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F%ur: outsourcing lettings management for 4%

The Negotiator

Link to PropTech News

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.”


August 30, 2019

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