Weekly News Roundup – 15/03/24
A roundup of the week’s top property and proptech news stories in partnership with Proptech-X
Inventory Base & Street Group partner to make agents more profitable
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.
How to elevate your Portal with AI property search?
According to Ascendix Technolgies, ‘Property search is usually a hard task requiring plenty of effort, research, and time. To accomplish this, the majority of modern rental marketplaces offer keyword search in combination with filters and Geosearch. However, if future tenants are not sure about what exactly they want, or are just browsing, these search approaches simply do not work.
Imagine if users could talk to the search bar, just like they talk to ChatGPT, and get results that fully match their needs. It would be like having a conversation with a friend who understands exactly what they’re looking for.
AI-powered search and Natural Language Processing algorithms do just that. In our article, we explore how this process happens, and investigate AI search from the perspective of a customer and the technology behind it.
Traditional Property Search and What’s Wrong with It?
Most real estate portals and booking websites employ a combination of keyword and faceted search (filters and sorting), e.g., Booking.com or Airbnb, with the addition of Geosearch. While filtering involves toggling through property criteria, keyword search aims to precisely match user queries with website content, akin to using a book index.
Alto customers get access to ViewMyChain to help reduce fall throughs
Press Release LONDON, UK – 12 March 2024 – Alto, the market-leading software for estate agents and part of Houseful is pleased to announce its latest integration with ViewMyChain, the UK’s only data-driven chain management tool. This integration enhances the sales progression process for estate agents by providing greater visibility, responsiveness to changes and certainty.
ViewMyChain’s innovative platform offers data-led intelligence and full visibility of automatically constructed chains, including split chains, allowing estate agents to achieve faster completions and reduce fall-throughs.
“We are excited to partner with ViewMyChain to provide our customers with enhanced tools and capabilities with which to navigate the sales process,” said Riccardo Iannucci-Dawson, Chief Operating Officer at Alto. “This integration reflects our commitment to empowering estate agents to have everything they need to run their agency, all in one place.”
With the integration of ViewMyChain into Alto’s marketplace, Alto customers can access ViewMyChain’s features which have a track record of delivering meaningful business improvements for users.
Key benefits of the integration include; Faster completions, Fewer fall-throughs, Split chain visibility and Automatically constructed chains – freeing up valuable time
“We are thrilled to join forces with Alto to improve the sales progression process, saving agents valuable time whilst delivering more certainty for all stakeholders,” said Paul Halliwell, Executive Director of ViewMyChain. “Together, we are empowering estate agents with the tools they need to succeed, especially during challenging market conditions when every sale matters.”
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