PropSet named in ‘SMART 100’ Index
PropSet has been named one of Australia’s most innovative products or services, in one of the largest and most audacious innovation awards of its kind in Australia – the Anthill Magazine ‘SMART 100’ Index.
About the Propset
It’s a tale of two Australia's: older Australians are getting much wealthier, and the young are being left behind. Our Innovation address' the housing affordability problem for the Y and emerging Z generations; our future leaders of this country. Home buyer’s purchase a share of a property based on what they can afford and family members buy the balance of the property, any percentage split will work. At the end of either 5-7 years home buyer, scales up the portion they own to exit the family member at an agreed value as set by our Algorithm at the start.
Young people can enter the home buyers’ market by buying a home for 60% of it's value. They can start spending their income not on rent but their very own home. Creating wealth for themselves and not someone else.
'This innovation initially came to life when, after 15 years operating my mentoring company. No one was doing anything about addressing housing affordability in this country. Two years ago, I started to build a unique patented Algorithm to address housing affordability. We have developed a structured and favourable package to help Mum & Dad assist their kids buy a home with a clear exit strategy, using our Innovative Algorithm, without affecting Mum & Dad's assets. The kids can live where they want to live, have their family grow up in the same house, go to the same school. No Landlord.
About the Smart 100
The SMART 100 Index was created by Anthill Magazine in 2008 to identify and rank Australia’s 100 most innovative products, proving to be one of the largest surveys of its kind in Australia.
In 2015, in response to a record volume entries, the program was extended to include the TOP 100 SMART SERVICES and the TOP 100 SMART PRODUCTS, in addition to the SMART 100.
“In true Anthillian style, the SMART 100 is an ever-evolving, ever-improving experiment,” said Anthill founder and Editor-In-Chief James Tuckerman. “Unlike your average awards program, we don’t lock a panel of expert adjudicators in a small room. Neither do we demand a thorough analysis of each applicant’s P&L statement. We don’t even request an historical snapshot of ‘runs on the board’ or commercial achievements.
“This is because innovation is future focussed. It is about identifying and solving problems in ways that will change the way we live, do business and think.”
For further information about PropSet, contact:
Paul Ebbels Mobile 0400 083 549 firstname.lastname@example.org