Smarter payments for property professionals

Save time with Payment Agreements

Set up, amend and cancel agreements for rent and other payments, meaning less time spent chasing Tenants for payments.

Reduce arrears risk with no more missed payments

Automated tenant reminders and a range of payment options reduce your risk of arrears. 

Automate your end-to-end admin

Reduce manual admin with automated payments, receipting and reconciliation, straight into MRI’s Property Tree.

Elevate your tenant experience

Tenants can easily view their upcoming rental payments and manage their payment method with the Smart Real Estate Payments Tenant Portal

Strategic collaboration with MRI's Property Tree

Smart Real Estate Payments integrates with MRI’s Property Tree to deliver a smarter, seamless property management experience, letting your team realise the benefits of Smart Real Estate Payments straight from the property management software they already use today.

How to apply 

Eligibility 

To apply for Smart Real Estate Payments, you must meet CommBank’s eligibility criteria and be approved for the payment methods you would like to offer your Tenants, and any underlying account or service you use in connection with Smart Real Estate Payments.

 

Get started

Let us know what time suits you by requesting a callback. We’ll give you a call to learn more about your business and find out how CommBank can help.

Request a callback

Frequently asked questions

A Payment Agreement is an arrangement in Smart Real Estate Payments that contains details of the lease agreement entered into MRI’s Property Tree. A Payment Agreement is set up for each lease between your Agency and the Tenant, assisting with payment collection, reminders and reconciliation.

Direct Debit and BPAY® are currently the only payment methods available on Smart Real Estate Payments, subject to CommBank’s eligibility criteria and approval.1 However, we will continue adding different payment methods that may better suit your business over time.

Yes, Smart Real Estate Payments uses bank-grade encryption to keep your information safe. All Payment Agreement requests are also sent directly to your Tenant's email saved in Property Tree and are accessible only by your Tenant in the Tenant portal. 

Find out more on keeping your business protected with CommBank Safe.

MRI’s Property Tree is the only property management software integrated with Smart Real Estate Payments.

You will have access to FAQs and user guides at any time, with FAQs also available for Tenants. MRI also has an extensive knowledge base on its webpage, covering Property Tree software details and common queries and issues.

All you need to do is request a callback. One of our Real Estate Bankers will then get in touch.

Real estate payments that work for you

Join us for smarter banking, deeper insights, and real estate-specific solutions.

Built for real estate 

From lending to payments, our custom banking solutions are designed for real estate agencies.  

Find out more

Advanced fraud protection

Securing your accounts is our top priority. Protect your payments with bank-grade fraud detection. 

CommBank Safe

Insights at your fingertips

Access to market research and insights, tailored for real estate professionals.

Ready to get started?

Are you a tenant?

See our Smart Real Estate Payments Tenant page to learn more, view our Tenant FAQs or find out where to get help

Find out more

We can help

Request a callback from a real estate banker

 

Support hub

Guides, tips and information for all of business banking

Things you should know

1Only payment methods you have been approved for by CommBank may be activated in Smart Real Estate Payments.

“This information has been prepared without considering your objectives, financial situation or needs. You can view our Smart Real Estate Payments Terms and Conditions (including fees, charges and eligibility criteria) and our Financial Services Guide, and should consider them before making any decision about this service. Other terms and conditions (including fees, charges and eligibility criteria), may apply in relation to other products or services you use in connection with Smart Real Estate Payments and can be found on our CommBank website.

This page contains links that will bring you to a third party website, owned and operated by an independent party over which CBA has no control ("3rd Party Website"). Any link you make to or from the 3rd Party Website will be at your own risk. Any use of the 3rd Party Website will be subject to and any information you provide will be governed by the terms of the 3rd Party Website, including those relating to confidentiality, data privacy and security.

Property Tree is provided by Management Reports International Pty Ltd (MRI). MRI does not represent or act on behalf of the Commonwealth Bank of Australia. Where MRI refers a customer to CommBank, MRI may receive a commission for such referral or in connection with your ongoing use of Smart Real Estate Payments.

BPAY® is registered to BPAY Pty Ltd. ABN 69 079 137 518