OnDeed for Trustees.
OnDeed has created the new ‘best practice’ for property trustees for efficiently managing the maintenance & compliance and sales of property.
OnDeed Manages Your Risk.
Live dashboard monitors performance against SLAs
All stakeholder communication occurs within the portal
Delegations for internal staff or third-party vendors and of all stakeholders
Creates a log of all actions of a property file
Management Oversight
Centralised data repository including all certificates, licenses and insurances
Hosted securely with Amazon Web Services with complete data encryption
Multiple third-party independent security and integrity assessments
Data Security
Customer access. Selected estates empowered to self-manage (control maintained via delegation)
Complete end-to-end process
Eliminates duplication and promotes operational efficiencies
Efficiency
Governance and compliance management framework complete with IDR
Fully compliant with ASIC regulations (RG271)
Full APRA reporting
Governance & Compliance
Manage ongoing maintenance and ensure compliance for an entire property portfolio anywhere in Australia. OnDeed’s centralised portal model manages and complies properties all in one place.
Maintenance & Compliance Process
1. Compliance
OnDeed manages all trades and maintenance - regular or ad hoc requests - as well as all regulatory compliance checks, inspections and upgrades.
OnDeed handles all safety inspections and provides comprehensive reporting of all required maintenance work and recommended property changes.
2. Reporting, Certification & Recommendation
The OnDeed dashboard provides live data and compliance reporting and all current, completed, upcoming and overdue tasks for each user.
3. Data Repository
OnDeed allows the trustee to provide permission for a select group of beneficiaries to oversee their property up to a specific delegation.
4. Live Dashboard
OnDeed’s centralised data repository keeps all records, all interactions and all certificates, licenses and insurances in one place - safe and easy to find.
5. Authorisation/ Delegation Management
Sales Process
Manage and coordinate the entire property sale seamlessly, Australia-wide.
Initial appraisals are conducted using desktop research or roadside inspection to give the lender a quick indication of the property's value.
1. Indicative Value
OnDeed can appoint the best-value and best-performing real estate agent. The engagement is based on either a tender or fixed-fee basis. Agents perform a Competitive Market Analysis (CMA).
2. Real Estate Agent (REA) Appointed
3. Property and Contents Valuation
Accredited valuers conduct an accurate valuation of the property and recommend works for sale. All contents are valued if requested.
4. Property Renovation and Maintenance
OnDeed engages and manages all trades to completion, securing multiple quotes per trade to ensure the best outcome for all stakeholders.
The property is prepared and put on the market with the option of Auction or Private Treaty. Weekly progress reports are provided to the lender.
