• REIs in WA and SA support online real estate sales platform


    A new online sales platform for real estate agents is being supported by the Real Estate Institutes in Western Australia (REIWA) and South Australia (REISA).

    The platform, REBid, has been designed to be used by real estate agents, while offering benefits to both buyers and sellers.

    Neville Pozzi, CEO of REIWA, said “All industries need to embrace new technologies or they face the risk of digital disruption from outside. At REIWA we have partnered with REBid to offer an online solution that’s not only beneficial to our members, but also enhances the customer experience for the real estate buying public.”

    Greg Troughton, CEO of REISA, said “Best practice and professionalism are a major focus for our members, so we’ve partnered with REBid because the transparency of the online sales transaction enhances the integrity of the sales process.”

    Both Pozzi and Troughton agreed REBid offered an alternative method of sale that would suit some, but not all, properties.

    “It’s always up to the agent, in consultation with the vendor, to choose the most appropriate method of sale for each property – REBid simply offers another option to choose from” they said.

    REBid has been developed by an Adelaide-based company, REBid Pty Ltd, whose founders combine both property and technology experience.

    REBid CEO, Bill Waterhouse, said “In an era when people do just about everything online, we thought it was time for real estate to also embrace the digital age. But we also know that buying and selling a house is usually the biggest financial transaction most people undertake, so the role of the real estate agent is critical – that’s why we’ve set out to work with the industry, not disrupt it.”

    REBid was launched at AREC 2018 on the Gold Coast on 27-28 May.