Technology is moving us at such a rapid rate and it’s changing how the real estate industry works and how consumers communicate and do business with real estate professionals. The introduction of cloud-based property management software has enabled agents to provide investors with 24/7 access to vital information about the management of their investment properties and it’s also requiring changes to how software built for the industry is improving and evolving.

A new player in the Australian property management market – Palace – has entered the market off the back of a very high market share in its native New Zealand. Palace CEO Michael Abbott joins in to discuss how a software like Palace can help build that relationship and the possible dangers for business owners who do not see the need for change.