Co-operty, the pioneering property technology startup focused on making co-ownership more accessible to Australians, has announced a strategic partnership with Effi, a cutting-edge platform designed to boost efficiency for mortgage brokers. This collaboration aims to streamline the home-buying process for co-owners and expand opportunities for brokers to close more loans by integrating their services.
Co-operty has already begun directing its clients to Effi, helping them find mortgage brokers who can create customized financing solutions for purchasing property with friends or family. This initial cooperation has laid the foundation for a deeper, long-term integration that will further enhance the experience for both brokers and their clients.
As part of this partnership, key features of the Co-operty app will soon be accessible directly through the Effi platform, providing a seamless and efficient workflow. This integration will allow brokers to easily access co-ownership tools, helping them serve clients more effectively in an increasingly competitive market.
“Effi’s commitment to using technology to increase efficiency for mortgage brokers perfectly complements Co-operty’s mission to simplify the co-ownership process. Their AI-powered matching algorithm ensures that co-buyers, such as parents assisting their adult children, find the right mortgage solutions tailored to their unique needs.”
Frank Austin, Head of Distribution at Co-operty
Looking ahead, Effi users can expect to see a suite of co-ownership resources and tools available within the platform, including vital materials for establishing co-ownership agreements. This feature will enable brokers to offer more comprehensive services to their clients, making the home-buying process smoother and more accessible.
The Co-operty app plays a crucial role in facilitating co-ownership by enabling users to establish legal arrangements and engage with expert conveyancers within a secure digital space. Additionally, the app offers services such as property valuations and referrals to financial advisors and mortgage brokers, making it a one-stop solution for those looking to enter the property market through co-ownership.
“Exploring co-ownership is an increasingly valuable option for clients who might otherwise struggle to enter the property market. Our collaboration with Co-operty is a significant step forward in making home ownership more achievable for Australians. We’re excited to add value to Effi’s brokers and their clients through this partnership.”
Mandeep Sodhi, Founder and CEO of Effi
This strategic alliance between Co-operty and Effi represents a forward-thinking approach to property ownership, leveraging technology to open new avenues for Australians to realize their dreams of home ownership while providing brokers with the tools they need to thrive in a changing market.
