REIP Nexus, a joint venture between REIP and Valocity, provides view.com.au with access to property listings data on over 10 million off-market properties coupled with access to their high-quality Sales Price Estimate.
In addition, REIP members will have their for-sale listings featured on view.com.au.
VMG’s partnership with REIP will add value to VMG’s suite of innovative proptech solutions including view.com.au, Acquire, Propic, AD Group, Today Media, The Property Agency, and Beevo.
This partnership will build on REIP’s commitment to advocating for and supporting real estate professionals.
VMG Executive Chairman, Antony Catalano, said, “We are always looking at ways to ensure our products and services provide the best possible experience for property seekers and to our agent partners.”
“Partnering with REIP Nexus ensures our audience has access to rich data on over 10 million properties to assist them in their property research.
Our property seekers also receive access to REIP Nexus sophisticated Sales Price Estimate tool providing agents and their vendors with an up-to-date price on their property.
These tools work hand in hand with agents to stimulate the market and create potential vendors.”
Carmen Vicelich, Global CEO and Founder of Valocity, said, “We’re excited to be partnering with VMG, and the broader real estate industry, to provide unprecedented insights, real-time data, transparency, and trust to all Australians throughout the homebuying journey.”
“REIP Nexus is a significant and important step for the real estate industry to secure our future relevance and status as our client’s trusted advisors.
Becoming the data provider for View Media Group is a clear reflection of the quality of the data and platform now being delivered by REIP to the industry.”
This is the first initiative REIP and VMG have partnered together as part of their multi-year partnership.
Catalano continued, “Since we launched 13 months ago, view.com.au has seen sales listing volumes grow from less than 130,000 to over 185,000 listings as we quickly chase down the number two position in the portal space in terms of total live listings.
Real estate agencies across the country have embraced view.com.au and its free listings offer.
Agents and vendors have seen never-ending rising advertising costs with annual increases of over 8% per annum from Domain and realestate.com.au while at the same time audiences are increasingly using other channels such as social media.
We believe a free portal in view.com.au, coupled with more effective performance marketing solutions such as our Acquire product, provides better value we have set ourselves the goal of becoming the preferred portal nationally for the industry.”
