The Real Estate Institute of Western Australia has demonstrated the importance of innovation in real estate by coming on board as a foundation sponsor of the new Proptech Association of Australia.
The Proptech Association – which started in February this year – champions the real estate technology industry and has been established to be an independent voice in the proptech conversation and
REIWA joins emerging tech hub Stone & Chalk in getting behind the new industry body with more major supporters to be announced soon.
CEO of REIWA, Neville Pozzi, said Western Australia is home to a host of innovative proptechs including VaultRE, ServTech, Openn, Mortgage Mates, Real Time Conveyancer and Fastbricks Robotics to name a few.
“With the leading consumer real estate website in the state, REIWA has always been at the forefront of adopting new technology where we see there is real value for buyers, sellers or agents,” Mr Pozzi said.
“However, with more technology now out there, releasing at a faster than normal rate, it’s great to be partnering with the Proptech Association to keep informed of what’s happening next, and the trends that will change the game again.”
Founder and president of the Proptech Association, Kylie Davis, said the not for profit industry body had been established to help real estate agents and the property industry understand the technology landscape and feel more confident about adopting and investing in innovation.
“The association is a community of bold thinking innovators who are keen to share their knowledge through collaboration and education,” Ms Davis said.
“We believe that an informed and transparent market benefits everyone. For proptechs, we provide a central space where they can find out about programs and initiatives that can support their growth. For agents, developers and the construction industry, we provide an overview of what’s happening in the market, the trends driving the changes, and strategies to make adoption easier and feel less risky.”
Ms Davis said the support of REIWA would be used to accelerate the association’s programs and had been made possible due to an active WA chapter.
“It’s been great to see an institute with the heritage of REIWA embrace the association,” Ms Davis said. “It’s a great example of how the traditional and the new can work together to build the future of real estate.”
The Proptech Association has been holding a series of Proptech Panels each month looking at key issues and innovations affecting real estate including The Post-Covid Recovery, Sales & Negotiation Innovators, Property Management Disruptors and Housing Affordability Disruptors.
Each one has attracted up to 400 attendees, and despite its early start, the association has a database of more than 1000. More events – live and virtual – will be announced shortly.
For further information, contact:
Proptech Association Australia
0401 673 329
0417 946 917