Ready Media Group‘s InstaDocs, a virtual data room, has gained significant traction within the commercial agency market. Since its launch 18 months ago, over 400 agencies have trialed and tested the platform.
InstaDocs streamlines the due diligence process by offering secure document access to buyers and providing real-time tracking data to agents.
Jamie Muscatel, senior product manager at Ready Media Group, explained that InstaDocs has undergone substantial enhancements based on feedback from more than 200 agencies nationwide. These enhancements include customizable terms and conditions, selective document visibility, and the ability to grant access and administrative privileges to third parties.
Muscatel emphasized Ready Media Group’s commitment to continually refining InstaDocs to ensure it aligns with the evolving needs of the market.
Philip O’Dwyer, associate director at Colliers Brisbane, highlighted InstaDocs’ exceptional data capture capabilities and user-friendly interface. He emphasized that the platform has revolutionized Colliers’ sales campaign management.
O’Dwyer noted that InstaDocs has significantly boosted productivity and improved the quality of information provided to buyers. The platform’s real-time data capture capabilities enable Colliers’ agents to effectively evaluate information and prioritize follow-ups, resulting in significant time and resource savings.
The insights gained from document views and downloads offer a clearer understanding of buyer activity, helping the team identify serious prospects. O’Dwyer described this as invaluable.
According to O’Dwyer, InstaDocs’ integration into Colliers’ listing packages has improved the overall experience for buyers and encouraged greater participation.
Julian Heatherich, director of commercial sales at Savills Melbourne, lauded InstaDocs for its effectiveness in simplifying document sharing and speeding up the sales process. He noted that buyers can easily access the required documents, while the agency can monitor everything from a single platform. This efficient method enhances the overall experience for all participants.
