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Latest Articles
OnTheHouse integrates Openn Offers after customers complain of missing price info and competition
No more under-the-table deals, greasing palms, and paying more than you should, only to discover later that you got duped and were embarrassed to do anything about it. PropTech company Openn (ASX: OPN), through its private treaty platform Openn Offers, is attempting to enable fair market exchange between property buyers and sellers. In doing so,
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Axiom invests $1.5 million into fast growing PropTech business Realty Assist
In FY23, in the face of rising interest rates and inflation, property development and investment business Axiom Properties (ASX: AXI) decided to change tact. As companies embraced the artificial intelligence (AI) boom, Axiom got on board, setting its sights on PropTech. Globally, investments in PropTech grew from $23.9 billion in 2018 to $37.7 billion in
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Three ASX-listed property companies worth adding to your watchlist
The current state of the Australian property market can be overwhelming, both for homebuyers and investors. If you’re a homebuyer you might need to postpone the quest of securing the perfect home as mortgages become less and less affordable. If you’re an investor, the tumbling property market might scare you away from investing in property
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REA Group profits rise 25% as low unemployment and pandemic savings keep property buyers interested
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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Openn Negotiation proptech IPO to bring transparency to real estate market
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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