Case study

Move stock efficiently

Property developers use Vendorable when they need to engage real estate services outside the business.

Vendorable helps development teams outsource selected sales and leasing tasks quickly, with better structure and less procurement friction.

Real estate expertise on demand

Property developers often have in-house expertise across sales, leasing, and valuations.

However, those teams are frequently best focused on newer projects with higher risk and higher margin.

Vendorable provides a platform that allows developers to go to market for outsourced services quickly when the need arises. The platform makes ad hoc procurement more efficient and helps minimise risk.

Off-the-plan runoff

Vendorable can assist developers in situations like the following:

  • 90-95% of the development has already been sold and completed.
  • The developer needs to move both team attention and time onto the next launch.
  • Financing or funding pressures make urgency important.
  • The onsite sales and marketing team is no longer in place to assist.
  • There are other stakeholders who need to remain informed.

Outcome

Vendorable supports fast and efficient ad hoc procurement of services.

It standardises the submissions being received.

It increases speed through electronic procurement of services.

It brings competition into the process through competitive tendering.

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