VaultEA, an Australian property software company that has quietly been soft-launching in the UK over the past year and a half, has now signed up 100 branches including most recently 40 offices within the Century 21 network.
The company is part of a group that is a dominant player within the antipodean estate agency sector with over 3,500 branches using its platforms in Australia, New Zealand and parts of Asia.
This includes its Oz counterparts VaultRE and MyDesktop which combined generated revenues of approximately £1.6 million (AUS$2.6m) last year.
All three are part of larger parent company called the PropTech Group, which has global tech investor Simon Baker as a director.
The property software firm’s Bristol-based representative Christian Scandurra, who worked for ten years in Australia in estate agency and technology-based businesses including MyDesktop before returning to the UK, says the company has been working hard at establishing its credentials with UK agents.
Here to stay
VaultEA is a cloud-based property management suite designed for both sales and lettings agents and is one of the growing number of ‘one stop shop’ platforms on the market that offer property management, accounts, CRM capabilities, e-marketing and a consumer-facing app for agents.
“We see the UK as a fantastic opportunity and we’re here to stay,” says Scandurra.#
Chris Summers, Head of Franchising at the SDL Group (pictured), which holds the UK franchise for Century 21,…