REIV EA Magazine November 2021

Page 35

Data insights

REIV takes another step towards building smart digital solutions for real estate Following the highly successful relaunch of VicForms with technology partner Hutly, the REIV is set to redefine real estate data. The REIV Board has signed a new agreement with Hutly to revolutionise PropertyData, REIV’s real estate data platform. The agreement means that in October 2021 Hutly took ownership of the PropertyData platform and will partner with the REIV to deliver “member-first” technology solutions that will exceed market expectations. Hutly has already demonstrated their

capability and genuine interest in improving how real estate works for all participants through their management and improvement of the new VicForms platform. This is an important step in the long-term REIV digital transformation strategy to ensure Members have access to the latest technology solutions. Members will continue to have access to the market data, insights and

commentary published by the REIV including auction results, the monthly bulletin, quarterly medians and more. Please continue to report your sales results and share feedback. Hutly’s growing team of proptech specialists, smart contract technology, and continuous innovation make this a strategic partnership that will increase value for REIV members and PropertyData customers for years to come. Deep integration with VicForms, user-friendly data insights, mobile-first technology, and cost-effective access for REIV Members are at the core of this agreement. The REIV will continue to influence the platform’s future strategy while Hutly will use its technology expertise, skills, and experience to further establish PropertyData as the leading real estate data platform. For any queries regarding your PropertyData subscription, please contact support@propertydata.com.au

The Estate Agent – NOVEMBER 2021 | 35


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