Street Talk
Metrics heading for a world of pain at prop-tech platform RealtyAssist
Times are tough at the Metrics-controlled West Australian prop-tech RealtyAssist.
Founded by former real estate agent Sam Rettke, RealtyAssist develops lending products across the property sales cycle, partnering with real estate agents to give their clients access to funds to cover the cost of vendor-paid advertising – the upfront cost of listing a property – which is paid back with interest when the property is sold.
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Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones. Email Sarah at sarah.thompson@afr.com
Kanika Sood is a journalist based in Sydney who writes for the Street Talk column. Email Kanika at kanika.sood@afr.com.au
Emma Rapaport is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review. Connect with Emma on Twitter. Email Emma at emma.rapaport@afr.com
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