Central Coast’s Real Estate Academy acquired by PropTech innovator, Realtair

Real Estate Academy at East Gosford is merging with Australian PropTech platform, Realtair.

East Gosford based national real estate training and systems development company, Real Estate Academy, has been acquired by Australian PropTech innovator, Realtair, saving them from potentially having to release staff during a time when many local businesses are closing their doors during the coronavirus pandemic.

With the recent ban of public auctions and open houses, real estate technology is more in demand than it has ever been, so the merge is timely for the academy.

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Red Open House sign pointing at house for inspection

The Australian government recently banned public auctions and open houses.

The acquisition comes one month after Realtair announced its merger with online auction platform, AuctionNow, founded by well-known Sydney auctioneer Damien Cooley.

AuctionNow has been gaining huge traction, particularly with the current impediments placed on face-to-face auctions from the coronavirus.

Realtair CEO and Founder, Peter Matthews, said they had been working with Real Estate Academy Founder and CEO, Lee Woodward, over the past two years to refine this collaboration.

Balmain home auction

Auctioneer Damien Cooley. Picture: Tim Hunter.

“The Real Estate Academy salestraining platform dovetails seamlessly with the entire Realtair sales process workflow of Pitch, Sign, AuctionNow and Flow. Our clients will receive world class service delivery when signing up for our solutions,” he said

Woodward and his team are ideally placed to complement the existing services offered by Realtair by helping the industry move forward in a manner aligned with the needs of today’s tech savvy (and now, tech-reliant) agents and consumers.

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“It’s a crazy world at present, so to be offered the chance to expand at a time when, like so many businesses right now, we were facing the very real potential of closing our doors after more than twenty years in business, was incredible,” Mr Woodward said.

“My team and I are now part of a team of 150 in two countries and I am proud to say that 61 Webb Street, East Gosford is now officially the new Realtair headquarters.”

Mr Woodward said that for existing Real Estate Academy members, it will be business as usual moving forward.