Technology

AssetOwl releases tailored version of Pirsee platform for Queensland market

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By Imelda Cotton - 
AssetOwl ASX AO1 Queensland Pirsee rental market app

A NSW version of the Pirsee platform will go live in the current quarter.

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Property management technology provider AssetOwl (ASX: AO1) has made its foray into the Queensland market with the release of a localised version of its Pirsee platform onto the Google Play and Apple stores.

Queensland currently has the nation’s third largest rental market, with more than 560,000 private residences available to prospective tenants.

AssetOwl chief executive officer Geoff Goldsmith said property inspections are highly regulated at state level and each region has it own way of doing things.

“Our expansion into Queensland reflects our aspiration to transform and modernise the way property inspections are performed across Australia,” he said.

“Our recent consultation with agencies in that state as been part of our build process has confirmed the potential that Pirsee has to drive efficiencies across the industry.”

NSW version

Mr Goldsmith said the company was working on a version of Pirsee for the New South Wales market which is expected to go live this quarter.

The company’s development team will then switch focus to further product improvements, such as upgrades to exit features, routine inspections and tenant sign-offs.

These improvements will occur in parallel with the anticipated launch of a product which meets compliance standards for the South Australian market.

Pirsee is also currently available to property managers in Victoria.

Rental crisis

Australia’s capital cities continue to experience a rental crisis flowing from a shortage of housing supply which has created a tight market for property managers.

AssetOwl said while the challenges had been tough, the company has continued to make progress.

Increasing numbers of trials are being converted to onboarded and paying customers, with nearly 20,000 homes now managed by Pirsee clients.

“Our efforts are increasingly proving to real estate agents and property managers that Pirsee represents the best of breed in inspection management software for the Australian market,” Mr Goldsmith said.

“We are proud that we have been able to support real estate owners, agents, managers and tenants … the contribution of all parties is critical to navigating a challenging housing market and empowering the creation of wealth through what is often a landlord’s biggest and most important investment.”