Perhaps we were all a little hasty with the demise of MyHome. It was announced today that Shane Dale has taken over MyHome and is now the sole proprietor.
MyHome now will become a free listing website, although whether this is short term or long term I am not sure. It seems that Mr Dale has done quite nicely out of this deal, pocketing a good deal of $millions from the initial transaction and then buying it back later for a fraction of the price.
I do wish Shane all of the best with this new venture, it will not be easy, but now they can concentrate on actually making this site a worthy competitor. Time will surely tell us, if this will be the case.
Below is the contents of the letter sent to agencies across Australia
“We would like to advise you that myhome portal is still functioning perfectly as before. There has been a change of ownership of myhome, Shane Dale is the new sole owner of the assets of myhome.com.au and surroundpix businesses.
The changeover process has taken place so rapidly that this is the first opportunity to communicate with you, after consolidating the business operations. Myhome.com.au will be a free listings portal, there has been no disruption, and it will continue to work and we wish to receive fresh feeds of your listings again asap.
We are currently contacting all heads of franchise groups and independent agents advising them of the new ownership and continuance of the myhome.com.au site. Please feel free to contact us with any questions you wish, and we look forward to meeting with you in the future.
In the meantime, what arrangements need to be made to revive your listing feeds to the myhome data engine? It would be helpful if you can notify us of any requirements. Our tech staff are ready right now, anytime to oversee a smooth reactivation.
The new MyHome team. “