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Proptech lettings platform officially launches despite Coronavirus crisis

Proptech start-up Apropos by DJ Alexander has launched, despite many others mothballing or delaying their debuts as the pandemic continues to disrupt the lettings market.

Nigel Lewis

proptech

A new proptech lettings platform that’s been three years in development has finally gone live despite the ongoing Coronavirus crisis.

Apropos is a standalone property and tenancy management app supported by a network of self-employed local agents currently covering 44% of the UK but mostly in the major conurbations with the busiest lettings market.

This includes Edinburgh, where its HQ is based, as well as Manchester, Liverpool, Leeds, Birmingham and London.  More announcement on local agents are expected soon.

But its launch timing is brave to say the least as the Coronavirus pandemic is likely to keep home moves subdued despite yesterday’s market ‘restart’.

Link to portal market newsThis has prompted joint MD David Alexander (left) to comment, saying: “Our day to day priorities remain the safety, security, and welfare of all our staff, landlords and tenants.

“We must operate in the most responsible and flexible way we can during these extraordinary times.

“But equally it is important to recognise that the coronavirus outbreak, despite the current lockdown and difficulties it is currently imposing on all of us, will not last forever.”

Fees

The proptech service takes a percentage cut of rental turnover plus a £250 set-up fee per tenancy and is aimed at  portfolio of all sizes.

It is available via an smartphone app or online via a laptop and enables landlords to monitor and manage properties while leaving the lettings and property management work to the platform’s local representatives.

It also advertises its properties to tenants via its feeds to the three main UK portals.

Tenants also use the app to book viewings and provide feedback on the property, submit and track their full rental application online, pay their rent and book their check in date.  In addition, they can report and monitor maintenance online during their tenancy.

Read more about Apropos.

May 14, 2020

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