Breaking Property News – 17/05/24
Daily bite-sized proptech and property news in partnership with Proptech-X.
New digital ecosystem Home set to transform how we move and manage our homes
With moving home widely acknowledged as one of life’s most stressful events, pioneering new digital ecosystem Home is set to revolutionise the moving process, for the first time allowing movers to connect in real time to their agent, conveyancer, broker and move services through one digital platform.
Free to use for consumers, Home gives movers visibility and control of every step of their move by connecting all parties involved in a transaction in real-time. With an easy-to-use app, Home consolidates every aspect of the home buying and selling process in one place with clearly defined transaction stages, real time support and guidance, signing and consolidation of all documents, access to property professionals and seamless single source communication.
Beyond the move, Home also supports household budgeting and payments, plus access to the most comprehensive list of home services ever compiled under one platform, from removals, insurance, utilities, council tax, storage, packing supplies, white goods, interior design, smart home technology, home office and more. Homes key features include: ‘Homehub’ is the central hub where users manage their home. Users are able to see all relevant information about their property in one place.
‘Move Wizard’ enables movers to track and interact with the key stakeholders involved in their property transaction in real-time. ‘Home Store’ is Home’s front-door to a curated range of lifestyle products and services, specifically selected to make life at home easier and more joyful. ‘Home Runner’ – a team of home experts on hand to support the digital experience and organise any services Home users may need, from gardening to dog sitting.
Leading estate agency brand Foxtons is the first agent to start rolling out the game-changing Home as part of its MyFoxtons service offering, with other national, regional agents and conveyancers providing Home to their customers very soon. Founder and CEO of Home.cc, Matt Spence.
Proptech Parcel SafePlace wins new partnerships with student accommodation operators Collegiate UK & Fresh Student
Parcel SafePlace, a leading PropTech parcel logistics service that provides technology for secure and convenient deliveries for residents while enhancing operational efficiency for property managers, has announced the signing of two prominent Purpose-Built Student Accommodation (PBSA) operators Collegiate UK and Fresh Student.
The deals will provide digital parcel amenities, implementing technology across 82 PBSA buildings and servicing an additional 28,500 beds in the UK.
Students during term time have some of the highest delivery volumes, from Sep-Nov 2023 PBSA properties received on average 4 times more parcels per unit than BTR buildings, for a 300 unit building that equates to 2,700 more deliveries to manage during this time period.
The partnerships will provide the technological infrastructure needed for these operators to effectively manage parcel volumes. By digitising the delivery path, a range of PropTech solutions which are modified for each building, streamline deliveries providing added security and 24/7 access for students.
Dustin Fjeld, CEO and Founder of Parcel SafePlace, commented: “As investment into PBSA continues to grow, it’s clear from the consumer demand, that parcel rooms are an essential amenity. We are thrilled to partner with Collegiate UK and Fresh Student to implement our PropTech services and expand our presence in the PBSA sector. Being appointed across these sites, highlights a significant milestone for Parcel SafePlace as we continue to revolutionise digital parcel management solutions for students nationwide.”
whole new set of products and services to address climate challenge and deliver more comfortable homes and lower energy bills along the way.
PriceHubble powers Mitsubishi Estate’s real-time Gen AI property consultant
PriceHubble, Europe’s leader in property data solutions for finance and real estate, is powering an innovative generative AI solution launched in beta version on the Japanese market by Mitsubishi Estate, Japan’s leading real estate developer.
Mitsubishi Estate recently announced the beta version of a novel solution on the Japanese market — a real-time generative AI property consultant powered by PriceHubble’s property data solutions. Leveraging property valuations, visualization technologies and artificial intelligence, the service, already available in beta version, delivers detailed property insights in a chat format.
This service provides transparency on residential real estate value in a rather opaque environment, enabling Mitsubishi Estate to deliver a premium customer experience. It provides customers with comprehensive information that includes price valuation, a rating for the location, a price heatmap of the area, price trends among surrounding properties, and insights into the property’s features, all presented in a conversational format. Thanks to generative AI, it enables customers to ask questions and get more details as if they were speaking to an advisor.
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