Australian property portal, realestate.com.au recently introduced a new Shark Tank-style competition individuals who are associated with the real estate industry to pitch their "big idea".
Contestants stand to win a share of $100,000 as well as access to top industry mentors who will assist them in bringing their idea to fruition.
Five finalists from around Australia will be invited to a one-day workshop in Melbourne where they will pitch their idea to a panel of judges, as well as having exclusive mentoring sessions throughout the day.
At the end of the workshop, the ideas will be open for the wider industry to vote on what they’d like to see in the market.
This is the first competition of its type for realestate.com.au, aimed at engaging and inspiring those working in real estate to have a voice on what product is going to make a material difference to the rental industry.
The idea could improve the day-to-day life of industry professionals, or the lives of tenants and landlords.
Kul Singh, realestate.com.au Executive Manager of Rent, commented: “More Australians are now renting than ever before, but while that number continues to grow, the pain points that go with renting remain.
“We recognise that renting is going to be a more important part of the lives of Australians going forward, so we’re looking for new ways to work with our industry partners to help alleviate some of those pain points – whether that’s for tenants, landlords or property managers.”
“The Real Ideas Prize is a great way to empower our customers to bring their ideas for rent to life, and hopefully have a little fun along the way,” said Mr Singh.
The above article was sourced from eliteagent.com and can be found in its original unedited form here.
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