Note: this article refers to Least & AgentsInsight; now Kato.
There are 771 PropTech companies operating in the UK alone. With so many options available, you may be left wondering how all this technology is changing real estate, and how you can best invest your time and money in solutions that have the biggest impact, fast. These solutions exist to improve efficiency and ultimately get your transaction fees paid quicker, so check out our list of the powerful tools that will transform your workflows.
For a commercial agency team, AgentsInsight provides you with a central place to collaborate on your properties, enquiries, deals and marketing efforts. Used by over 2,000 commercial leasing agents across the UK, you should definitely take a look at this tool.
With the most comprehensive property data set in the world - including over 580,000 buildings tracked by a team of researchers and 30 years of data - it is hard not to use CoStar as a reference point. Frequently listed as one of the best PropTech companies in the world, thousands of agents look to CoStar for the data and insights needed to get ahead of their peers in an increasingly competitive landscape.
LoopNet is a prime example of why investment in PropTech is soaring. Acquired by CoStar Group and now called LoopNet, this is the most heavily visited commercial real estate marketplace in the UK. With over 268 million visits to their website in the last 12 months, LoopNet is the place to market your clients’ properties for a successful leasing campaign!
This is your modern, digital mapping platform with comprehensive property data to easily research and value commercial property. Now an established PropTech staple, Edozo boasts clients ranging from JLL, CBRE, Colliers and BNP Paribas Real Estate.
Are you tired of AML checks slowing down your transactions? From simple checks to comprehensive AML verification, Third Fort has your back and is working with companies such as Knight Frank and Strutt & Parker. Least Update: we have recently formed a partnership with Third Fort meaning AML checks are conducted seamlessly without occupiers needing to leave the Least platform!
They’re leading the real estate market in digital twins, turning physical buildings into data, and making every commercial space more valuable and accessible. A great tool across the entire lifecycle of a building, Matterport is particularly useful for marketing properties using their 3D models.
When we look at how PropTech is changing real estate, it’s easy to forget some of the staples of digital transformation. It is more important than ever to implement streamlined solutions across your entire business - not just with real-estate-specific solutions, but with a CRM, or even accounting software. Tools like Xero or Quickbooks can transform your bookkeeping and make your and your accountant’s lives much easier!
Who doesn’t like taking your favourite clients out for a breakfast, lunch or maybe an after work drink? All of those receipts can become a nuisance at the end of the month. Pleo is a smart business expense solution that frees you and your team up to focus less on admin, and more on fee-generating activities!
And of course there is Least, a free tool for commercial leasing agents that empowers you to negotiate and agree heads of terms on the move, getting your fees paid quicker and keeping your landlord clients happy with an average void period reduction of 70%.