Why Is Now The Time For PropTech In Australia? with Kylie Davis and Scott Willson

In this episode The Propcast talks to Kylie Davis, President of PropTech Australia Association and Scott Willson, CEO of Forbury to talk about the trends in Australian PropTech adoption, along with the obstacles PropTech can face down under. They also discuss the mission of PropTech Australia Association, and find out more about Forbury’s CRE valuation software which has recently launched in the UK.   Key Insights From This Episode I'm really looking forward to Australian PropTech’s potential to transform how we live and work and interact with the built environment around the world – Kylie Davis it's not just about investment and dollars when we're talking about residential real estate, we're talking about the most important asset people have - it's people's homes and it's where their hearts and their families are – Kylie Davis In the last 18 months is a real awareness of, there are better ways to do things and actually it's not risky to do it. It's risky not to do it – Scott Willson I'm excited how quickly Australian PropTech is growing. I'm excited about how our market is really of interest to overseas PropTechs – Kylie Davis There will become a time when the effort that goes into avoiding the change, or avoiding learning the thing that you don't want to learn, becomes actually greater than actually just getting into stuck into it and embracing it – Kylie Davis Don't underestimate how hard it is to get the true modern product market fit, and really understand what job you're trying to solve – Scott Willson So big data's been around for a while, but I think we're starting to make sense of it – Kylie Davis   About Our Guests Kylie Davis https://www.linkedin.com/in/kyliecdavis/?originalSubdomain=au  Kylie Davis is a leading commentator and speaker on Proptech and innovation in real estate in Australia. She is the founder of the Proptech Association of Australia and has successfully established and sold two startups. Her most recent ventures have been HomePrezzo and Real Content which were acquired by ActivePipe in July 2020. Kylie has an MBA from the University of NSW and a 25-year career across media and big data, holding senior editorial and marketing roles at Fairfax, News Corp and CoreLogic. Kylie is an advisor on advisory boards including Cribz, Property Investment Professionals Australia and consults to the Real Estate Institute of NSW and OpenAgent. She was a finalist in the thought leadership category of the 2019 REB Women in Real Estate Awards   Scott Willson https://www.linkedin.com/in/willsonscott/?originalSubdomain=nz  Scott is the CEO of Forbury, the market leading valuation platform for commercial real estatae in Australia and New Zealand. Scott grew the Forbury business from the ground up, and as CEO he has developed analysts, software developers, and product, sales and marketing managers into a high-performing team. Using a highly analytical approach, Scott undertakes process improvement, forecasting and financial modelling, and strategy development. His ability to simplify complex information extends to his management approach. He is proud of Forbury’s achievements and status as the number one business of its kind in Australasia. Scott speaks passionately about this success, conveying the power of the Forbury product and the Forbury people. Scott holds an Honours Commerce Degree specialising in Operations Research.   About Our Host Louisa Dickins https://www.linkedin.com/in/louisa-dickins-ab065392/?originalSubdomain=uk  Louisa started her career in property working at a well-known estate agency in London. Realising her people skills, she moved over to Lloyd May to pursue a career in recruitment. She now is a Director at LMRE, who are a specialist recruitment firm driven by PropTech and recruitment professionals, and Louisa oversees their 5 core areas. Louisa co-founded LMRE and provides a constructive recruitment platform to the new disruptors in real estate. Louisa is also on the board of Directors at UK PropTech Association (UKPA). About LMRE www.lmre.tech  LMRE believe there is a better way to recruit. LMRE focus on a more comprehensive, client led focus delivering exceptional talent to the place at the time. They are passionate about the industry and passionate about people's careers. LMRE spend time with each client to become and an extension of the business, and their transparency and core values help them grow with the sector. LMRE simplify recruitment and innovate with our clients and evolve the people driven, PropTech community.   Resources Mentioned LMRE website www.lmre.tech  Forbury website www.forbury.com Proptech Association Australia www.proptechassociation.com.au Link to Kylie’s articles: www.proptechassociation.om.au/author/kyliecdavis    For full episode transcript head to www.lmre.tech/blog