What InspectRealEstate does

InspectRealEstate is a Brisbane-based B2B SaaS provider serving the Australian residential rental market through two integrated products: the 2Apply rental application platform and the Reapit Lettings property management software (currently version 11.0). The 2Apply platform processes online rental applications from prospective tenants, collecting personal data to assess tenant suitability; the Reapit Lettings product provides the surrounding property management workflow for agencies. As of March 2025, the 2Apply platform had processed more than 8.5 million rental applications, and the broader platform had handled over 221 million enquiries cumulatively. Customers access the platform via a web-based portal at app.inspectrealestate.com.au, and the product is agent-branded, meaning each agency deploys it under its own identity.

The company operates on a subscription-based SaaS revenue model with quote-based pricing (not publicly disclosed) and targets enterprise-level real estate agencies and property managers as its primary segment. Go-to-market is sales-led with a self-serve web access component, supported by organic social presence on LinkedIn, Facebook, and Instagram alongside SEO-driven web traffic. The company was founded in 2010, employs 251-500 people, and operates as a wholly-owned subsidiary of Reapit, a UK-headquartered property software group with an ANZ footprint. Operationally, the company is consolidated under the Reapit Lettings brand on the customer-facing login portal.

In April 2026, InspectRealEstate's 2Apply platform became the subject of a first-of-its-kind determination by Australian privacy commissioner Carly Kind, which found that the platform collected excessive, unnecessary, and unfairly obtained personal information from rental applicants — including gender, bankruptcy status, citizenship status, and number of dependents. The determination introduces material regulatory risk and may force a redesign of application data collection practices, with potential implications for the product's value proposition in tenant screening.

Name

InspectRealEstate

Legal name

Reapit Lettings

Website

https://inspectrealestate.com.au

Company type

Private

Founded year

2010

Operating status

Operating

Headcount range

251–500 employees

Short description

InspectRealEstate is a Brisbane-based B2B SaaS provider operating the 2Apply rental application platform and Reapit Lettings property management software for Australian real estate agencies. The platform has processed over 8.5 million rental applications and 221 million enquiries, and operates as a wholly-owned subsidiary of Reapit.

Ownership category

akta.pro rank

Product category

Real Estate Property Management Software

NAICS

Offices of Real Estate Agents and Brokers (5312), Residential Property Managers (531311), Investigation and Personal Background Check Services (561611)

SIC

Real Estate Agents & Managers (For Others) (6531), Real Estate (6500), Services-Computer Integrated Systems Design (7373)

akta.pro primary industry

Residential Lease Administration & Tenant Services (BPAJAFAL)

Keywords

• Rental application software
• Property management software
• Tenant screening platform
• Real estate agent tools
• Rental enquiry processing

Headquarters

HQ city

Brisbane

HQ country

Australia

HQ region

Oceania

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales

Revenue model

1. SaaS Platform Services: InspectRealEstate provides a software-as-a-service platform for real estate agents to manage rental applications. The platform operates as a SaaS subscription model for real estate agency customers.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

InspectRealEstate provides a web-based SaaS platform for Australian real estate agents and property managers to process rental applications and tenant enquiries. Its flagship 2Apply platform collects applicant data to assess tenant suitability, having processed over 8.5 million rental applications as of March 2025. The company also operates the Reapit Lettings property management software, forming an integrated solution for managing the rental lifecycle from listing through tenant application and ongoing management.

Product overview

InspectRealEstate provides real estate agent software solutions in Australia, operating primarily through two integrated products: the 2Apply rental application platform and the Reapit Lettings software. The 2Apply platform handles tenant application processing (having processed over 8.5 million rental applications as of March 2025), while Reapit Lettings serves as the core property management platform (version 11.0) for real estate agents. Together, these products form a unified solution for managing the rental process from property listing through tenant application and management.

Differentiator

Problem solved

Functional benefit

Brands

• 2Apply: Rental application platform operated by InspectRealEstate that collects personal information from rental applicants to assess tenant suitability.

Products and services

• 2Apply Online rental application platform operated by InspectRealEstate that processes rental applications for tenants applying to Australian rental properties. The platform collects applicant data — including gender, bankruptcy status, citizenship status, and dependents — to help real estate agents assess tenant suitability. It had processed over 8.5 million rental applications as of March 2025.
• Reapit Lettings Real estate agent software platform branded as Reapit Lettings (version 11.0) that serves Australian real estate agencies for property management and rental operations. It processes property enquiries and rental applications and acts as the umbrella platform under which InspectRealEstate's services are delivered to agents.

Quantifiable outcome

• Processed over 8.5 million rental applications as of March 2025

Named customers1 record

Segments1 record

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

One partnership is on record.

• ReapitcoreOthersReapit is the parent company/operator of InspectRealEstate and the 2Apply platform. The login portal displays Reapit Lettings branding (app.inspectrealestate.com.au). Reapit operates property management software solutions across ANZ markets.

Scale indicators3 records

Recent moves4 records

Expansion highlights3 records

Others

• Equifax Australia: Equifax provides consumer credit and identity data used in tenant screening in Australia. It is comparable as a backend data and screening provider that could be embedded into or compete with parts of the 2Apply tenant-suitability workflow.

Emerging players

• TenantTrack / Snug: Snug is an Australian tenant-screening and rental application platform serving the same residential rental application workflow as 2Apply. It is comparable as an emerging direct competitor targeting the same agent and tenant use case in Australia.

Direct peers

• PropertyMe: PropertyMe is an Australian cloud-based property management platform serving real estate agents and property managers. It is directly comparable as a competing SaaS suite for residential property management workflows in Australia, where InspectRealEstate also operates.

Broad incumbents

• Yardi Systems: Yardi is a global property management software incumbent offering suites that include tenant screening and lease management. It is comparable as a large vendor competing for the same agent/property manager customers with overlapping rental workflow functionality.
• Reapit: Reapit is the parent company of InspectRealEstate and a major provider of property management and CRM software across ANZ and the UK. It is comparable as the broader platform suite into which 2Apply is embedded and the strategic owner shaping InspectRealEstate's roadmap.
• Buildium: Buildium (RealPage) provides property management SaaS for residential portfolios, including online rental applications and tenant screening. Comparable as a competing vertical SaaS incumbent in the same workflow category.
• MRI Software (PayProp / Rockend): MRI Software acquired Rockend/PayProp, which serves Australian and NZ property managers with rent processing and property management software. It is comparable as a broader property management incumbent with overlapping ANZ footprint.
• AppFolio: AppFolio is a US-listed vertical SaaS platform for property managers that includes tenant screening and online applications. It is comparable as a vertical SaaS incumbent addressing residential property managers with bundled application and screening workflows.

Regional players

• Domain Group: Domain is a major Australian property listings and services platform (part of Nine Entertainment) serving real estate agents. It is comparable as an Australian real estate platform that competes for agent relationships and rental listing workflow mindshare.
• REA Group: REA Group operates realestate.com.au and related property software/data services in Australia. It is comparable as an Australian real estate platform with potential overlap in tenant enquiry routing and lead management for rental properties.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights5 records

Customer concentration

• Facebookfacebook.com/reapitanz
• LinkedInlinkedin.com/company/reapit-anz
• Instagraminstagram.com/reapit_anz
• Xx.com/Inspect_RE

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about InspectRealEstate