From good, to better, to best |
Good news that can help improve the profits of real estate agencies during tough times with Real Business First.
This online benchmarking and performance tool has been created as part of a joint project between Deloitte and the Real Estate Institute of NSW (REINSW). The tool was launched at the REINSW state conference in November last year.
Peter Williams, Deloitte Digital CEO, believes that through this concept we have truly reinvented the accounting wheel. It enables us to provide business management tools and services to previously untouched markets.
Who’s on board?
Real Business First is generating a lot of interest and REINSW believes it will assist its agencies to build business and thrive during tough times.
The REIA is also convinced of the value in gaining good insight into agency performance, measured against a range of metrics and the industry. This could mean up to 10,000 agencies using the system across Australia and New Zealand.
“The REINSW Board and management are enthusiastic about this project. We are looking forward to the collection of the initial data and the reports to be demonstrated at State Conference.” Tim McKibbin, CEO, REINSW.
What’s on offer?
The online benchmarking tool is applicable across a range of industries.
Buyers of the offerings to REINSW and its members are not traditional Big Four clients. The combination of our ability to deliver valuable services through a cost effective and 24/7 platform, available from anywhere, makes it very attractive.
Anthony Viel, Forensic partner, can see many opportunities, “The most impressive aspect of our real estate wins is the Deloitte Digital capability to expand the available market for our services.
“Digital offerings present an insight into how important this online channel will be for Deloitte. In the next three to five years I believe that some, if not most, of our traditional services will be delivered via this channel” says Anthony.
How does it work?
A set-up wizard will take the client through the ten minute installation . This allows the client to produce the output file from their own business accounting software to be sent to the Real Business First benchmarking site. Benchmarks will only be provided where there are more than five participants to ensure anonymity of the data.
For more information email Mike Israel or phone him on (02) 9322 7451.
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