Ready Media Group, the company behind Australian marketplaces DevelopmentReady and CommercialReady, has launched InstaDocs to facilitate document sharing and tracking between agents and investors.
It's the first solution of its type to hit the Australian real estate industry.
InstaDocs lets users share and track real estate documents between parties simply and securely, and it is also encrypted to provide extra security measures for stakeholders.
The solution was designed to solve the issue of sharing building plans and permits, architectural drawings, elevations, commercial licenses, and more, which is a notoriously time-consuming task while conducting due diligence, especially for new developments.
Online Marketplaces reached out to Ready Media Group to find out more.
Head of Marketing Marcus Materia obliged, telling us:
With current document sharing practices, how does an agent know if a prospect has downloaded an attachment? How long have they looked at it for? How many times have they viewed it?
InstaDocs answers all these questions by centralising the document sharing process between agents and buyers, with added tracking metrics for agents that provide full oversight of buyer interaction with the documents.
Using InstaDocs data rooms means agents can stop emailing bulky and sensitive document attachments to buyers, and eliminate the unknowns of how recipients interact with the documents.
InstaDocs proves to be a huge time saver for agents to share property documents from the one secure location, with the added power of leveraging tracking metrics to focus their time only on serious prospects.
We’ve fully integrated InstaDocs within our DevelopmentReady and CommercialReady property platforms, while also allowing agents to invite external enquiries to access their data rooms.
Since InstaDocs’ inception we’ve hosted more than 1,000 data rooms for our clients, with early data showing that property campaigns that utilise a data room generate an average of 25% more buyer enquiry, than those that don’t.