Making property purchases easier.
The REA Group and NAB had just one year to create a way for consumers to search and fund a property purchase through realestate.com.au – but three months from launch, things weren’t working.
“We came to a point early-to-mid August where we realised we were still struggling to get close to where we needed to be,” REA engineering manager Jeremy Burton said.
“The data transfers [between REA and NAB systems] weren’t working, the file formats were wrong, and they weren’t conveying the right message.
“At that point, I had real concerns personally – were we going to be able to get this alignment? What do we need to do [to make it happen]?”
Seven months prior to January 2017, REA Group – operator of realestate.com.au – and NAB had hatched an ambitious plan to bring property search and finance together in a single platform.
The aim was to allow a home buyer to “start their home loan journey on realestate.com.au, obtain a fully digital, credit-checked home loan application” and then see how that home loan would apply to any property they looked at on the site.
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