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  • Thorp Reality has successfully adapted to AssetOwl’s (AO1) inspector360 platform
  • The platform uses virtual technology to create an internal view of residential properties
  • Last year, AssetOwl commenced a two-year agreement with Thorp for the inspector360 platform
  • Thorp has now fully embraced the platform and, over two months, have used more than 1500 panoramic photos
  • On the market this morning, AssetOwl is up 12.5 per cent and is trading at 0.9 cents per share

Thorp Reality has successfully adapted to AssetOwl’s (AO1) inspector360 platform.

The platform uses virtual technology to create an internal view of residential properties, providing tenants, property managers and landlords with an exact photocentric record of the condition of properties before, during and after a tenancy.

Last year, AssetOwl commenced a two-year agreement with Thorp Reality for the inspector360 platform.

Within two weeks of commencing the 30-day trial period, Thorp’s property managers have become fully proficient on the platform and were able to conduct remote rental inspections independently.

Once the trial was completed, AssetOwl migrated Thorp’s property data onto its platforms and, since then, Thorp has fully embraced the inspector360 platform.

Notably, over the last two months, Thorp has used more than 1500 panoramic photos using the platform’s “insta360” function.

Thorp is located in Esperance, 700 kilometres south-east of Perth, and manages more than 370 residential properties.

“Since partnering, we’ve been impressed with AssetOwl’s personal service and the productivity boost that inspector360 provides,” Thorp Realty Department Manager Jon-Paul Adams said.

“The Thorp Realty experience is a very important validator of the strength and benefits of our inspector360 platform,” Chairman Simon Trevisan said.

“This is especially the case as the AssetOwl and Thorp property management
teams were able to transform how Thorp’s property management business is conducted and roll out inspector360 through their business within two weeks, via remote support only and during a pandemic,” he added.

AssetOwl has stated that the inspector360 saw a rise across several Australian states during the pandemic.

On the market this morning, AssetOwl is up 12.5 per cent and is trading at 0.9 cents per share at 10:24 am AEDT.

AO1 by the numbers
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