Book a demoLet a friendly Gnomen expert answer all of your questions and take you through the system online in 15 minutes. Just choose a time that suits you. |
Much like 'the cloud', proptech's definition is pretty straightforward – it's technology specifically designed to improve processes in the property industry.
That said, is proptech just another buzzword being used to make new businesses sound interesting to estate and letting agents?
In some cases, yes. In many cases, no.
Some so-called proptech products have revolutionised the way the property industry works.
Many people would argue that the best example of successful proptech are the two biggest portals, Rightmove and Zoopla.
Most of us would agree that the majority of property buyers now begin their search online, via these websites.
Their existence and subsequent success has therefore changed the way people buy homes in the UK and the websites have now developed into very powerful consumer tools.
From a behind the scenes point of view, many people consider repairs management service Fixflo to be a leading example of successful proptech.
The system allows tenants to report repairs 24/7 in over 40 languages.
Since launching in 2013, Fixflo is now used by over 1, 000 agents and has been used by tenants to report over 100, 000 repairs issues.
Five years ago, this technology didn't even exist. Now, it has become the norm after successfully identifying a genuine problem and offering a genuine solution.
The use of technology in our industry is everywhere we look – some of the biggest estate agents are now adapting their offerings to provide a streamlined hybrid service.
Estate and letting agent software is also a great example of proptech. Done properly, property software can help estate and letting agents to get things done faster and more accurately.
Here at Gnomen, for example, our cloud-based system allows agents to seamlessly run every aspect of their business from one place.
So, next time you hear the word proptech, you may still be sceptical but you must remember that proptech is all around us and partnering with the right firms will help you to develop and streamline your business processes.
Gnomen provides cloud-based property software for estate and letting agents. To find out we can help you to manage your team and workload effortlessly online, get in touch on: 0208 123 9019.
You can book a free demonstration of our estate and letting agency software here.
As a letting agent, it will help your cause if you know what tenants want, as you can then offer advice to your landlords on where they might want to be focusing their attentions when sourcing new tenants – or trying to keep existing ones in place.
There has been much debate in recent years around classing high-speed broadband as a utility, given its importance to the modern world and the smooth functioning of the UK's increasingly tech-led, digitised economy.
With 2020 nearly upon us, and the recent emphatic win by the Conservatives expected to provide some stability and certainty after years of the opposite.
Thanks to a fast-moving world, how we now communicate in all parts of life is very different to how we communicated even a decade ago.
It was recently revealed that reservation agreements – locking buyers and sellers into a deal to prevent fall-throughs and chains from collapsing – are to be trialled by some agencies and conveyancers in early 2020.
In one of the most ground-breaking industry announcements for many a year, the Regulation of Property Agents (RoPA) working group finally released its 54-page document proposing root and branch reform of the agency industry in mid-July.
The recommendations of an independent review into selective licensing in the private rented sector were recently announced
The field of contenders to replace Theresa May as the next Conservative Party leader and Prime Minister is being whittled down
For a robust property market functioning at its peak, demand needs to be high, supply needs to be steady and sales need to be going through on a regular basis.
We've looked in the past at the importance of protecting data and complying with new data protection legislation, and why a secure system is vital for agents in preventing money laundering and other suspicious activities from taking place.
Its been a long time coming, and has provoked plenty of debate criticism since Philip Hammond first put the proposals forward to ban letting fees in his November 2016 Autumn Statement, but the Tenant Fees Act finally comes into play on June 1.
As an agent, you want to sell and let as many homes as possible to enhance your business, boost your reputation and improve your profit margins. Leads from the portals play a crucial role in finding the right buyers and tenants for your
For estate and letting agents across the UK, the next few months are set to be challenging thanks to the introduction of the ban on letting agent fees charged to tenants and the ongoing uncertainty surrounding Brexit
It was recently revealed that new guidance has been issued by the Property Ombudsman (TPO) over what it labels a growing issue namely that of dual fees.
Agents have been accused of doing 'not nearly enough' to report money laundering, according to a claim made by the government's anti-money laundering campaign.
The cost of moving has hit a record high but agents fees have remain unchanged in the past year. Thats the main take home from an annual study of transaction charges by home moving site reallymoving.com.
For a while now, the government has talked a lot about speeding up the house buying process to benefit both buyers and sellers.
There is traditionally a post Christmas boom in housing activity, hitting a peak in February and March as buyers and sellers seek to push deals over the line.
A new year is now upon us, and there are a number of reasons for letting agents to embrace 2019 with a sense of positivity and optimism.
The government recently announced a U-turn on its plans to cap tenant deposits at six weeks rent, with the amount tenants have to pay upfront to secure a home now set to be cut to five weeks for