View My Chain Reduces Estate Agents’ Stress

A revolutionary new cloud-based software tool has shown that it can cut estate agents’ workloads and reduce their stress levels.

That’s because View My Chain cuts back on the amount of telephone calls agents have to make chasing up conveyancers and other estate agents. It does this by allowing agents to view their own sales in real-time, as well as other properties in the chain, ensuring their information is accurate. Crucially, it can also alert an agent to a delay in the chain.

“The product empowers good estate agency practice by communicating progress milestones with automated notifications and identifying potential delays and issues with timed lag alerts,” said property lawyer and company co-founder Sohail Rashid. “This gives agents more transparency, control and time through the sales process… it means delays can be picked up and solved”

Meanwhile, a trial showed that properties sold more than two weeks faster when estate agents used the software tool.
Properties selling 15 days quicker with software

More than 100 estate agencies were involved in the trial towards the end of last year. The results revealed that when estate agents used the software they sold a property 15 days faster than when they didn’t (79 compared to 94 days respectively). This was based on an analysis of around 10,000 transactions during the month of December 2016.
The team behind the venture attribute its success to the fact that – unlike previous similar ventures – it doesn’t rely on third party input for its statistics.

Rashid said the platform, which took two years to come to fruition, was a “game changer” by proving that the government’s aim to speed up the sale of residential property was perfectly possible.

“Agents using View My Chain are in a unique position to identify the reasons behind delays, such as connected parties instructing conveyancers, ordering searches and applying for mortgages,” he said. “During trials we have managed to improve the sales progression process.”

North East properties sell fastest
Other data analysed by the company, over a period of three months, showed regional variations in the length of time it took to sell a property. North East was the fastest with an average of around 95 days while East Midlands was the slowest at 152 days. There were also differences when it came to freehold and leasehold properties (99 compared to 117 days respectively).

Depending on their area of interest, estate agents can check certain categories for data. These include such information as the property price agreed, contracts under way, searches ordered, searches back, and mortgage funding.

Meanwhile, there is no hidden selling techniques since the software is independent of any other portal (Rashid did own Property Network, but sold it) and takes details of properties from automated search platforms.

Rashid’s business partner tech-entrepreneur Ian Lancaster announced they had plans to introduce a subscription charge to use the platform within the coming months.

Find out about other new IT and related developments in the property world by checking out our blog and Twitter account. See www.avrillo.co.uk today.

EAN Content

Content shared by this account is either news shared free by third parties or sponsored (paid for) content from third parties. Please be advised that links to third party websites are not endorsed by Estate Agent Networking - Please do your own research before committing to any third party business promoted on our website. As an Amazon Associate, I earn from qualifying purchases.

You May Also Enjoy

Rightmove logo
Breaking News

Rightmove asks government to carefully consider property tax changes

The UK’s largest property platform Rightmove is asking the government to carefully consider the impact of any changes to property taxation to avoid unintended consequences which would risk stalling parts of the market. Key data National property tax Just under a third (30%) of homes for sale in England are priced at over £500,000, and…
Read More
Estate Agent Talk

Get Fast and Reliable Basement Flood Cleaning Services

Having water in your basement is awful. It could be because of a storm, busted pipe, or bad sump pump. Whatever the reason, water damage in your basement has disastrous effects if not dealt with. Basement Flood Cleaning Services are what you need. They will dry it out, disinfect the floor, and have your basement…
Read More
Breaking News

Breaking Property News 21/08/25

Daily bite-sized proptech and property news in partnership with Proptech-X.   Providing comprehensive, predictive operational intelligence across all aspects of building operations  JLL (NYSE: JLL) this week introduced artificial intelligence (AI) capabilities that are now available as an add-on to Prism, its award-winning building operations platform. As part of JLL’s property management technology ecosystem powered by…
Read More
Breaking News

UK House Price Index summary: June 2025

The average monthly rate of house price growth in June was 1.4%. The average annual rate of house price growth in June was 3.7%, up from 2.7% in May. As a result, the average UK house price remains at £269,000.   CEO of Yopa, Verona Frankish, commented: “June’s figures reflect a market that is steadily…
Read More
Breaking News

Private rent and house prices, UK: August 2025

Average UK monthly private rents increased by 5.9%, to £1,343, in the 12 months to July 2025 (provisional estimate); this annual growth rate is down from 6.7% in the 12 months to June 2025. Average rents increased to £1,398 (6.0%) in England, £807 (7.9%) in Wales, and £999 (3.6%) in Scotland, in the 12 months…
Read More
Breaking News

Industry response to latest inflation figures

Nathan Emerson, CEO of Propertymark, comments: “Unfortunately, any increase seen within the rate of inflation does brings very justified concerns to consumers, many of whom are still struggling with the cost of living, which has been steadily rising over the past few years. “Although there is more work to be done to help ensure inflation…
Read More