F%ur (4percentproperty.com) has launched, offering agencies outsourced property management at a 4% fee.
Launched by Adiuvo, who have serviced multinational agencies like Savills and Knight Frank for 12 years, looking after more than half a million homes out of hours, providing 24/7 call handling triage.
F%ur adds cutting edge tech provided by Askporter – an Artificial Intelligence powered property management platform – to specialist call handling and maintenance from its parent company Adiuvo and expert back office letting processes provided by Rushbrook & Rathbone.
Combining these, F%ur offers letting agents and portfolio managers a full outsourced solution for all the time consuming parts of the property cycle – all pre-tenancy administration including referencing, the agreement and right to rent checks; all tenancy, maintenance and management including a yearly inspection; rent collection, accounts and arrears management and complete post-tenancy including deposit issues or renewals – at a cost of four per cent of the monthly rent.
Colin Stokes, MD, F%ur, said, “We saw the possibility of combining the askporter platform with our own expertise to offer a service to letting agents and property managers at a hugely competitive rate.
“With our partnership with Rushbrook & Rathbone, we are able to provide clients with a complete service that provides the best of tradition and innovation. F%ur will help agents offer great value and make a return for themselves too.”