DomaCom to integrate with major real estate platform

One of the major real estate platforms has entered an agreement with DomaCom which will see its property listings integrated into DomaCom’s crowdfunding platform.

In an ASX announcement, DomaCom said it has entered an agreement with Domain which will connect Domain’s vast property listing data with DomaCom’s crowdfunding technology.

The agreements will also see Domain’s market intelligence integrated into the DomaCom Crowdfunding platform in order to provide analytics to investors.

DomaCom said the arrangement will help the platform target the consumer market directly, particularly the Generation Y market. Once a campaign starts, DomaCom said its crowdfunding platform facilitates external independent due diligence on the selected property bringing additional rigour to the analysis of the selected property before they invest.

DomaCom chief executive Arthur Naoumidis said this new integration will be critical for taking property crowdfunding into the mainstream.

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Source: DomaCom to integrate with major real estate platform – SMSFAdviser Magazine