SEARCH

DomaCom inks deal with online real estate platform

Property crowdfunding service firm DomaCom has announced a partnership with online real estate platform Domain to directly target the consumer market.

In a statement on the ASX, DomaCom said the partnership will connect Domain’s property listing data to the crowdfunder’s platform, giving vendors an additional buyer channel.

As part of the partnership, Domain’s market intelligence will be “integrated into the DomaCom crowdfunding platform” to provide investors with access to better analytical data.

“This is a significant new integration for DomaCom that will be critical in taking property crowdfunding into the mainstream,” said DomaCom chief executive Arthur Naoumidis.

Advertisement
Advertisement

Mr Naoumidis said the partnership will “enable Gen Y and Millennials to get on the property ladder by crowdfunding a property of their choice with their friends or family” using Domain’s property listings data.

“Additionally, this innovation will give property owners access to the new crowdfunding revolution simply by listing their properties on Domain and at the same time open up a vast new pool of potential investors to the DomaCom platform,” he said.

DomaCom inks deal with online real estate platform
DomaCom, Domain, crowd funding, crowdfunding, property investing, Arthur Naoumidis
ifa logo

The must-attend event for financial advisers is back in 2022: the ESG Summit, coming to Sydney and Melbourne in February. Walk away with vital knowledge on a number of key ESG areas to help you make informed ESG strategy decisions and to better communicate and integrate the growing ESG space to clients. Visit the website to secure your place.

Subscribe to the ifa bulletin

Receive daily online news,analysis, reports and business strategies
By signing up you agree to our Terms of Use and Privacy Policy

Website Notifications

Get notifications in real time and stay up to date with content that matters to you.