Release 1.5.8 / site specific custom display

From the desk of Galen Parker

These enhancements are designed to assist your maketing style.

This new functionality will allow you to hide the following values from your website display:

a) IRR
b) 5 year predictive
c) Property address
d) Minimum deposit

 

You are now able to select any or all to assist with your marketing style. Please see image below.

 

Please enter via Business Administration and click on; Customise / Select your preferences in Site Display Options

Please see image below.

Release 1.5.8 / deal management

From the desk of Galen Parker

These enhancements are designed to assist you in managing your deals and communicating your properties to a wider network.

1) Adding attachments to a sales advice

2) Adding gross commissions and a co-agency (Lister’s) portions

3) Viewing gross commissions against syndicated properties

4) Moved sections 5 & 6 into section 3

1.5.8 Release Notes

From the desk of Galen Parker

In this release;

1) Auto populating depreciations values

2) Multiple sales advices / buyers on the same property

3) Layout changes on the property detailed page


1) Auto populating depreciation values

Properties loaded will now have depreciation values automatically populated against them. These results are incorporated in your listing process and happen in real time. The values are provided by Washington Brown, a national depreciation service provider.

How it works

At project level: Once you press ‘update’ all the properties within the project will have their depreciation values updated.

At property (estate) level: Once you press ‘update’ this particular property only will have its depreciation values updated.

To ensure the depreciation values are correct; once you change any of any of these variables, Property type, Property price and Start date for a project or property and press ‘update’ the system will instantly update the values.

Supporting documents: a pop up window showing a graph and 10 year values will be accessible via the deprecation link.

Data table: will also show the actual values for building and fixtures.

Investment report: a depreciation page containing a graph and 10 year values will be included in the report.

Changes to listing rules: these fields, Price and Start date are now added to the existing mandatory fields.

Manual / previous method: Of course you will still be able to upload depreciations values and the supporting document manually if you prefer to do so.

2) Multiple sales advices / buyers on the same property

Status revisit: as you know a submitted sales advice against an ‘available’ property does NOT change the status. The property status changes to ‘tentatively under offer’ once the sales advice is submitted to the Listing agent.  Whilst a property is ‘tentatively under offer’, additional sales advices can still be submitted by another subscriber to the Listing agent.


Keeping you in the loop: you will now be notified via email in the instances where another network subscriber has also submitted an offer on the same property, to the listing agent for their consideration.

Below are the possible email notification Subject headings, and within the body of the email you will receive this message;

“You have received this email notice because a network subscriber has submitted an offer on this property [PROJECT NAME, PROPERTY NUMBER], to the listing agent.

All offer(s) are being considered by the listing agent.


A copy of your submission is below:

Possible Email Subject headings

  • Key:  This text [TEXT] is replaced with the relevant information
  • Deal [SALES ADVICE NUMBER]: Sales Advice supplied to Lister
  • Deal [SALES ADVICE NUMBER]: New Offer from [SUBSCRIBER NAME] submitted to [SUBSCRIBER NAME].
  • Deal [SALES ADVICE NUMBER]: Offer by [SUBSCRIBER NAME] retracted from [SUBSCRIBER NAME].
  • Deal [SALES ADVICE NUMBER]: Offer from [SUBSCRIBER NAME] accepted by [SUBSCRIBER NAME]
  • Deal [SALES ADVICE NUMBER]: Offer from [SUBSCRIBER NAME] reverted by [SUBSCRIBER NAME].

3) Layout changes on the property detailed page

You will notice the property details page has had some layout changes. These changes are under the ‘Investment Information’ heading, shown below.

Also the ‘alt’ text for the Levies; Council, Water and Strata Fee are now NO longer added to the page.

Queensland floods

To our fellow Queenslanders; our thoughts are with you as you rebuild your homes and businesses, and re-claim the pristine state that you are.

The PropertyCompass® Team

The Queensland Government is asking that only financial donations be made to the Premier’s Flood Relief Appeal.

Donate to the Premier’s flood relief appeal by calling 1800 219 028 or by visiting www.qld.gov.au/floods.

Festive Season 2011

During the Christmas — New Year break (24th December 2010 – 4th January 2011), Property Compass® will not have online support.

Our online and phone support will resume from 5th January 2011, however, for urgent issues, please call: +61 410 510 997

We look forward to working with you in 2011.

Seasons Greetings – with system changes!

Just in time for the holiday season we have added some new features in our 1.5.7 version to “Deal Management”.

    Deal Attachments

  • All parties involved in a deal can now attach documents to the deal. This is a great tool for passing contract and supporting documentation between parties and saves headaches involved with using email. Each attachment is recorded and time stamped for easy reference.

    Less Email Spam

    We’ve responded to comments from our users regarding excessive email alerts during the deal process, in particular emails for referrers and solicitors involved in a deal.

    The system has now been changed to only email Solicitors, Mortgage Brokers and Referrers when key milestone events of the deal occur.

  • Sales Advice Supplied to Lister
  • Sales Advice Declined by Lister
  • Sales Advice Cancelled by Purchasing Agent
  • Key milestone dates: Exchange & Settlement

On behalf of the whole Propety Compass team we would like to wish you a safe and happy holiday season!

Property Compass powers RE/MAX Australia’s “Invest” service

Coming soon

RE/MAX is the world’s largest real estate company. Founded in the United States in 1973 by husband and wife team Dave and Gail Liniger, the company now boasts more than 120,000 RE/MAX agents worldwide in more than 7,000 offices in over 67 countries.

RE/MAX Australia is currently in the process of great change, including the introduction of an investment platform with an objective to implement and facilitate a holistic service approach to each franchise. RE/MAX Australia is the ‘first’ real estate franchise in Australia to deploy an investment property specific web platform.

RE/MAX Australia is committed to helping their franchise operators to stay ‘Above the Crowd’.

We are delighted to welcome remax.com.au as a new client.

Contact us to learn how you can benefit from this exciting new relationship.

“We see a great deal of value in the platform benefiting RE/MAX Australia and out clients in a variety of ways. Our opportunity as the only true Global franchise will certainly provide some credible points of difference.”

1.5.7 Release Notes

    More Property Disclosure

  • From the business administration area of the site, ‘project syndicators’ are now able to view more information before deciding to syndicate a project from the network.
    Including: Commission Amounts, Project Discussion and a Complete Price List
    Project Discussions
    Discussions are open in nature, this area should be used to communicate questions and answers that are not sensitive in their content. Confirmations regarding the listing, its availability or general enquiries and notices are all correct usage of this new feature.

  • ‘Post Notice’ – listers can use this service to send out a quick notice to all agents syndicating their project
  • ‘Ask the Lister’ – allows any potential syndicator to submit an enquiry direct to the lister.
  • ‘Reply to Comment’ – any comment posted in a projects discussion can be replied to

Multi-Brands
The platform now supports the ability for multiple websites for a single business, this is useful for situations when business have more than a single online brand or have a requirement for multiple website urls.

To access the new features

  1. Log into Business Administration
  2. Select “Display & Syndication
  3. Click any Project Name” from the list.

Property Compass powers MyHome’s “invest” section

Website portal www.MyHome.com.au has just launched the ‘invest’ section of its website utilising the Property Compass as its display platform. By launching its invest tab, MyHome.com.au has become the first major traffic portal in Australia to display listings specifically to cater to property investors.

Naturally, we are delighted to welcome MyHome.com.au as a new client and look forward to assisting them to serve their investor clients.

This relationship is also expected to benefit other Property Compass clients. In particular, property sellers will gain greater exposure to prospective buyers and this will entice more sellers to make their properties available to our network. This in turn gives client advisors more properties to consider for their clients.

For enquiries, please Contact Us via www.PropertyCompass.net.

Release 1.5.4

Property Compass

Version 1.5.4 Release Notes

Hello,

We are happy to announce the latest release of our property compass software. This version brings a significant piece of functionality with the introduction of downloadable Personalised Investment Reports (PIR).

Once properties and scenarios are specified on a shortlist the report can be generated by clicking the Reports button from the shortlist page.

Information for each property and scenario is then exported into an informative yet easy to read PDF document which can be downloaded.

The introduction of the PIR, offers a valuable tool for our B2B partners using our software to offer professional advice to clients on property investing.

Over the coming weeks we will be increasing the functionality of the reports to include:

  • More information, including all supporting documentation, i.e. floor plans, depreciation
  • Customisable reports, allowing the user to select which pages are desired

We hope the introduction of the PIR report is well received by our customers and business partners alike.

Regards

Galen Parker
CTO