The Real Estate Institute of Queensland (REIQ)

From 2019 to 2021, Hutly worked with the REIQ to drive digital transformation in property management tenancy agreements using smart contracts and an engaging customer experience.

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The REIQ is Queensland's peak real estate membership organisation, helping over 2,000 member agencies stay compliant, educated, represented & supported each year.

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Hutly's Partnership with the REIQ

From 20 July 2021, Hutly’s Next Gen form and One Touch™ experiences will be deactivated for Queensland Realworks users.

From June 2020 to July 2021, Hutly’s modern user experience and customer-first flow allowed over 1,600 real estate agencies to generate 600,000+ General Tenancy Agreements, with over 120,000 signed exclusively using Hutly One Touch™ digital signing technology.

The use of Hutly One Touch™ resulted in the creation of next-gen contracts for 212,000 tenants across 84,000 unique properties and attracted a user satisfaction score of 4.2/5 stars from agents.

On average, Hutly’s Next Gen agreements took 5 minutes and 30 seconds to prepare and 49% of tenants signed and executed their agreements using Hutly One Touch™ within 2 days.

Both the REIQ and Hutly are tremendously proud of the innovative pilot that gave parties the ability to sign tenancy agreements quickly on their mobile phone using two-factor authentication and included the creation of immutable records using Blockchain technology to reflect the executed general tenancy agreement.

We thank all of the agencies who trusted our company and technology and adjusted their processes to improve the customer experience for their customers.

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