As I said, it's immaterial.Look into the PropertyTree and...

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Salubrious

6,843 Posts.

1811

27/02/21

16:27

Post #: 51388213
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Originally posted by joshwilliams142: ↑

Virtual Tours have been a feature that REA has offered for in excess of 5 years. Anyone with a link can to a tour can upload it into REA and it will automatically be embedded in the listing. I have previously worked in Real Estate marketing for a considerable period of time and can guarantee you that there is no deal to be made with any online portal with the virtual tour product that AssetOwl is offering. Everyone seems so confused about what AO1 is actually offering, and if AO1 are to make any money, it will definitely not be through their Virtual Tour feature.

The money for AO1 is to be made with their routine inspection software, Inspector360, which allows for remote routine inspections of rental properties, meaning that Agent's would no longer physically have to attend the property to conduct the periodic inspection.

There would be little to no benefit to AO1 in a partnership with the like of REA, Domain or RNT. If AO1 is to get anywhere, they need to partner with a large, national real estate agency, such as Ray White or Barry Plant and get all of their offices to sign on.

Virtual Tours are a considerably old technology and will not be where AO1 make any money. People are confused and need to really research the product before constantly repeating this REA/Domain nonsense. Hoping to buy back in soon around the 0.006-0.009 mark however I know the company is currently out of money based on their last quarterly, so I will be holding out to see the price at which they do a CR.

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As I said, it's immaterial.

Look into the PropertyTree and PropertyMe integrations.

Tenant collaboration is also up and running now, so, if we're going to see success, it should be in the not too distant future.

AO1 Price at posting: 1.0¢ Sentiment: Buy Disclosure: Held
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