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AssetOwl’s (ASX:AO1) ‘Pirsee’ to be trialled by Harris Real Estate

ASX News, Technology
ASX:AO1      MCAP $1.947M
05 January 2022 12:10 (AEST)

Source: AssetOwl

Property management platform provider AssetOwl’s (AO1) Pirsee platform to be trialled by Harris Real Estate.

Harris Real Estate is the largest independent real estate agency in South Australia.

Harris Real Estate has a network of five boutique local offices across South Australia, which collectively have around 3000 properties under management.

The agreement will see Harris Real Estate use Pirsee for the creation of virtual tours with the Insta360 panoramic camera, and its remote routine inspection function.

Harris Real Estate and AssetOwl will also work collaboratively to expedite the development of a fully compliant South Australian version of Pirsee, in parallel with the development of Queensland and NSW versions.

AssetOwl’s goal is to release its South Australian version as soon as practicable after the company’s entry into the Queensland and NSW markets, anticipated to be the first half of the calendar year 2022.

AssetOwl said the customer’s licensing agreement is on the company’s standard contracting terms and is not material to the company.

AssetOwl CEO, Geoff Goldsmith, said establishing industry partnerships is a key plank of the company’s roll-out stratergy.

“I have no doubt that our work with Harris will stand us in good stead as we roll out Pirsee out across the country,” he said.

Shares were up 14.3 per cent, trading at 0.4 cents at 11.37 am AEDT.

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