CMYK green: C 47 M0 Y94 K0 CMYK blue: C100 M91 Y7 K32

THEPOWER

OFONE

CMYK green: C 47 M0 Y94 K0 CMYK blue: C100 M91 Y7 K32

I would like to share with you as a valued client of Console some

important information about the future direction of the Console

business, now part of Onthehouse Holdings (Onthehouse).

Onethehouse acquired both the Console business and the PortPlus

business on 27 May 2011 and has a strategic ownership interest in

Residex. Onthehouse listed on the Australian Securities

Exchange (ASX) under the code OTH on 3 June 2011.

This was a significant milestone in the history of all four

businesses.

FREE real estate data and reports

Free leads at no additional charge

Full integration of real estate data into your sales management, rental management and CRM solution at no additional charge

Realising office efficiencies by using a single integrated solution that reduces internal costs

Applying competitive pressure to

industry incumbents

The key benefits for your business include:

The more complex real estate gets, the more you need a simple solution – All of your software and content needs on a single solution.

Console has been providing market leading real estate software solutions to real estate agentcies for over 18 years. Console incorporates property management software, sales management software, trust accounting software and customer relationship management software. It has a focus on automating the office tasks associated with the administration of the sales and property management tasks required to successfully operate a large and complex real estate business.

The PortPlus online products provide an enhanced content

driven sales management and customer relationship

management solution emphasising ease-of-use and mobility.

This product offering is focused on the sales agent and

designed to increase their effectiveness in winning listings

and closing the sale – matching prospective buyers with

potential properties. Business analytical tools and reporting

is available to the business owner to track and reward high

performing agents and offices. Through PortPlus, clients can

also access custom built websites and e-marketing solutions.

Onthehouse.com.au is focused on the provision of

comprehensive real estate content to the Australian public

to drive traffic to the site and leads appraisals to real estate

agents and other property professionals. This content is

provided on almost every property in Australia, including

national government sales information, unimproved land

values, for sale and rent listings and comparative property

reports. Onthehouse’s strategic investment in Residex

facilitates use of its data and valuation technology which is

recognised as market leading by some of Australias leading

financial institutions

UNdERsTaNdiNg yOUR BENEFiTs

We will allow you to realise office efficiencies with a single integrated solution from a combination of Console, PortPlus and data (onthehouse.com.au and Residex) products so that you can enhance the way you win and service clients.

Bringing together four leading businesses in the real estate software industry has

allowed us to access the innovative developments from each business and push them out to our expanded client base. These include the ability to acces your property management inspections and sales management functions on an other mobile devices. Free trials of these products will be available soon.

The onthehouse.com.au business is a market-leading source of property information that encompasses national sold property information (including national Government sales data) and a wealth of enhanced property content.

This content will be integrated into the Console and Port Plus products at no extra cost.

This immediately provides you:• Theabilitytointegrateyourowncurrent

content with the local sales and industry content

• To generate analytical applications and

reports

• Togainmarketintelligenceandgenerate

leads

• Reduceyourcostsinnolongerrequiring

data from other service providers

This data base will also assist you meet your

regulatory reporting obligations to customers

through the use of enhanced property

information to generate live CMA reports - at

no additional charge.

ONE sTOP sHOP

FREE daTa

sERViNg yOUR NEEds BETTER aNd FasTER

We know how important customer service is

to you. We want to emphasise that the current

levels of service that you are enjoying will not

only remain but also improve as we continue

to aim even higher in providing you better

product solutions for your business.

Not only do we now have the best product

development capability in the Australasian

real estate industry, continue to develop our

customer service systems to satisfy you and

your needs.

gENERaTiNg LEads FORyOUR BUsiNEss - FREE

Bringing together leading businesses in the

real estate software industry has allowed us

to access the innovative developments from

each business and push them out to our

expanded client base.

Recent innovative features includes the

ability to access via your iPad or iPhone:

• Propertymanagementinspections

through Live Agent

• FullCRMsolutioninClientManager

With further innovative product solutions

currently in production, we understand how

important it is keeping you and your business

at the forefront of the industry.

iNdUsTRy iNNOVaTiONs aNd sOLUTiONs

Apart from the great online solutions for your business, we are offering you the ability to upload your listings for FREE to onthehouse.com.au (which is the fastest growing property website within Australia) and any other real estate portals you choose (fees charged by realestate.com.au and domain.com.au) .

Your listings will be viewed alongside the best free consumer focused property information available within Australia which means you will be reaching the most astute of potential customers across both sellers and buyers researching local property prices and the comparative values of their own homes.

Promote yourself as the Local Area Expert with the onthehouse free sales data and street reports.

By having your listings on onthehouse.com.au, leads will be generated for you – FREE!

We also have a suite of reports available for agents to use for FREE on the site including the Street Sales Report and Suburb Sales Report.

We would encourage you to check this out for yourself at onthehouse.com.au/reports

While this process is underway you can be comfortable that our focus will be ‘business as usual’. Our team is committed to ensuring you continue to experience the same high level of service that they have come to expect from Console and Port Plus.

We know you may have questions about what this announcement may mean for you and your business, and we would welcome any questions that you may have. One of the key next steps for us is to reach out to you and get your feedback on our current operations and share more with you about our vision for the future.

Over the next couple of months, we are looking to roll out a major survey of our client base to facilitate the process of feedback and communication. We will also be introducing co-branding across our entire product suite.

We are very excited about our collective future and we look forward to working with you to enable your business to achieve its goals.

Yours sincerely, Michael Fredericks CEO and Managing Director Onthehouse Real Estate Group

iT’s BUsiNEssas UsUaL

aNy QUEsTiONs?For more information about any of benefits or features listed or general questions contact our General Manager - Customer Service, Nichole Aird on 1300 131 311.