Founder to Lead the Company into a New Era of Industry Cooperation and Technology Development
David Howell, the founder and CEO of Dynamic Methods, announced that the company will continue its operations without any interruptions or issues, maintaining its delivery of digital forms and contract services to Real Estate Institutes (REIs), agents, and property managers across Australia.
Howell stated that Dynamic Methods had fully complied with all aspects of the ACCC investigation and believed that the acquisition, had it proceeded, would not have diminished competition. He emphasized his commitment to prioritizing the interests of the industry.
“While I still believe the acquisition would have accelerated the future of digital forms for the REIs and the real estate industry that Dynamic Methods has championed since 2012, Dynamic Methods will now continue on our original roadmap to deliver new features and benefits for our customers, and collaborate with the industry on delivering technology that makes the creation, sending, signing, administration, and compliance of forms streamlined and easy, which has always been our core purpose. Dynamic Methods provides mission-critical software relied upon by multiple direct and indirect stakeholders. We are grateful for the trust placed in our Australian team’s capability to support millions of dollars of transactions daily, with 99.99% uptime.”
David Howell, the founder and CEO of Dynamic Methods
Howell highlighted the significance of the real estate sector as Australia’s largest capital asset class, underscoring the importance of a local company leading in digital forms and signing solutions. He stressed that maintaining confidence in the industry requires a digital forms company focused on developing Australian-centric requirements while ensuring compliance with federal security and privacy laws.
Dynamic Methods respects REA Group’s decision not to proceed with the proposed acquisition, and Howell expressed gratitude for the time and involvement of REA Group’s senior leadership team in evaluating the acquisition.
“Dynamic Methods has always been a tightly run, profitable company that prides itself on delivering robust Australian-built technical solutions to the real estate industry. It’s what made us an attractive acquisition target. Nothing has changed in our fundamentals, and I am delighted that Dynamic Methods will continue to deliver leading-edge forms technology to the real estate industry and all its stakeholders.”
David Howell, the founder and CEO of Dynamic Methods
Dynamic Methods is Australia’s premier provider of legally binding digital forms for the real estate industry. Founded 15 years ago, it offers workflow efficiency solutions for property services and real estate agents, enabling the creation of contracts, completion of forms and applications, and collection of signatures from buyers and sellers to formalize documentation. Based in Adelaide, South Australia, Dynamic Methods was a winner of the 2023 Proptech Awards.
