Breaking Property News – 14/03/24

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

 

Inventory Base & Street Group partner to make agents more profitable

PRESS RELEASE London, March 2024: Inventory Base, the UK’s leading property inspection software provider, and Street.co.uk, a pioneering estate agency software and CRM, are proud to announce an integration partnership that promises to drive operational change for property professionals and estate agency businesses across the UK.

Street.co.uk has transformed how agents operate throughout the country, giving them access to innovative tools and revolutionary workflows to help them stay ahead of the competition. Now with this latest powerful integration, Street.co.uk agents can benefit from Inventory Base’s award-winning property inspection desktop and mobile app, capturing a range of flexible, detailed property reports that help them save time and money.

With a range of features and tools to leverage, agents can immediately reap real-time benefits, such as improved accuracy, faster turnaround times, and a reduction in administrative overheads. Plus, thanks to Inventory Base’s and Street.co.uk’s advanced OpenAPIs, there is an easy syncing of key data between the two platforms – allowing for a seamless workflow, reducing manual duplication and administration, as well as access to features to improve the estate agency process.

This gives property professionals the time they desperately need to focus on client relationships, build pipelines, explore new revenue opportunities and support strategic decision-making, all while elevating standards and setting the benchmark for efficient property inspection and reporting practices in the industry.

Steve Rad, CEO of Inventory Base, “This partnership is a pivotal win for our mutual customers in the property industry. There’s a real synergy between Inventory Base and Street.co.uk, and this integration will make workflows much easier for estate agents, substantially boosting their bottom line. What’s more, by seamlessly automating data between Inventory Base and Street.co.uk, our collaboration equips real estate professionals with a 360-degree view of their business, giving them powerful tools that amplify their capabilities and streamline their operations.”

Heather Staff, Co-Founder of Street.co.uk, “Street.co.uk’s integration with Inventory Base marks a significant addition to our growing portfolio of partnerships and expands our offering for our lettings clients. Our goal has always been to equip estate and lettings agency professionals with advanced tools, and this collaboration further strengthens that commitment. Through seamless integration via our Open APIs, Street.co.uk agents can now bridge their CRM’s latest property information with Inventory Base’s sophisticated software solution for producing professional inventories, conducting inspections, and beyond, setting them up for success.”

Inventory Base provides a powerful, user-friendly platform for creating detailed property inspection reports, and this landmark partnership with Street.co.uk will enhance these features even further by harmoniously integrating the two platforms, offering combined property management and CRM solutions that help sales and letting agents across the UK stay one step ahead of the competition at all times.

Inventory Base is the most advanced property inventory software and property inspection app on the market. Part of an expanding family of inspection and reporting solutions, including Property Inspect and Host Inspect, Inventory Base is used by a variety of industry professionals across the world, including property managers, housing associations, lettings agents, landlords, conveyancers, and inventory clerks. With an established reputation for trusted, innovative and feature-rich software, Inventory Base supports professionals in a range of property verticals, enabling the development of new revenue streams and service opportunities through its technology.

 

REdirect Consulting partners with SAY Property Consulting

PRESS RELEASE London – March 2024: REdirect Consulting, the global real estate technology solutions provider, has announced a new strategic partnership deal with SAY Property Consulting – leading property advisers in strategic operational management for the living and mixed use sectors.

The partnership deal marks a significant milestone for both organisations in a collaborative move to strengthen the overall service offering provided to real estate companies operating in the UK’s Rental Living market sector, by leveraging their respective expertise to drive efficiency, add value and boost return on investment.

For REdirect Consulting, the strategic partnership will enable the firm to facilitate a more comprehensive offering to its clients in the Rental Living market sector. SAY will provide consultancy advice on matters such as operational budgets, amenities and services, landlord and tenant solutions and estate management strategy – bolstering REdirect’s real estate technology solutions services.

SAY Property has established itself as a key player in the UK’s residential sector, providing expert consultancy advice for some of the country’s leading residential and mixed-use schemes. The scope of SAY’s expertise encompasses the entire life cycle of a development – from the design and planning stage, through to the construction phase to occupation.

REdirect Consulting has been a global player in the PropTech sector for the past 20 years and provides innovative solutions that include Robotics Process Automation (RPA) and AI to enable its clients to streamline operations, reduce costs, and increase efficiency for property companies of all sizes.

Callum Board, Client Success Director for REdirect Consulting, said: “The Rental Living market sector in the UK is in its infancy compared to the sector in the US and Europe. Even though the sector has seen significant growth over the past decade, Rental Living still only represents just 1% of the overall housing sector and less than 5% of the housing rental market.

“By leveraging our expertise in real estate technology with a major player like SAY Property, our clients can drive efficiencies by streamlining and automating business processes, deliver growth through return on investment and provide inspiring places for people to live and work.”

Debra Yudolph, Founder and CEO of SAY said “The partnership with REdirect enables us to bolster the support we can offer to our clients in the rental living space. Bringing together our knowledge of strategic operational management and REdirects’s expertise in innovative PropTech solutions will add real value to our clients.”

“The importance of choosing and implementing the right technology platform for operational assets cannot be understated and designing the operational approach alongside the procurement and implementation of the tech stack will always deliver the best results.”

Formed in 1999, REdirect is a leader within the PropTech services space and is home to some of the most skilled and experienced MRI and Yardi consultants in the business. After successfully operating in the US for more than 20 years, REdirect entered the UK market earlier this year after opening an office in London.

REdirect’s mission is a trusted property technology consultancy, providing innovative solutions that streamline operations, reduce costs, and increase efficiency for property companies of all sizes. It is a global business with offices in London, New York, San Francisco and Sydney.

SAY Property Consulting is an award-winning advisory business established to provide strategic operational management advice in the living sector. From how places function to how they feel – SAY helps clients understand how they happen. Caring about creating better places by knitting together data, passion by utilising our unbeaten operational knowledge.

 

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

Breaking News

Almost one in five first-time buyers seeking max 60% LTV mortgages

Almost one in three (31%) first-time buyers are opting for 90% LTV mortgages, and a further 10% are looking at 95% LTV options. This hints at many first-time buyers relying on 5-10% deposits. This translates to £13,650 to £27,300 at the average UK house price of £272,995 [source]. Almost one in five (17%) first-time buyers…
Read More
Breaking News

Property values bounce back in October

The latest Halifax Property Index shows that: – House prices rose by +0.6% in October vs a fall of -0.3% in September Fourth time in last five months that the average price has increased Average property price now £299,862, edging up to a new record high Annual rate of growth rises to +1.9% (up from…
Read More
Breaking News

UK house prices rise at fastest pace since January

House prices rose by +0.6% in October vs a fall of -0.3% in September Fourth time in last five months that the average price has increased Average property price now £299,862, edging up to a new record high Annual rate of growth rises to +1.9% (up from +1.3% in September) Mortgage approvals reach highest level…
Read More
Rightmove logo
Breaking News

Rightmove accelerates AI product delivery to surface more potential sellers and buyers for agents

The UK’s largest property platform Rightmove is today announcing a series of AI developments for consumers and partners, to help agents reach more potential sellers, buyers and renters. There are currently 27 AI initiatives in development, as Rightmove makes AI technology central to its platform to benefit partners and home-movers. Four new developments – two…
Read More
Estate Agent Talk

How to Pick the Best Option for your Business’ Broadband

Having a dependable broadband connection is crucial for any business. Whether you run a small office or a larger company, a slow or unstable connection can disrupt work, affect communication, and reduce productivity. Picking the right broadband package does not have to be complicated, but it does require careful thought about your business’s specific needs…
Read More
bank of england interest rate
Breaking News

Bank of England Hold’s Interest Rates at 4%

With the Bank of England holding Interest Rates at 4%, here are some thoughts from the Industry. Matt Smith, Rightmove’s mortgages expert: “Ahead of one of the most widely anticipated and discussed Autumn Budgets of recent times, it was unlikely the Bank would go for another interest rate cut so close to the announcement and…
Read More