Giving #PropTech a chance? Names to look out for…

August 21, 2015

New ideas in Property, Innovation in Property, new property startups and more are all subjects relating to what is now an industry sector in itself, #PropTech.

Slowly, but surely, we are seeing not only more and more new #Proptech companies entering the industry, but their services / products being adopted by estate / letting agents across the UK. I can certainly sympathise with agents in that of recent years we have seen so much new in the world of marketing, softwares and technology with the property industry that is can be hard to both keep on top of things and also to have the time to spare in order to give news ideas a chance. Social Media has impacted strongly and positively that agencies across the UK are flocking to Twitter and Facebook in order to grab their market share and usually with naivety on how things really work, throw in to the works estate agency apps, video pods, Periscope, softwares, portals, drone photography and more then we’ve a situation where it’s ‘information overload’.

What I do suggest for all estate agencies is that they take the time, be it themselves as the owner or one of their younger members of staff who may understand technology better, to invite one of the up and coming #PropTech companies to pitch to them what they can offer their estate agency. It may only take up half an hour of your time and usually will be a free consultation and most certainly with many of the newer start ups, they’ll be pleased to give you a free trial run, so looking in to this should certainly be a worthy spend of your time.

#Proptech is big and getting even bigger! Though today many will see it as unnecessary extra offerings to their already high spending budgets, estate agents need to at the very least keep a basic note on what is happening in this side of the industry.

I invite #PropTech companies to comment on this post and leave their details on who they are and what they offer so that Estate Agents reading will be able to select one of them to give an opportunity to learn more about how #PropTech can help their agency.

I am certainly not saying that property tech will be over taking your current marketing techniques, but I do feel that agencies would be very wise to give #PropTech companies an opportunity to prove themselves as they will have no doubt done with one or two rival agencies within your local target area.

#PropTech companies please leave your details in the comments below:

Christopher Walkey

Founder of Estate Agent Networking. Internationally invited speaker on how to build online target audiences using Social Media. Writes about UK property prices, housing, politics and affordable homes.

You May Also Enjoy

Estate Agent Talk

Four to five houses is the sweet spot for first-time buyers

House hunting before the stress kicks in Just 20% of us feel excited on a first property viewing, rising to 47% by viewings 4 to 5 There’s a U shape trajectory of excitement when it comes to the viewing process However, there is a gradual rise in stress levels the more properties viewed Overall just…
Read More →
Estate Agents should not all look the same
Letting Agent Talk

Opinion: Why Letting Agents Are The Cape-Wearing Heroes Landlords Need 

By Sally Lawson | Agent Rainmaker Let’s be honest – no landlords signed up to become compliance officers, legal experts, or legislative gurus. They signed up to invest in property. And yet, the weight of the regulatory obligation that’s landed on their shoulders has never been heavier.  And that’s even before the Renters’ Rights Act…
Read More →
Letting Agent Talk

Void periods ease following RRA implementation, but remain higher than a year ago

The latest analysis by property management specialist, Rushbrook & Rathbone, has found that average rental void periods across England have eased since the implementation of the Renters’ Rights Act (RRA) in May, suggesting that landlords are beginning to adapt to the new legislative landscape. The firm believes many are using this period of change as…
Read More →
Estate Agent Talk

76% of Poor Conveyancing Experiences Feature Communication Issues

Konnect You analysis finds that communication issues feature in more than three in four poor conveyancing experiences, with missing updates, slow responses and repeated chasing emerging as common frustrations. Communication problems, including limited updates, delayed responses and repeated chasing, featured in 76% of poor home-mover conveyancing experiences analysed by Konnect You. The findings suggest communication is a major factor in how home movers experience delays.…
Read More →
Breaking News

1 in 8 new-build homes unsold after six months

Developers hold their nerve as one in eight new-build homes remain unsold after six months   Jonathan Samuels, CEO of specialist lender, Octane Capital, believes that developers are increasingly prioritising profitability over speed of sale, with new-build homes spending longer on the market as developers resist unnecessary price reductions and instead look to protect scheme…
Read More →
Breaking News

Rental price and average salary tracker – July 2026

Year-on-year Rental Price Growth Moderates, Yet High Demand and Limited Supply Continue to Push Rents Higher London recorded the strongest monthly rental growth, with average rents rising from £2,385 to £2,484 (+4.2% month-on-month). As a result, the representative annual salary needed to secure the average-priced rental home increased from £70,050 to £74,520 (+6.4% year-on-year). The…
Read More →