Property Edge - 01 Jan 1970
As discussed last week some of the experts are upgrading their previously dire forecasts for the property market and Westpac’s Bill Evans is the latest to come to the party. Initially forecasting of a 10% decline, Evan’s now expects a 5% peak to trough decline. We’re all about good news here on Property Edge and may the experts keep it coming!
Our first esteemed guest this week is Mark Armstrong from digital marketing business, RateMyAgent. Noticing a gap in the market whereby agents weren’t harnessing the power of their own customer feedback, Mark says “We knew that reviews were really powerful but we also knew that they were being underutilized and in a sense, we wanted to digitize reviews and turn them into the asset that they really should’ve been.” As he very succinctly puts it “We help agents collect, share and promote reviews. That’s really the core of what we do.” With over 800,000 reviews on the platform for agents and moving into the lucrative mortgage broker market, RateMyAgent continues its trajectory on the power of feedback.
We also bring Steamboat Springs, Colorado to your screens tonight with Noel Christopher from Renters Warehouse, joining to tell us about the Single-Family Rental Investment industry. Since being acquired by Northern Pacific Group in 2016, the company has evolved into America’s largest, full-service property management and investment services company for Single-Family Rental homes. “We’re in 40 markets, we manage about 23,000 homes, we have real estate brokerage in all of those markets as well” says Noel. With the Single-Family Rental space being “one of the best performing asset classes in the United States right now” the only way is up for Renters Warehouse, much like Randwick DRUFC.
23 September, 2020
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