Powered by MOMENTUM MEDIA
subscribe to our newsletter

Macquarie plays role in major real estate consolidation

A new acquisition has brought real estate forms, contracts, software, data and banking under the same roof.

PropertyIQ, which is a recent joint venture between CoreLogic RP Data and Macquarie Business Banking, has acquired ADL Software.

ADL Software’s products include ADLForms, an electronic contracts and forms service, as well as ADLInspect, which allows agents to complete conditional onsite reports using their mobile device.

PropertyIQ’s software options already included Connect, a real estate CRM that is powered by Salesforce, and Portfolio, a property management and trust accounting system.

Chief executive Dawie Verryne said bringing all those products together was designed to make real estate agencies more efficient and profitable.

Advertisement
Advertisement

“The property services industry is often challenged by the number of forms used for their sales and property management businesses, as well as regulatory requirements in each state,” he said.

“By providing ADL Software as part of the PropertyIQ software suite, we are bringing more automation and integration to the workflow of real estate businesses.”

ADL Software claims to supply more than 3,000 offices across Australia. Alan Liddle, who founded the business 14 years ago, will stay on as general manager.

“I am excited about this opportunity to take ADLForms and ADLInspect to an all new level of integration and mobility through PropertyIQ. The time is right, the technologies are right and the industry is ready for it,” he said.

PropertyIQ is designed to make agencies more efficient by integrating workflow with data, analytics and banking.

PROMOTED CONTENT


Connect gives agents the chance to list and sell on the spot by allowing them to draw on CoreLogic RP Data’s national property database and view real-time market information.

Portfolio aims to help agencies keep track of activities in their rental portfolio and automate routine activities so they can be more responsive to the needs of landlords and tenants.

Macquarie plays role in major real estate consolidation
mortgagebusiness

Latest News

Reverse mortgage lenders have accessed a small fraction of the potential retiree housing market in Australia, according to Deloitte. ...

Pepper Money has priced its second I-Prime deal for the year, upsizing the figure to $850 million. ...

The LMI provider has announced a new CFO following the resignation of its current CFO, effective 24 September. ...

Join Australia's most informed brokers

Do you know which lenders are providing brokers and their customers with the best service?

Use this monthly data to make informed decisions about which lenders to use. Simply contribute to the survey and we'll send you the results directly to your inbox - completely free!

How long do you think it should take to discharge a mortgage?

Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.