Breaking Property News 13/08/24

Daily bite-sized proptech and property news in partnership with Proptech-X.

 

Over 600 agents streamline operations with virtual tours provided by trusted premier industry supplier

The UK property market is experiencing a significant transformation, with estate agencies increasingly adopting virtual tour technology to streamline the sales process and reduce operational costs. Made Snappy 360, a leading provider of virtual tours and floor plans, is at the forefront of this shift, offering an innovative solution that allows estate agents to create comprehensive virtual property tours with just one image per room using a 360 camera.

With over 600 estate agents across the UK now utilising Made Snappy 360’s services, the benefits of this cutting-edge technology are clear. Recent data reveals that properties listed with virtual tours sell up to 31% faster than those without, according to research from Matterport. Furthermore, a study by Zillow indicates that listings featuring virtual tours receive 50% more views compared to those without.

Virtual tours are not only enhancing the visibility of property listings but are also proving to be a cost-effective solution for estate agencies. Traditional property viewings can be time-consuming and resource-intensive, often requiring multiple visits before a sale is secured. By offering virtual tours, agencies can reduce the number of physical viewings needed, leading to significant savings in both time and money.

Made Snappy 360’s technology makes it easier than ever for estate agents to create engaging virtual tours. With the ability to generate a full virtual tour and floor plan from just one image per room using a 360 camera, agents can quickly and efficiently showcase properties to potential buyers. This streamlined process not only reduces the time agents spend on-site but also ensures that listings go live faster, further accelerating the sales process.

“At Made Snappy 360, we’re committed to empowering estate agents with the tools they need to succeed in a competitive market,” said Mark McCorrie, CEO at Made Snappy 360. “Our technology is designed to save time and money while providing a superior service to both agents and buyers. With over 600 agents across the UK already on board, we’re proud to be leading the way in this digital revolution.”

To experience the benefits of virtual tours first hand, Made Snappy 360 offers an 8-week no-obligation trial for businesses. This trial allows estate agents to see the advantages of their technology in real-time, helping them make informed decisions about integrating virtual tours into their operations.

Made Snappy 360 is also enhancing its service offerings by integrating with leading CRM systems through a new partnership with the PropTech company GlueDog. Apex27, the first major CRM to integrate with Made Snappy 360, is already benefiting from this seamless integration, with more CRM systems expected to follow suit in the near future. This collaboration streamlines the process of managing property listings and virtual tours, further simplifying, and improving the efficiency of estate agency operations.

 

Andrew Stanton Executive Editor – moving property and proptech forward. PropTech-X

Andrew Stanton

CEO & Founder Proptech-PR. Proptech Real Estate Influencer, Executive Editor of Estate Agent Networking. Leading PR consultancy in Proptech & Real Estate.

You May Also Enjoy

Estate Agent Talk

How Technology is Changing the Prime Property Viewing Experience

The world of luxury real estate has always been about delivering a premium, personal experience. But in today’s rapidly evolving digital landscape, even the most traditional sectors are being reshaped by technology—and prime property viewings are no exception. From augmented reality to AI-driven virtual tours, the way buyers interact with high-end properties has changed dramatically.…
Read More
Love or Hate Rightmove
Breaking News

Average two-year fixed mortgage rate for 60% LTV now cheaper than five-year rate

The average two-year fixed mortgage rate for those with a 40% deposit (60% LTV) is now cheaper than the average five-year fixed equivalent, the first time this has happened since the mini-Budget The average two-year fixed, 60% LTV mortgage rate is now 4.18%, while the five-year equivalent is 4.19% The gap between average two-year fixed…
Read More
Overseas Property

How UK Property Investors Can Manage Exchange Rate Risk When Buying Off-Plan Overseas

Off-plan purchases are especially common in developing overseas property markets with a high proportion of international investors. In these less mature markets, a significant share of stock is sold directly by developers, making off-plan transactions a natural sales model. These opportunities appeal to international buyers because they typically require less upfront cash due to extended…
Read More
Breaking News

Foxtons Lettings Market Index – March 2025

London rental market gains momentum as new rental listings surge, Foxtons data shows   March saw a 14% increase in new rental listings across London compared to February Applicant registrations rose by 11% month-on-month in March. Year on year, demand was stable, tracking just 2% below March 2024 levels The average rent in March stood…
Read More
Breaking News

UK’s mid-market firms show improved business growth in March but economic uncertainty continues

Key findings: NatWest’s Mid-market Growth Tracker shows improved business growth in March, led by a strong service sector performance SMEs register a softer decline in output levels during March Market conditions remain challenging and we could see continued challenges in the coming months   Mid-market businesses continued to outperform the wider UK economy in March,…
Read More
Breaking News

ONS Private rent and house prices UK – April 2025

The Price Index of Private Rents (PIPR) measures private rent inflation for new and existing tenancies. The UK House Price Index measures house price inflation. Main Headlines Average UK monthly private rents increased by 7.7%, to £1,332, in the 12 months to March 2025 (provisional estimate); this annual growth rate is down from 8.1% in…
Read More