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Online Auction Platform for Realty

Client

Our client is a startup business venture that caters to the real estate market in Australia. They offer a digital real estate marketing platform for the competitive world of real-estate trading.

Industry

Real Estate

Overview

Web- and mobile-based digital solutions have opened the door for brick-and-mortar auction houses who want to expand their reach to a wider audience. We developed an application for the Australian property market that brings together real estate agents and buyers under a single platform, enabling them to participate in property auctions remotely. The solution helps buyers save on travel time and cost, while significantly improving participation.

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Business Requirement

The client wanted an interactive auctioning platform that enables users to place bids, execute contracts, and complete property purchases online. The platform would enable auction houses and real estate agencies to live stream auctions.

QBurst Solution

The online auction platform broadcasts live auctions and features an intuitive bid portal for participants. The solution comprises modules for admins (vendors), agencies, and customers. The platform provides analytics reports and enables users to attend multiple property auctions simultaneously.

Key Features

  • Master Admin Web App
  • Agency Web App
  • Customer Mobile and Web Apps
  • Auction Input Platform
  • Auction Streaming Platform

End Result

The solution helped unlock real value for the client and the online community, providing a platform where property can be purchased and sold from any location.

  • Enhanced global buyer reach resulted in 28% increase in auction day turnout
  • Significant increase in returns resulting from the competitive bidding process
  • 25% increase in listings for agents with enhanced level of service, better sales results, and a platform to advertise skills
  • Reduced time-on-market for listed properties
  • Increased customer satisfaction with instant access to properties that meet criteria, price, and location requirements

Integration Highlights

  • Real-time reflection of bids across customer and Auction Input Platform (AIP) apps using PubNub integration
  • Ultra-low latency video and audio stream from auction floor to online platform using TokBox integration
  • Post auction contract signing workflow integration using DocuSign

Technologies

  • Web Framework: Angular 4
  • Web Grid Layout: Material Design Lite
  • Android IDE: Android Studio
  • iOS IDE: Xcode
  • CMS: Mezzanine
  • Maps: Google Maps
  • Socket Service: PubNub
  • Customer Socket: SocketRocket
  • eSigning: DocuSign
  • Video Streaming: TokBox
  • Payment Gateway: Assembly Payments
  • SMS: Twilio
  • Email: G Suite
  • Push Notification: FCM/APNS
  • Database: RDS, PostgreSQL
  • Caching: Redis
  • Queueing: RabbitMQ
  • Continuous Integration & Deployment: GitLab

Business Requirement

The client wanted an interactive auctioning platform that enables users to place bids, execute contracts, and complete property purchases online. The platform would enable auction houses and real estate agencies to live stream auctions.

QBurst Solution

The online auction platform broadcasts live auctions and features an intuitive bid portal for participants. The solution comprises modules for admins (vendors), agencies, and customers. The platform provides analytics reports and enables users to attend multiple property auctions simultaneously.

Key Features

  • Master Admin Web App
  • Agency Web App
  • Customer Mobile and Web Apps
  • Auction Input Platform
  • Auction Streaming Platform

End Result

The solution helped unlock real value for the client and the online community, providing a platform where property can be purchased and sold from any location.

  • Enhanced global buyer reach resulted in 28% increase in auction day turnout
  • Significant increase in returns resulting from the competitive bidding process
  • 25% increase in listings for agents with enhanced level of service, better sales results, and a platform to advertise skills
  • Reduced time-on-market for listed properties
  • Increased customer satisfaction with instant access to properties that meet criteria, price, and location requirements

Integration Highlights

  • Real-time reflection of bids across customer and Auction Input Platform (AIP) apps using PubNub integration
  • Ultra-low latency video and audio stream from auction floor to online platform using TokBox integration
  • Post auction contract signing workflow integration using DocuSign

Technologies

  • Web Framework: Angular 4
  • Web Grid Layout: Material Design Lite
  • Android IDE: Android Studio
  • iOS IDE: Xcode
  • CMS: Mezzanine
  • Maps: Google Maps
  • Socket Service: PubNub
  • Customer Socket: SocketRocket
  • eSigning: DocuSign
  • Video Streaming: TokBox
  • Payment Gateway: Assembly Payments
  • SMS: Twilio
  • Email: G Suite
  • Push Notification: FCM/APNS
  • Database: RDS, PostgreSQL
  • Caching: Redis
  • Queueing: RabbitMQ
  • Continuous Integration & Deployment: GitLab
Online Auction Platform

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