proptech
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Features
Proptech – Transformers
A wave of new companies is challenging the old ways of the property industry, with immensely clever technological solutions. Lisa Isaacs spoke to some of the people who are transforming property.
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Latest property news
Fintech firm reveals it values properties based on sewer cocaine level data
Savills-backed Fintech firm Proportunity has said it uses data taken from cocaine level measurements in sewers to help it value homes.
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Features
Will proptech save the property business?
Sheila Manchester discusses new technology with the UK’s leading authority on the subject.
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Proptech
Former Savills associate launches P2P app that cuts out estate agents
A new peer-to-peer app on iPhones launched by a former Savills Associate will offer vendors and landlords direct access to tenants and buyers.
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Latest property news
Two rental proptech firms announce large distribution deals
Canopy and Credit ladder get access to tens of thousands of potential tenant customers via new partnerships.
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Latest property news
Hello Again… agent instructions on autopilot
While Government research suggests that 80 per cent of purchasers are pleased with the service from the selling agent, few vendors use the same agent when they next sell.
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Latest property news
InTouch Display – the upmarket touch screen
InTouch Display, the pioneer of through-window touch screen technology for agents, has just landed at the UK’s most exclusive address: Park Lane, London...
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Latest property news
Spark launches digital home move assistant
Spark, the multi-utility group built around the property industry, has launched Tili, a digital home move assistant that sets up essential home utilities for tenants and generates extra revenue for its partners.
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Latest property news
Agents increasingly turning to high property valuations to win instructions
Evidence of sales agents aggressively over-valuing properties to gain instructions has emerged following research by proptech firm Agent Software, which has blamed the trend on “tricky market conditions”. Some 1,000 or more agents use its Spectre tool to generate instructions and the company says it has received increasing number of them reporting aggressive over-valuations by competitors. “The vast majority of agents value properties correctly and offer fantastic customer service, but it’s those who don’t that cause problems for the industry as a whole,” says Heather Staff (left) from Agent Software and one of the co-creators of Spectre. “We work with thousands of agents across the country and the feedback we’re consistently getting is that in a competitive and challenging market, some agents are overvaluing in order to get the instruction from the vendor.” The company says it is picking up the increased over-valuation because its Spectre tool is designed to help agents spot properties that have been over-valued and then target their vendors for the ‘second instruction’ when the first agent fails and they come out of contract. Agent Software claims that over valuations mean some properties languish on the market for longer and leave vendors in a weaker position…
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Latest property news
Residently set to ‘shake up the sector’
Residently, a new UK rent-torent business, plans to shake up the online lettings sector...
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