Property buyers and sellers can now use a new app call “RealHome” to rate and also property agents. This app is available free for download on Apple store and also google play store as part of government initiative to improve transparency in property transactions under the Real Estate Transformation Map guidelines.
Lead by major real estate agencies that include Huttons, Propnex and ERA, the RealHome application intends to boost market requirements by permitting customers to review property agents after a successful transaction. The review will include brief property information such as address, price etc to ensure that the review are legitimate.
This rating score will promote real estate agents to put in their best service and also reward the well deserving salespersons to go an extra mile for their client, thus raising the level of professionalism of real estate agents.
When it comes to whether representatives have need to be worried concerning rankings as well as evaluations by individuals, Mr Kevin Lim, from ERA stated: “I believe representatives will certainly be worried due to the fact that rating may appear. There are often good and bad apples. Majority who are positive should take it well, as providing good service is always part of their job.
Over the last few years, there also numerous property-related on the internet websites as well as solutions, disrupting with conventional gamers in the realty market. Innovation is the key to transformation in the industry.
Real Time Report for Property Agent
The App will include real time transacted data, as implemented by the 3 major agencies, under a “not for profit” scheme to manage and lower real estate costs. The aim is to equip agents with more data to improve their knowledge and professionalism, yet keep cost low. Agents will have real time information at all times.
There are numerous apps and portal on the market with different charges with different purposes. Cost can go from $1,000 to more than $10,000, for advertising as well as for reports.
This new app provide a free one year access, follow by a “affordable” price thereafter.
Information on this portal will be provided by agents from the 3 major agencies that easily account to more than 60% of the real estate transaction.
The objective is to facilitate real estate agents to automate most of their day to day tasks like certifying seller details, tenant work permit etc, such that individual salesperson can be more productive and knowledge just be the click on a button.