Domain pays up to $35m for Real Time Agent

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<br>Real estate classifieds group Domain will pay up to $35 million for the operator of digital property service Real Time Agent.<br> <br>Domain has agreed to pay $19.4 million in cash up front for Bidtracker Holdings – whose Real Time Agent digitises agency agreements, auctions and contracts – and up to another $15.6 million depending on performance over FY20 and FY21.<br> <br>”The Real Time Agent products save agents significant admin time – up to four hours per transaction – and reduce back-office costs and paperwork, as well as improving accuracy and compliance,” Domain chief executive Jason Pellegrino said.<br> <br>Real Time Agent, Slot Gacor which was founded three years ago and is used by more than 4,000 agents, allows digital signing of agreements between agents and vendors and real-time auction tracking.<br> <br>Mr Pellegrino said the bid tracking was used in 60 per cent of Victoria’s weekly auctions.<br> <br>The deal is expected to close by the end of 2019.<br>

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