House-hunting horror stories have become commonplace, with Aussies and immigrants grappling with rising rents. To alleviate some of the stress, rental platform Rent.com.au (ASX: RNT) recently expanded its rental payments platform RentPay to accommodate more digital wallets. As a result, the Company has achieved the significant milestone of processing $250 million of payments since its
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It’s a tough time to be in the real estate sector. With interest rates rising globally and fewer people being able to afford homes, demand is falling, as is overall revenue. For Aussie property tech giant REA Group (ASX: REA), this has meant dealing with declining listings and profits. As per its reports, national residential
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Despite property prices being in a state of volatility amid rising interest rates, that hasn’t halted real estate tech company REA Group (ASX: REA) which reported 26% revenue growth to $1,170 million for FY22 and $408m net profit, a 25% increase. REA largely credits the acquisitions of REA India and Mortgage Choice for their revenue
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For shareholders of fractional investment company DomaCom (ASX: DCL), it’s been a difficult FY22 which has thankfully come to an end given the Company’s 10-day voluntary suspension ultimately turned in a year-long ordeal but with a new financial year upon us, the Company is hopeful of finally re-listing alongside the release of their FY23 strategic
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The slimy sales tactics of prickly real estate agents may be in need of review with Australian property technology company Openn Negotiation set to debut on the ASX on Friday, 11 June. A “proptech” company, Openn uses technology that aims to provide the best possible property sales outcomes for the seller, buyer and real estate
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