Proptech
News focusing on new technological solutions which create efficiencies and cost-savings for estate and letting agents and the wider residential property industry.
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AI adoption remains in the early phases among agents
Compliance teams are facing more pressure but remain reluctant to fully adopt artificial intelligence to fully tackle issues, says Thirdfort.
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Former agent launches AI-powered home buying tool
Caspar Harvard-Walls, who has worked at both Foxtons and Black Brick, says his Oskar platform enables house hunters to find on and off-market properties for sale that fit their exacting needs.
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Block management proptech raises £21m to disrupt ‘inefficient’ sector
AI tech firm Supa, which is led by Upad founder Calum Brannan, is to spend the money buying up more market share via additional managing agent acquisitions.
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Veco launches four new AI features for agents
The new tools automate compliance, invoices, repairs and applicant matching within Veco Plus, while leaving final decisions to agency teams.
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Agents are using AI for listings but rarely to improve sales
AI is being used to make adverts sound better but almost never to get the sale done, warns Altos Riccardo Iannucci-Dawson.
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Rightmove reveals latest AI property search feature
Rightmove's AI comparison assistant is already boosting leads to agents, says its Chief Technology and Operations Officer Tarah Lourens.
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TPFG takes major stake in agency AI platform
Enteka Ai will be TPFG's preferred AI platform and help boost franchise profitability, says TPFG boss Gareth Samples.
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Nearly half of agency enquiries arrive out of hours, says LightWork
New data from LightWork AI highlights the pressure on estate and letting agents to remain available beyond the 9am-5pm working day.
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Three changes agents are making amid ‘challenging’ housing market
Agents are actively adapting the ways they are operating with buyers and sellers, says Guild boss Iain McKenzie.
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Software firm says technology can help agencies become sale-ready
Property software provider, Veco, says stronger compliance, financial records and less reliance on individuals can help agencies prepare for future growth or sale.
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