The adoption of VM Online is expected to benefit mortgage brokers by enabling faster and more reliable property valuations. This could help reduce delays in loan approvals and settlements, allowing brokers to serve clients more efficiently and meet regulatory requirements with greater confidence.
“We’re proud to support Landgate in delivering property valuations that are not only fair and accurate, but also cost-effective and future-ready,” said Yunyeong Kim, managing director at Domain Insight. “This awarding reflects our ongoing commitment to innovation in both government and corporate property sectors.”
Mike Thanos, general manager at Insight Data Solutions, said the platform would provide Landgate with improved operational capabilities. “This new platform will enable Landgate to operate with greater precision, scalability and responsiveness. It’s a major step forward in strengthening valuation services across WA.”
Insight Data Solutions, a Domain Group subsidiary, delivered the platform in stages. VM Online is already operational in Victoria and South Australia, supporting more than half of all statutory valuations in Australia and serving over 375 valuers along with numerous government teams.