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Aussie proptech puts consolidation of real estate reporting on the cards

By Kyle Robbins
02 December 2022 | 10 minute read
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A proptech service aims to make it easier for Australians to get their hands on the numerous necessary property reports “without having to do any of the heavy lifting”.

Servicing individuals right across the country, Propti “initially sought to take the burden of time and costs off agents and solicitors”, according to co-founder Jacob Isman. 

He has explained how the service’s suite of offerings now includes provision of strata, building and pest, valuation, depreciation, and QS reports. 

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While it was set up to make agents’ lives easier, “buyers and home owners will reap the benefits too”, Mr Isman said. 

He believes the service provides a one-stop process during an increasingly turbulent period for the industry, thanks to the business’ “expansive network of property professionals”. 

Having spent the best part of a year establishing and developing relationships with inspectors and delivering projects with early-stage clients, the team has revealed that the process has now been refined, streamlining the acquisition of reports and “eliminating the need for individuals to engage professionals independently”, a company statement said.

Propti also outlined that the service could save time and remove “the process of researching, reviewing, and requesting reports from relevant providers”.

Users are offered the ability to purchase or download previously repaired reports for specific addresses — or request a new or updated one — with co-founder Greg Blumenthal detailing that the system is designed to empower property professionals. 

He confirmed his belief the services offer benefits to numerous industry professionals, from “strata representatives, real estate agents, and buyers agents to valuers, reporters, and solicitors”.

“Your skills may be beneficial to another’s success,” he said, concluding that collaboration between stakeholders could potentially change “what is meant by property reporting and emphasise an industry-wide commitment to efficiency”.

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