On 2 June 2016 Vendorable’s co-founder Harry Lehmann spoke on a panel for the UNSW Smart Cities Research Cluster’s Smart Cities and Urban Innovation Symposium as part of the Vivid Sydney festival with five other start-up company CEOs and Directors from the thriving Australian property technology community. Australia has an…

On 1 January 2016 amendments to the Property Stock and Business Agents Act 2002 commenced. The changes prohibit real estate agents from engaging in a practice called underquoting. NSW Fair Trading explains underquoting as follows: ‘Underquoting describes when an agent understates the estimated selling price of a property. This can…

photo by Jeremy Yao Vendorable officially launched 28 May 2015 How two groups find and interact with each other to consume and deliver services is a problem best solved by information technology. And real estate services is no exception. At Vendorable we’re focused on real estate sales — connecting vendors and real estate agents through a…

The world is digital, and your agency agreement should be too. Thanks to an ingenious suite of state and federal legislation in Australia and New Zealand known as the Electronic Transactions Acts this is possible. An electronic agency agreement makes pro-forma paper and handwriting obsolete as it enables property owners…

Vendorable Googled “advertise property for sale costs” and were surprised to find there wasn’t a list of comparative prices. The lack of readily available information from some popular property classifieds websites was not encouraging. Discerning vendors most definitely want to know what their dollar can do for them in promoting…

It is a big question whether or not to sell a property via private treaty or at auction. Each method has its own advantages. These vary according to timing, flexibility, competition, and value attainment. In rising markets there is favouritism towards selling at auction. This is due to the increased…

Making sure that the agreement between agent and vendor is balanced can be crucial to the success of making a property sale. Agents need to be incentivized. And property owners need flexibility to ensure that if a property isn’t selling, they can change agents with little fuss. …

The Property Scene in 2015 So far, experts are expecting 2015 to be a good year. The upcoming months in property investment are expected to match the steady highs of 2014 as foreign investment is still on the incline. The Australian dollar continues to be low — and costs for…