, especially where the automation of rental payments were concerned.”
Expressing his enthusiasm for the new tie-up, Mr Davies encouraged One Agency members to explore new technologies as they look to establish future “best business practices” and consequently drive growth.
Mr Wilson also expressed his zeal for the partnership, commenting that One Agency was “deeply understanding” about the importance of technology in growing an agency — particularly for a property management business.
He also shared the inner workings behind the alliance since its inception. “Since that time we have on-boarded a number of One Agency members to the Managed App platform and my team and I are very excited to be meeting with as many members as we can over the coming year to further demonstrate the scale benefits of automating rental payments,” Mr Wilson said.
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