REIV takes another step towards building smart digital solutions for real estate

Date: 5 Oct 21

MEDIA RELEASE

The Real Estate Intitute of Victoria (REIV) has signed a new agreement with property technology leader Hutly to revolutionise PropertyData, the highly-respected real estate data platform.

The new partnership follows a successful REIV/Hutly partnership initiated in 2020 to relaunch digital compliance platform, VicForms.

Under the agreement, Hutly will take ownership of PropertyData while continuing to partner with REIV to deliver best-in-class, member-first technology solutions aimed at exceeding market expectations.

REIV President Adam Docking said: “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 and we look forward delivering the benefits to our base.”

Hutly founder Jeremy Hastings said: “This agreement demonstrates our commitment to the Victorian real estate sector. We’re really excited to take PropertyData to the next level and create a stronger real-time property data ecosystem, all fully integrated into our proven smart contract technology and the VicForms platform.”

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.
 
About the REIV
Established in 1936, the Real Estate Institute of Victoria (REIV) is the peak representative body for real estate practitioners in Victoria. Every REIV Member has access to a wide range of high-quality services, information and resources that they need to provide the Victorian community with the best possible real estate service.
 
About PropertyData
PropertyData is the source of credible, reliable market insights used by the real estate sector and government agencies in Victoria. Launched by the Real Estate Institute of Victoria in 2004, PropertyData Online was one of the first online real estate data platforms available to real estate agencies in Victoria.
 
About Hutly
Hutly is leading the digital transformation of real estate contracts to enable the modernisation and optimisation of the wider property market ecosystem. Hutly partners for mutual success and has a number of contracts with Australia’s real estate institutes.

 
Media Enquiries
REIV: [email protected]   03 9205 6607  
Hutly: Hamish Wyatt  [email protected]