Next Gen Property Investment
Partner with PropHero to grow more value in your book from investors
We are reinventing property investment, making it simple, transparent and more profitable. Using our digital platform, your clients can buy amazing properties within 8 weeks, so your pre-approvals turn into commission faster.
PropHero’s mission is to help people create wealth through property investment, using Artificial Intelligence. We do this via our next-generation digital proptech platform that makes property investing simple, transparent, time-efficient and more profitable.
How does PropHero Work?
Step 1
Strategy
Your journey starts by defining your strategy with your dedicated Property Coach. We will understand your needs and objectives and define together what type of property is right for you.
Step 2
Sourcing
Your property coach will send you the top investment opportunities for your strategy. Our property experts analyse over 200 variables to ensure we only give you the absolute best deals!
Step 3
Buy, track & repeat!
Your property coach will take care of the entire process to secure your property. Once bought, track your cash flows and portfolio growth directly from your PropHero App!
What’s in it for Home Loan Brokers?
More value from your book
- No more lost pre-approvals: 85% of customers referred to PropHero buy an investment property within 8 weeks
- More deals: 60% of PropHero clients buy a 2nd property within 9 months – more deals for you!
Happy Clients
- 4.7/5 star reviews on Trustpilot for PropHero
New Clients
- 80% of PropHero clients refer family and Friends
Which customers can I refer to PropHero
- Investors
- Budget $250K-$1.5M
- Looking to make the best investment
- Owner-occupiers who have been looking for months and open to change their strategy and buy an investment property
Interested in becoming a PropHero Partner? Reach out to us for our broker fact sheet and let’s start a conversation!
Frequently Asked Questions
What does PropHero do?
- Service includes defining your strategy, finding investment properties, doing in-depth due diligence (price, property condition, flood/bushfire/noise risk, rental appraisals, etc.), negotiating the price, managing the acquisition process and managing the property after settlement
How does it work? 5-step process
- Strategy: Define your investment strategy with your assigned PropHero Property Coach
- Search: PropHero searches for the most attractive investments and shares each week 1-2 properties
- Transaction: When you like a property shared with you, PropHero will negotiate the price with the sellers and exchange the contracts for you
- Settlement: PropHero manages the entire process for you, from organising a Build & Pest inspection to liaising with your bank or broker, conveyancer, etc. until settlement.
- Management: One of PropHero’s partner property manager can manage the property for you
How much does it cost? $10,980 incl. GST
- $990 engagement fee (non-refundable)
- $9,990 success fee (only payable if and when you buy a property)
What makes them different from traditional buyer’s agents?
- Simplicity: Lifetime access to PropHero’s online platform to review properties shared, manage the purchase process and after a property is bought track rental income
- Data: PropHero uses data and advanced analytics to scan 15,000 suburbs across Australia and select the next hotspots
- Customer Experience: PropHero has 100% 5-star rating on TrustPilot – unique in the industry
Do they do owner-occupiers?
No, PropHero only finds investment properties.
Can I tell them in which area I want to invest?
No, it is part of PropHero’s value proposition to find the best locations to invest across the country. You can however tell them which areas you prefer within their hotspots.
Where do they invest?
PropHero has an unbiased approach to locations and target new areas when new hotspots are found. They currently invest in Queensland and South Australia.
Do I have to use their service for conveyancing or property management?
No! You are free to use your own providers or one recommended by PropHero. PropHero does NOT receive any commission from these partners.
Who takes care of managing the property?
PropHero’s local partners in each location can manage your investment property. Cost is usually 8% of rental income.
How much return are they getting on their properties?
Typical investments return 4-5% rental yield. Over the past 9 months PropHero investments increased by 21% in value on average.