Book a demo

Let a friendly Gnomen expert answer all of your questions and take you through the system online in 15 minutes. Just choose a time that suits you.

username pass repass
CAPTCHA Image Refresh
Sales: +44 (0) 208 123 9019 Support: +44 (0) 208 629 1208

Montana H

Business Development Director

Share Facebook LinkedIn Twitter

Proptech what is it and how can it help estate agents?

If you're an agent that likes to keep up with the news or often heads to industry events, then it's likely you'll have noticed an increased use of the word 'proptech'.

Gnomen, Property Software, Software for Estate Agents, Proptech,  Portals, Property Technology

Much like 'the cloud', proptech's definition is pretty straightforward it's technology specifically designed to improve processes in the property industry.

That said, is proptech just another buzzword being used to make new businesses sound interesting to estate and letting agents?

In some cases, yes. In many cases, no.

Some so-called proptech products have revolutionised the way the property industry works.

Many people would argue that the best example of successful proptech are the two biggest portals, Rightmove and Zoopla.

Most of us would agree that the majority of property buyers now begin their search online, via these websites.

Their existence and subsequent success has therefore changed the way people buy homes in the UK and the websites have now developed into very powerful consumer tools.

From a behind the scenes point of view, many people consider repairs management service Fixflo to be a leading example of successful proptech.

The system allows tenants to report repairs 24/7 in over 40 languages.

Since launching in 2013, Fixflo is now used by over 1, 000 agents and has been used by tenants to report over 100, 000 repairs issues.

Five years ago, this technology didn't even exist. Now, it has become the norm after successfully identifying a genuine problem and offering a genuine solution.

The use of technology in our industry is everywhere we look some of the biggest estate agents are now adapting their offerings to provide a streamlined hybrid service.

Estate and letting agent software is also a great example of proptech. Done properly, property software can help estate and letting agents to get things done faster and more accurately.

Here at Gnomen, for example, our cloud-based system allows agents to seamlessly run every aspect of their business from one place.

So, next time you hear the word proptech, you may still be sceptical but you must remember that proptech is all around us and partnering with the right firms will help you to develop and streamline your business processes.

Gnomen provides cloud-based property software for estate and letting agents. To find out we can help you to manage your team and workload effortlessly online, get in touch on: 0208 123 9019.

You can book a free demonstration of our estate and letting agency software here.

Share this article

Share Facebook LinkedIn Twitter

Montana H

Business Development Director

Twitter LinkedIn

Gnomen news

Its time for agents to emphasise the value for money they offer

The cost of moving has hit a record high but agents fees have remain unchanged in the past year. Thats the main take home from an annual study of transaction charges by home moving site

> Read more

The digital revolution of property

For a while now, the government has talked a lot about speeding up the house buying process to benefit both buyers and sellers.

> Read more

Estate agents now is the perfect time to target new sellers

There is traditionally a post Christmas boom in housing activity, hitting a peak in February and March as buyers and sellers seek to push deals over the line.

> Read more

Why letting agents should target the student accommodation market

A new year is now upon us, and there are a number of reasons for letting agents to embrace 2019 with a sense of positivity and optimism.

> Read more

Government faces backlash over deposit cap Uturn

The government recently announced a U-turn on its plans to cap tenant deposits at six weeks rent, with the amount tenants have to pay upfront to secure a home now set to be cut to five weeks for

> Read more

Why virtual tours can help your agency to thrive

One feature which has proved more and more popular in recent years is virtual tours which allow would-be tenants and buyers to experience a home without actually being there

> Read more

Average estate agent fees across the country

As an estate agent, the fee you decide to charge vendors is extremely important.

> Read more

Facebook enters the property market - is this the future

Given its huge reach, influence and audience and as a place where photos, videos and words can be shared instantly between large numbers of people its perhaps surprising that its taken this long for

> Read more

What is the latest with the letting agent fees ban

The ban on letting agent fees charged to tenants announced by Chancellor Philip Hammond in November 2016

> Read more

Should high street estate agents be offering more online services

While the majority of estate agents operate from the high street, there has been a growing trend in recent years for online/hybrid operators eager to disrupt the market and challenge the status quo.

> Read more

Gnomen Plans for longer tenancies revealed what could this mean for agents

In an attempt to give people renting homes in England more security

> Read more

Reminder for agents-there are now only two redress schemes

As of this month, there are only two government-approved redress schemes operating in the housing market. This follows Ombudsman Services: Property's withdrawal from the sector on August 6.

> Read more

How has the property market performed since Brexit

It was one of the most seismic political shocks in years and has continued to overshadow daily life ever since, but how has the UKs decision to leave the European Union affected the property market

> Read more

Why are consumer organisations taking aim at the lettings industry

> Read more

Why good software can help agents thrive in a difficult market

The woes of the high street retail sector have been well documented, with major names such as Marks & Spencer, House of Fraser and Debenhams announcing store closures, while the likes of Maplin and Toys R Us have gone out of business altogether.

> Read more

Upheaval in the online agency world shows increasing importance of digital

> Read more

The countdown to GDPR why compliance is crucial

The introduction of strict new data regulations is now only a matter of days away.On Friday 25 May 2018, the General Data Protection Regulation (GDPR) will replace the Data Protection Act 1998 and apply to all countries in the EU.As Britain is still a member of the union at this point, the new rules will be unaffected by Brexit.

> Read more

Heres why the rise in Millennial renters is a good

> Read more

Build to Rent growth means letting agents

One of the fastest-growing parts of the private rented sector is Build to Rent, where large-scale, institutional investors pump money in to provide bespoke, purpose-built rental accommodation for tenants.

> Read more

professionalising the industry

> Read more