Australian startup Realy looks to offer a passive market for its users

March 24, 2020
Share this Post: 

Australian-based property portal, Realy, looks to streamline the online buying and selling process, even without an agent or through other traditional means.

Working like a social media network, Realy offers a platform for shareholders (agents, buyers, owners and partners) to connect and share information with each other. Through Realy, these individuals can not only gather information to make better decisions, but can browse through homes that have yet to be put on the market. 

Listings are owner-led, says Matt Bachle, the Founder and CEO of Realy. He explains that Realy is different from the competition because it offers data, like access to stocks, within a closed network to allow owners to leverage as well as market their property. Doing so allows Realy to provide home owners with information as soon as possible without the limitations of traditional listing sites. Sellers can then take their time and test out different prices to see what works on the market. 

As for buyers, the pressure to buy plummets, allowing individuals to take their time when selecting their next home. 

Even though Realy is a startup, having launched in 2018, it has already shown that it is situated in the perfect spot to disrupt the market. Realy gives its network of owners access to a plethora of value-based services. The company gathers revenue through four channels: Commission fee income for low friction guided sales, lead generation fee income to partners (like agents and suppliers), a subscription fee and a freemium model for owners.

March 24, 2020
Victoria has been writing about property portals and marketplace sites for Online Marketplaces for over 3 years. She is also our resident artist and is responsible for all of the infographic content on the site.

Subscribe to our mailing list to get news updates!

Enter your email address and get updates from Online Marketplaces.

Related News

Board Room
Zoopla Creates Agent Advisory Board to Give Customers a Say on Lettings Policy

British #2 portal Zoopla has launched a Lettings Advisory Board made up mostly of its agent customers as it looks...

Read More
Spanish Proptech Firms
Housfy Gets Funding and Casavo Expands as Spanish PropTech Market Heats Up

The Spanish PropTech market is heating up with two prominent companies in the market announcing positive news this week. Online...

Read More
Leboncoin Op 1
LeBonCoin Launches New Offering to Help Agents Win Sales Instructions

The French classifieds market leader LeBonCoin has today announced the launch of a new package for real estate agents. The...

Read More
Domain Data
Domain Acquires Data Services Provider Insight Data Solutions

Australian portal company Domain has today announced that it has agreed to acquire data services provider Insight Data Solutions (IDS)....

Read More

Popular News