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Vendorable

www.vendorable.com link_icon

Company and Competitor Profile: Vendorable



Company Overview



Vendorable


Industry: Real Estate
Company Size: 2-10 employees
Headquarters: Sydney, NSW, Australia
Type: Privately Held
Website: [vendorable.com](https://vendorable.com)
Mission: Vendorable aims to organize the global real estate industries by connecting participants in a new service delivery environment. The company leverages technology to empower local service industries to act on a global scale.

Key Services:
  • Real Estate Sales: Designed for sellers to appoint and manage real estate agents, enabling efficient service acquisition. The platform targets enterprise-class property sellers for procurement and contract management.

  • Real Estate Leasing: Tailored for landlords to work with property managers, streamlining service management in leasing operations. It also focuses on enterprise-class property lessors for procurement and contract management.


Executive Team


  • Jason Weeks - CEO & Co-Founder

  • Jason Weeks is the Chief Executive Officer and co-founder of Vendorable. He has extensive experience in the real estate tech industry and is an investor and advisor to other tech companies such as Qwilr.com. He is actively involved in founder-led sales and business development.

  • Harry Lehmann - Chairman & Co-Founder

  • Harry Lehmann serves as the Chairman and co-founder of Vendorable. Harry has a background in financial life planning and business development. He has been instrumental in building out Vendorable's network and software features since 2015.

  • Shane Niu - Lead Developer & Co-Founder

  • Shane Niu is the Lead Developer and co-founder of Vendorable. He has previously worked as a software engineer/devops for REA Group and Atlassian, bringing significant technical expertise to Vendorable.


Technology and Process


Vendorable facilitates competitive tenders for real estate services. Property owners or landlords announce the availability of a property sale or lease, and agents engage in competitive bidding based on cost, service, and reputation. This process ensures better value and transparency for property owners.

Vision and Future Plans


Vendorable is committed to continually expanding its service lines. The company's core offerings include both sales and leasing transactions, and they plan to add complementary service lines in the future to further enhance their platform capabilities.

Market Position and Impact


Vendorable is positioned as a marketplace that improves the convenience and efficiency of finding and managing real estate services. By automating reporting and ensuring transparency at each step, the platform keeps property owners updated and engaged. The use of a competitive tender process allows agents and brokers to transform their work processes with technology-enabled workflows.

Key Competitors



OpenAgent


Industry: Technology, Information, and Internet
Company Size: 51-200 employees
Headquarters: Pyrmont, NSW, Australia
Type: Privately Held
Founded: 2012

OpenAgent helps Australian property owners buy, sell, and manage properties with ease. The company aims to improve transparency in real estate transactions by recommending real estate agents based on a vendor's needs. OpenAgent collaborates with thousands of real estate agents across Australia, supporting vendors throughout the selling process.

Key Features:
  • Extensive database of agents based on sales expertise and customer reviews.

  • Tools for creating listings, scheduling showings, and handling paperwork.

  • Partnerships with high-quality agents to ensure optimum matching.


LocalAgentFinder


Industry: Real Estate
Company Size: 51-200 employees
Headquarters: St Kilda, VIC, Australia
Type: Privately Held
Founded: 2007

LocalAgentFinder provides a platform for homeowners and property investors to compare and connect with local real estate agents. The service emphasizes transparency in comparing sales performance, commission rates, marketing strategies, and homeowner reviews.

Key Features:
  • Comparative data for real estate agent fees, histories, and market strategies.

  • Simplified platform for agent comparisons.

  • Focus on achieving the best sales outcomes for properties.


RateMyAgent


Industry: Real Estate
Company Size: 51-200 employees
Headquarters: Cremorne, Victoria, Australia
Type: Privately Held

RateMyAgent is focused on bringing transparency to the real estate market through agent reviews and ratings. The platform simplifies the collection of client reviews, making it easier for potential clients to find trustworthy agents.

Key Features:
  • Automated systems for collecting and displaying verified reviews.

  • Social media integration for increased agent visibility.

  • Transparency in agent performance through comprehensive reviews and statistics.


Rent360


Industry: Real Estate
Company Size: 11-50 employees
Headquarters: Loganholme, Queensland, Australia
Type: Privately Held
Founded: 2016

Rent360 is a full-service property management platform that offers 24/7 access to information on property investments, including rent, inspections, and maintenance. The company provides property management services with advanced technology that lowers operational costs.

Key Features:
  • Personalized service with dedicated senior property managers.

  • Transparent performance tracking via an online owner portal.

  • Innovative marketing tools for faster tenant acquisition.


Agent Select


Industry: Property Management, Real Estate
Headquarters: Melbourne, Australia
Founded: 2012

Agent Select helps homeowners find and compare local real estate agents. The platform uses a national database to shortlist the best-performing agents based on the property profile and location, aiming for optimal sales outcomes.

Key Features:
  • National database of over 40,000 licensed real estate agents.

  • Automated agent search and comparison tools.

  • Focus on aiding homeowners to make informed decisions during property sales.


Strategic Insights



  • Vendorable competes in a highly saturated market with multiple platforms offering similar services, focusing on real estate agent comparisons and property management.

  • Vendorable’s unique selling proposition of "competitive and transparent" management services parallels those of OpenAgent and LocalAgentFinder, emphasizing the importance of ensuring robust differentiators in marketing strategies.

  • The strength of platforms like RateMyAgent in integrating social media and automated reviews indicates a potential growth area for Vendorable to explore in enhancing user credibility and visibility.