A group of well-known names within the property industry have joined forces to launch a consultancy that promises sales and lettings agents new and potentially unique ways to monetise and retain their client base.
Called The Property Innovation Network, its members include Hatched founder and former eMoov and EasyProperty executive Adam Day, former The Property Franchise Group boss Graham Lock, former Goodlord partnerships director Anthony Band and Chris Khoi, founder of developer Black Crest Group.
“We’ve launched the business because we can see that there are still many home-owning and rental issues that need solving in the market,” says Band.
“For example, given the looming tenant fees ban no one seems to be focussing on how to better serve the tenant.”
The group are keeping the exact details of their ideas under wraps, but say several of them will be insurance-backed.
One they will talk about is a chat-bot style concierge service for tenants and home-owners who will use it to manage their properties and lifestyles.
It is due to be launched on January 8th and will also help agents develop closer relationships with tenants.
Based in London, the Property Innovation Network says it will soon be working with a select but broad spectrum of tech-minded, small and medium-size tenants to roll out its concierge service and other products.
“Having met the team and got to understand their concierge offering, I’m very excited to be involved as I think they’re helping to address challenges that the market has right now, as well as in the future,” says Adam Day.
“This is a product that can not only add revenue but will also save time and hassle as well.”