Homely.com.au and The Room Xchange join forces to help Australians find their perfect match in the home-share market

Homely.com.au and The Room Xchange join forces to help Australians find their perfect match in the home-share market

Melbourne, Thursday 24th August 2023 - Homely.com.au, one of the largest real estate marketplaces in Australia, and The Room Xchange, the pioneering home-sharing platform, have today announced a strategic partnership.

Homely.com.au is one of Australia’s largest online real estate portals, trusted by buyers and renters for its valuable bespoke content, such as suburb reviews written by local real estate agents and discussion forums that enable Q&A with real residents.

The Room Xchange facilitates ideal matches in the home-sharing market with identity verification and proprietary tech-enabled algorithms that consider personality traits, values and lifestyle preferences. It has also pioneered the use of co-living agreements that enable flexible house-sharing arrangements including a rent offset option.

David Webb, Head of Industry at Homely.com.au, said: “We are thrilled to be working with The Room Xchange team. They have already achieved so much by making house-sharing easier. It’s innovations like theirs that will make a big impact in the current climate and go a long way towards giving people greater options when it comes to finding an affordable place to live.”

Ludwina Dautovic, Founder & CEO at The Room Xchange, said: "This exciting partnership brings together two innovative proptech platforms with a shared mission to improve the way people find their ideal living arrangements. We are confident that our partnership will help deliver more value to our respective clients and grow the house-sharing community."

In their different areas of expertise, both Homely.com.au and The Room Xchange have developed industry-leading solutions that are innovative and cost-effective. The Homely Group recently announced its 2023 financial year top line results, reporting a significant 20.5% increase in annual revenue despite challenging market conditions.

The Room Xchange won the trophy for “Most Innovative Scaleup - Environment, Social & Sustainability” at the 2023 national Australian Proptech Awards.

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About Homely.com.au

Homely.com.au is an Australian online real estate search website redefining the way people find their home. Homely combines real estate listings from all over the country with unique local content including suburb reviews, street reviews and Q&A from real locals, helping people make better informed decisions when buying, renting or selling. Founded in 2014 by brothers Jason and Adam Spencer in Melbourne, Homely has grown into a large team of passionate designers, engineers, developers, marketing, product, sales and customer support people across the country. Boasting millions of eyeballs to the site each month – and growing – Homely remains clutter-free for a beautiful browsing experience, ensuring the site is focused on property listings and quality enquiries. Trusted and backed by the Australian real estate industry, Homely delivers the cost-effective advertising alternative the real estate industry needs. The Homely app is available for download on the App Store and Google Play. Learn more about Homely here.

For more information: Amanda McEniry, Head of Marketing, Homely Group, amanda@homely.com.au - 0432 763 712

About The Room Xchange

The Room Xchange is a pioneering platform that connects verified users based on personality, values, and lifestyle, revolutionising the house-sharing industry. By prioritising user verification and employing advanced profile-matching algorithms, The Room Xchange offers a flexible and personalised approach to finding ideal living situations.

For more information: Ludwina Dautovic, CEO and Founder, The Room Xchange, ludwina@theroomxchange.com - 0412 483 813