iBuyNew Group Limited announced that online marketplace for new property iBuyNew.com.au has released new technology to remain at the forefront of the real estate industry with an Online Reservations System (ORS) for new property purchasers. The ORS enables new home buyers to reserve their preferred Off the Plan apartment or House and Land Package entirely online, without the need for any human contact. Developed in-house, the proprietary ORS technology focuses on: accelerating the time of a typical sale cycle; creating a fairer and more transparent experience for Australian consumers; and enables prospective buyers to access the thousands of properties via company website and then immediately reserve their preferred property 24/7 via an online deposit payment. The ORS technology marks another key milestone and effectively transitions company's platform into the next phase of company's articulated growth strategy. Company’s continued research and development efforts with the ORS technology anticipates to reshape the new property buying experience. New property buyers can now search and compare thousands of properties across more than 190 developments in Sydney, Melbourne and Brisbane, then reserve the property from anywhere around the world without waiting for a real estate agent to become available. The new ORS technology means buyers will now be able to view full price lists, floor plans and related property documents, then reserve their chosen property though a simple 3-step process by supplying purchaser, solicitor and deposit payment details.