Breaking Property News – 28/07/2023
Daily bite-sized proptech and property news in partnership with Proptech-X.
Bricks&Logic are capturing property information and creating a story for better completion rates
Michael Joyner, Chief Data Scientist, at Bricks&Logic explains, in the ever-evolving world of property, why staying ahead of the competition is crucial for estate agents, and why iterations of established services really can make a difference. The following article is Michaels comprehensive thoughts first published earlier this year, which pinpoints in his view exactly how forward thinking agents can gain more market share.
‘As technology continues to reshape the industry, agents are constantly on the lookout for innovative tools that can streamline operations and attract potential clients. One such tool that has gained significant traction in recent years is the instant valuation feature on agent websites. While this tool initially delivered promising results by generating high-quality leads, its effectiveness has started to decline due to poor quality valuations and a lacklustre user experience. Agents and clients alike have grown wary of its shortcomings, leading to a loss of trust and missed opportunities.
Novyy Rooms completes the acquisition of 50-student rooms in Coventry as a part of their Student Housing investment strategy.
Press Release Novyy, a unique fractional ownership platform focusing on the British buy-to-let market, has recently achieved a significant milestone in its investment strategy by acquiring 50 student rooms in Coventry. This strategic decision marks a pivotal moment for Novyy as it ventures into the lucrative student housing sector. Recognizing the immense potential and growing demand in the student housing market, Novyy has strategically diversified its investment portfolio to include this promising sector.
According to the founder and CEO of Novyy, Ashish Saraff, “there has been a significant increase in the demand for student housing in recent years. This surge can be attributed to the rising number of students in the country as well as their growing inclination towards seeking complete university experience, particularly after being indoors during the COVID-19 pandemic”.
“Students are actively seeking alternative housing options off-campus due to growing financial constraints and rising living costs. As a result, there is a surging demand for private rental solutions, such as Houses in Multiple Occupations (HMOs),” he added.
tylfe says – Stay Protected This Summer!
Tlyfe says – Summer is right around the corner, and we can already feel the excitement building up! As you gear up for the sun-soaked adventures and unforgettable memories, we want to make sure you’re all set to have a worry-free summer. That’s why we’re here to remind you about the incredible importance of Tenant’s Insurance and how you can quickly sign up through our tlyfe app.
Why Tenant’s Insurance is the Coolest Thing for Your Summer:
Let Go of Worries: Summer should be all about fun and relaxation, not fretting over potential mishaps. Tenant’s Insurance has got your back in case of unforeseen events, like accidental damages or theft. So, you can dive into the season with total peace of mind!
Chill with Coverage: Picture this – a backyard BBQ, great company, and good times. But what if something goes awry, like someone getting injured on your property? Tenant’s Insurance offers occupiers’ liability to protect you from those unexpected hiccups and legal headaches.
Andrew Stanton Executive Editor – moving property and proptech forward. PropTech-X
You May Also Enjoy
Breaking Property News 5/10/26
Gap between house prices and earnings narrows
New Scheme Could Double Solo Buyer New-Build Options
Annual house price growth halves in September
Homesellers say valuation appointment is key