Online Listing

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GUEST OBSERVER
Buying a new home in Australia has become as easy as reserving a hotel room online following the release of a new 'Online Reservation System' from ASX-listed property marketplace iBuyNew.com.au.
IBN has developed technology that allows new home buyers to reserve their preferred properties completely online, without the need for any human contact. 
IBN is focused on creating a fairer and more transparent experience for Australian consumers seeking to buy new property, and has already sold more than $500 million worth of property. The platform has thousands of properties across more than 190 developments in Sydney, Melbourne and Brisbane including apartments, townhouses plus house and land packages.
The new online reservation technology is revolutionary in the property market, and enables prospective buyers to access the thousands of properties available via the <a href="https://www.ibuynew.com.au" target="_blank">www.ibuynew.com.au</a> website, and then immediately reserve their preferred property 24/7 without waiting for a real estate agent to become available.
This is a revolutionary development in real estate. To be honest we can't even find anyone globally who has deployed this technology before like the way we have.
We are always looking for ways to make the process of purchasing new property easier for prospective buyers. This system means buyers no longer have to wait for a real estate office to be open in order to put down a deposit on a new property.
We have developed this online reservations system from scratch, and the beauty is that it allows a buyer to reserve their desired property in a matter of minutes at any time of day from anywhere in the world. Even a foreign investor in China can simply log on to the reservations system on our website and secure a property in Australia.
The online reservations system will provide buyers with the most complete list of new developments in Australia, allowing them to access many first release and pre-public release projects before they are generally available as well as potentially taking advantage of additional buyer incentives in the future for those that buy online. 
IBN recently listed on the ASX and is positioning its platform for global growth in the coming years. Last month it acquired Nyko Property, a research and advisory business servicing the needs of mortgage brokers, accountants and financial planners, enabling iBuyNew to also provide research and other information to help buyers make more educated purchasing decisions.
The new online reservation technology means buyers will now be able to view full price lists, floor plans and related property documents, then reserve their chosen property though a simple 3-step process by supplying purchaser, solicitor and deposit payment details.
While most of the Australian real estate industry will shut down over Christmas, prospective buyers will continue to be able to reserve their preferred properties throughout the holiday break via the iBuyNew online reservations system.
iBuyNew is committed to using technology to reshape the new property buying experience, making it fairer, more efficient and more transparent. Our plan is to become the number one destination for new property buyers in Australia.
Mark Mendel, is founder and chief executive officer of iBuyNew.com.au and can be contacted <a href="https://www.ibuynew.com.au/">here.</a>
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Buying property online now as easy as booking a hotel room: Mark Mendel 

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The independent real estate portal Jagonal is for sale after the office leasing website was placed in administration.
Administrators from McGrath Nicol were appointed to Jagonal on November 7 after investors in the three-year-old start-up not to inject more cash for the struggling website.
Final bids for the business close today.
"We've spoken with the administrators and put our hands in the ring for some of the assets," Simon Rose, chief executive of CommercialPropertyGuide.com.au, told the Australian Financial Review.
Jagonal was set up by REA Group alumni Serge Kotlyarov, Andrew Brown and Max Sim in September 2013.
It was backed by a group of investors including founding shareholder Godfrey Franz, a director of Sydney-based Matrix Property Group.
The portal offers leased space across 4500 office buildings and includes a patented 3D office space search. 
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Jagonal for sale after office leasing website goes into administration

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A match-making service for property? 
In an Australian first, Property Whispers has launched an online property match-making service for off-market listings, which matches buyers and their property requirements with suitable off-market properties in their chosen area, as listed by real estate agents. 
According to a media release from Property Whispers, buyers who register on the website (<a href="https://propertywhispers.com.au/" target="_blank">propertywhispers.com.au</a>) do not need to pay fees to access the off-market ‘inner circle’, while real estate agents would be able to reach more buyers.  
This would create a more competitive off-market sales market, it said. 
After its rollout in Sydney, the service aims for a national rollout in the next 12 months.
“Traditionally buyers needed to be on many sales agents’ databases or engage a buyers agent to access properties being sold on the quiet or pre-market,” said Property Whispers co-founder Liane Fletcher. 
“Now, buyers finally have the tool to access off-market properties that specifically match their purchase requirements.” 
Fletcher, a former real estate agent, said agents can now offer vendors not wanting to pay for expensive advertising or those wanting to keep the sale quiet a platform to do so. 
How Property Whispers Works: 
1.Buyers register list their property requirements (property type, bedrooms, bathrooms, parking, price guide, suburb).
2.Real estate agents list their off-market property specifications (property type, bedrooms, bathrooms, parking, price guide, suburb) - only discoverable via a match. No street address is revealed to the buyer.
3.An instant match occurs when a buyer’s property requirements matches an off-market property and the contact details are immediately sent to both buyer and agent so they can make contact.
4.The buyer and real estate agent speak, arrange to meet to view the property and hopefully a sale follows!
While registration is free for buyers, there is a three-month trial period for real estate agents who register online. Thereafter, there is an annual subscription fee. 
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Liane Fletcher launches Property Whispers as online 'property matchmaker' 

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A new property tech platform will allow prospective home buyers to connect with home owners who are willing to entertain offers.
It is being set up by ROKT co-founder Ben Voltz and former commodities banker William Evans (pictured below), who suggest the website allows prospective vendors to dip their toe in the market and see what buyer interest exists.
<img src="https://www.urban.com.au/images/2018/10/31/Nokk%20Founders.JPG" alt="">
The platform, known as NOKK, facilitates a digital doorknock, or letterbox drop, that lets buyers target homes in a specified location, where the owners have indicated they would consider selling, but have not engaged a real estate agent.
The Australian Financial Review reports it will rival another local start-up, Soho, which was founded by Airtasker co-founder Jonathan Lui as a "LinkedIn for property".
NOKK will focus on facilitating connections between buyers and owners in the off-market market.
Voltz said the idea for NOKK came after he moved to Melbourne three years ago.
"I was looking for a house in Albert Park, but there were only 15 properties on the market," he said. 
"I ran 300 letterbox drops and had 18 responses, so that was more than the number of people on market that were willing to have a conversation with me.
"Will and I were boxing at the time and we kept stewing on this idea of how we could build this into a platform."
The pair began building NOKK 18 months ago, investing their own money and raising $1 million in capital from high-net-worth investors.
They include Cadmon Ventures managing director Cameron Low.
NOKK has quickly signed up 7000 users, predominantly from Melbourne, with almost 3000 property listings.
The home owner does not need to post their address, with a radius shown within the selected suburb.
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