New Tech for Buying Property

This week the guys discuss new tech in the buying process- apps made to help the purchasing process perhaps becoming easier/fairer... What do you think? All right guys welcome back to The Property Pod your weekly engagement into the real estate industry here in Hobart, Tasmania i'm your host Aaron Horne and i'm joined by our 4one4 Property Co Real Estate Agents... had to take a breath there... Patrick Berry and John McGregor breath was worth it because it came through nice and clear excited to be back excited to be back yes apologies to all our loyal listeners out there we uh we got so close to recording last week and then i've just got to admit that i had a i was going to say panic attack but it wasn't a panic attack yeah vertigo yeah well that looked like a panic attack i suppose it felt like i was here in the room when you're watching you just go down like was just strange yeah i thought i was gonna faint i got everything was spinning and i've kind of i'm still only just kind of coming through the throws of it now and yeah i've had um sebastian my my other employee as my personal driver all week he's been dropping me home and the only thing i don't understand is though why are you sitting in the back seat well every day yeah you're like chauffeuring around like just because you're sick you can still sit out the front i've been giving him star reviews conversation today for yeah last week we we were in the studio as the vertigo hit and yeah no it's a so anyone out there that's experienced it and if i wasn't um sympathetic to your spiraling well just i felt you now and it is rough man that's weird so yeah didn't you say you just like costly off balance oh yeah it's like it's kind of like say sickness to it's all this inner ear stuff but the very first throws of it was literally i thought i was going to faint and the whole we're in not the biggest room here but the whole room was spinning and yeah it's basically your brain trying to correct um an inner ear kind of that's crazy balance well i'm super pumped you're able to push through this week as and we're glad to have you back it's good to be back good to be back i know that in my absence you guys were kind of uh just i thought actually there might be a secret episode that came out without me no we were excited we're out of here we talked for 20 minutes and then everyone else thought we'd done the podcast because we'll go on for so long but we didn't we didn't know how to hit record your dad came in before i was looking he's like he's like man there's a lot of things for you to control here welcome to the command center don't touch it um you guys were listening to a uh a hack article or you're driving home and you've text out said oh this is quite interesting yeah some last week was going to be our topic last week um because it was happened on the tuesday night i had an article about house partying for young people um on hack which obviously sparked my interest straight away definitely so i sat in the car and waited for the episode to finish because i got home and i was like yeah we have a radio inside but gotta go find it and turn it on so it's funny because when like a good song's on you'll do that thing like i'm going to sit in the car and wait i'll do a lap oh john doesn't like to sit still keep driving keep driving fair enough yeah keep going yeah and they um we're talking about how different softwares have come into the market to help you buy a home on a bidding process so as most people would know the australian marketplace is quite busy at the moment and most people are sort of fighting each other to secure a home yeah and so all these different softwares are popped up and we thought it'd be a good thing to talk about this yeah because this is right in your wheelhouse like you're kind of the king of the app the king of technology that will i am but at the same time i don't know if it's something that would work relatively well in the hobart market because we don't have the volume of people but i could see it working very well on the mainland and why it's become very popular when you guys were talking about it before just as i was listening and setting up the studio it kind of came across as like oh yeah this sounds like yeah melbourne auction kind of saturday morning this is something you'd want to be all over whereas here i guess it's getting way busier here with yeah a lot of people trying to it's like everything in a couple of years time it'll be something that will probably be second nature here as well but uh like everything hobart just a little bit slower than the rest of the that's all right the country does sort of do things there's nothing wrong with that well it is too with with the introduction of them it's a fundamentally different way of purchasing property too so um it's a means that whether or not the buyers are going to be excited to engage in that process um and also too for us it is a different way of working so yeah so it is you know a bit challenging as well to break it down can you kind of go into what some of these apps or what these um options definitely so there's three major players at the moment that appear to be sort of running the space they are john one was open negotiation yep and market buy and what was the third one rezzo was the one was the one on triple j that's one i always forget about you were starting with that one actually considering that was the catalyst for all of us i think reza looking here is real estate sales online they've got a kind of a blue and green logo looks kind of fancy it's almost like a little wi-fi logo picture in there for anyone i could probably pop it up on screen if i really wanted to be fancy but it says an online offer acceptance and contract management system allowing agents and buyers to communicate online yeah so one thing i really liked about this one and the way i could see it potentially working is um especially here in hobart out of the three that we're going to talk about today this is the one where i think would fit our marketplace the best at the moment yeah because at the moment we're doing a lot of um multiple offers on properties but we're doing them at an individual level so we're going out meeting a client writing up an offer and then we'll go to the other buyer and we end up with a situation where we sort of we can't disclose to the other buyer what each offer is but um we need to make sure they're aware that they need to put their best foot forward and so that's a legal issue that you guys come across where it's kind of like a confidentiality a bit of confidentiality a bit of code of conduct um with rashes there for a while didn't we because in the in our once once you get a license to obviously you're agreeing to a code of conduct through the um uh yeah through with the reit property agents called property agent sporting those ones um so in that there's a specific it says do we will not disclose the terms of other offers so the so but then it's not expressly written into the act but it's just against our real you know professional real estate so it's kind of it's a difficult one because it's a patrick dangerfield kind of situation yeah yeah exactly so for our code we could risk of losing our license because we're against our code but technically it's not illegal ...