Matterport

  • Latest property news
    Latest property news

    Airbnb trials sharing rental fee income with landlords

    Airbnb in the US has struck a deal with a major build-to-rent landlord in its home city of San Francisco to share profits when tenants sub-let their homes via its home-sharing service. Veritas Investments, which owns and manages over 200 mainly Art Deco buildings containing some 5,000 apartments within the city, is to pilot a scheme that will enable some of its tenants to rent out their apartments via Airbnb, which will then share its fees with the company in return. A separate property management company called Pillow Residential will then handle the bookings and change overs. Five blocks that include 100 apartments in the city belonging to Veritas are included in the pilot scheme and the company is to take 10% cut of any vacation rental fees generated by Airbnb bookings. “If you look at the business models of the 1980s and 1990s you had very clear boundaries, but when you look at companies like Airbnb you realise they are both collaborating and competing on different levels – so it’s not a clear like is used to be, and may never be again,” says James Morris-Manuel, EMEA Director at 3D viewings firm Matterport. More affordable Veritas told The San…

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  • Latest property news
    Latest property news

    Next year is make or break for proptech, say leading portal exec

    The next twelve months are going to be a tipping point for technology in the housing market, two of the industry’s leading proptech figures have said. Speaking at this week’s conference organised by The Negotiator at The London Hilton hotel, Paul Whitehead, Chief Strategy Officer at ZPG and James Morris-Manual of 3D tours platform Matterport both made the prediction, although from different perspectives. Paul (pictured, below) told the audience of agents that although the past two years had seen a huge “flurry of activity” in the proptech world, he thought it was time for them to deliver. “A lot of these businesses are getting to the point where there needs to be either good traction in terms of customer usage or product deployment”. “I think the rubber needs to start hitting the road a little bit and the next year will see of the proptech companies either coming through and making a success of it, but inevitably some are going to fail too.” ZPG has invested in or struck partnerships with several proptech start-ups including neighbourhood info platform PropertyDetective, repairs company Fixflo, peer-to-peer lender Landbay and online mortgages firm Trussle. James from Matterport (pictured below) said he agreed that the…

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  • Latest property news360 degree tours
    Latest property news

    Virtual viewings app for smartphones launched

    A 360-degree tour tech firm is to launch a real-time service that will enable agents to offer virtual viewings. The system, it says, will be the first in the world to offer real-time, two-way viewings on mobile phones and laptops. Eyespy360, which is based in London, says this this will help agents cut down the number of physical viewings agents have to complete by eliminating tyre-kickers, and enable agents to concentrate on qualified leads. “Why wouldn’t a potential buyer look at a virtual tour first instead of turning up blind and then having to walk away when they realise it’s not for them,” says CEO Andrew Nichols (pictured, right). EyeSpy360, which launched in May last year and already counts Countrywide, Arun Estates, JLL and developer Octagon among its clients says it will launch the product in “a few months”. Started up in May 2016 but in development for six month before that, EyeSpy360 began by creating an affordable way for agents to offer high quality 360-degree property tours. Samsung Gear Whereas some companies charge up to £4,000 for their proprietary kit, the EyeSpy360 system can be used with any of the 360-degree cameras on the market, which start at around £200 for…

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  • FeaturesNew innovations image
    Products & Services

    New tricks

    Great ideas, products and services abound in all sectors of the property industry. Here we round up some of the most recent innovations to hit the market.

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