BREAKING NEWS – top 5 stories 23/04/2021

Estate Agent Networking Breaking News

PROPERTYMARK TO GAIN INSIGHT FROM PROPTECH COMPANIES

Mark Hayward, ex CEO and now Chief Policy Advisor for Propertymark, is to talk to five of the seven Proptech companies in the REACH UK accelerator. This can be nothing but a good thing, as definitely the world is now digital and it is time that real estate the bastion of legacy systems and analogue realises it needs to service digital natives, who want instant UX.

With my other hat on I must admit to being a mentor for REACH UK, and with another hat on I have to declare an interest, as at least one client who is in the programme happens to be a client of mine, at Proptech-PR.

But the message I would like to convey as an analogue agent of more than 30 years in a previous life, is Countrywide Plc failed because it became a dinosaur, digital is the best way to de-risk any business that touches the asset class of property. Closed minds equals closed doors.

 

MOOVSHACK AND CENTURY 21 UK TIE UP IN WHITE LABEL COLLABORATION

Mick Silver CEO and Founder of Moovshack, a platform-based App, has announced a tie up with the UK arm of the global property group Century 21. Which means that these agents, and their clients will have access to this all singing all dancing property connector.

Mick Silver’s Moovshack, is a next generation property platform/App where the consumer and the agent and other stakeholders can do business together in one place, originated some years before the trend of UX for the consumer became trendy. Many other tech companies in 2021 are now ‘pivoting’ towards interactive ways to do business with the ‘digital native’ public. But, Moovshack already owns this space, and C21 in the UK have done extremely well to seize on this opportunity.

For the longest time agents have seen property portals as the display cabinet for their inventory, and their CRM’s as their toolkit. Moovshack realised that the public though, going on a portal only to see what they want to buy or rent and then having to jump off the site, hoping the agent engaged, is a broken process.

Moovshack is the modern solution, an App where you can view all the properties, whichever portal they are listed on, and stay in that space and directly transact things with agents, rather than hoping the agent picks up on the portal lead.

And as you progress through the transaction Moovshack is where you go to see where you are on the route map, together with the other stakeholders. In a property world of miscommunication and indifference, Moovshack provides transparency and insight at pace.

Again – I must admit that Moovshack is a client, but in no way does this detract from significance of this venture, as the digital empowerment of real estate is very much front of mind at present for all in the industry.

FOXTONS WILL PAY THEIR CEO HIS £1M PAYCHECK

Despite some shareholders dissent, Nic Budden CEO will get, what is in effect a £1m pay check, even though Foxtons are sitting on government backed funding due to Covid.

SEQUENCE NEW HOMES DIVISION AND SPRING DO DEAL

Sequence a sister company to Connells (Countrywide) all owned by the Skipton building society, has done a deal with Spring who are a quick property purchase facilitator with a multi-million- pound level of funding.

This will let Sequence be in the position where it can help out national homebuilders and developers by having an extra avenue to ‘capitalise’ inventory that they would normally be sitting on during a typical part exchange scenario.

WILL RENTERS REFORM BE A PLANK IN THE QUEENS SPEECH IN MAY

In a little over a fortnight the Queen will outline the policies moving froward that the government will be looking to explore and execute. Within this the phasing out of Section 21 provisions has been widely flagged, though it is not a done deal, may be front and centre.

 

 

 

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

Breaking News

Popping the Asking Price Bubble

Where in the Uk Can Buyers Snap Up Property Bargains and Where Properties Go for a Premium Above Asking Price   New research from fast selling property company, Upstix has uncovered the UK’s most surprising postcodes for snapping up a property at bargain prices this year, highlighting a widening gap between sellers’ expectations and the…
Read More
Rightmove logo
Breaking News

Highest demand to lease office space since pre-pandemic

The latest insights from the UK’s number one commercial property website Rightmove, reveals that the number of unique enquiries to lease office space is at its highest point since pre-pandemic, as businesses look for spaces that meet modern requirements. Demand to lease office space is 19% higher than the same period a year ago and…
Read More
Planning disputes on new build land
Estate Agent Talk

Planning consultations for major infrastructure to be streamlined

Robert Bruce, a planning and infrastructure partner at law firm Freeths LLP, said he: “Welcomed the change as a significant step to speeding up the DCO process and the focus on the quality and effectiveness of the consultation, rather than box ticking and a risk averse approach to pre-application consultation due to the current legal…
Read More
Breaking News

‘The property ladder pulls further away’ warns Open Property Group

For many first-time buyers across England, the dream of homeownership continues to slip further out of reach. Despite rising wages, soaring house prices are making it harder than ever to get on the property ladder. A leading UK professional house buying company ‘Open Property Group’ based in Buckinghamshire UK, has raised concerns over the ongoing…
Read More
Estate Agent Talk

How Long It Takes to Buy a House in the UK: 5 Common Delays That Can Slow Down Your Home Purchase

Wondering how long it takes to buy a house in the UK? The average timeline ranges from 8 to 22 weeks, but even that can stretch significantly due to unexpected delays, especially if you’re a first-time buyer or caught in a chain. That’s why working with experienced professionals like Belvoir — one of the UK’s…
Read More
Love or Hate Rightmove
Breaking News

Rightmove to host Renters’ Rights Bill webinar with Guild of Lettings

Rightmove is hosting a live and interactive webinar session with the Guild of Lettings to help agents get Renters’ Rights Ready. The webinar will take place from 10:00am – 11:00am on Wednesday 23rd April. Susie Crolla, Managing Director for the Guild of Lettings, will be joining Rightmove to help agents with questions they may have about…
Read More