Note: this article refers to Least; now Kato
Introducing - Least - a digital tool for landlords and agents to engage with their occupiers in customer-focused leasing, reducing average voids by around 70% - and best of all, it is free for leasing agents. Here is all you need to know...
“Speed is the ultimate weapon in business. All else being equal, the fastest company in any market will win”
- David Girouard
First and foremost, Least is here to help leasing agents get deals done quicker with more certainty. Least lets you negotiate on the move from any device ultimately helping you to close deals faster and get your fees paid sooner. Least offers greater transparency for you and your clients as it gives them real time status notifications, helping you build trust and removing the need for endless updates.
No one enjoys chasing documents, it is a low value task and frankly isn’t very efficient! Least acts as one source of truth on leasing deals, giving all stakeholders access to documents as and when required. Avoid wasting your time chasing documents like service charge budgets and CAD plans. Landlords and their property managers prepare all the documentation in advance, so once a tenant is found, they have immediate access to the required information and the deal can progress with momentum.
Least enables commercial leasing agents to negotiate Heads of Terms digitally. Say goodbye to Track Change Word documents and email chain confusion. The HoTs tool allows agents to build up bespoke templates for your landlord clients allowing you to create, receive approval and issue HoTs much quicker. Occupiers also find the Least HoTs format easier to understand and agree. This, along with the documentation preparation results in a smoother legal process when you hand over to lawyers.
Sophie Crosbie from Colliers West End Agency team said, “Least allows for faster deal conversion. The readiness feature means we’re ‘deal-ready’, it reduces void periods and associated costs. Having all deal information and negotiations on one centralised digital platform gives all parties full transparency and allows for a seamless process which enhances occupier experience from day one.”
Lois Bond from RX London said, “Least increases efficiency in our leasing negotiations three-fold, removing the need for Track Changes in HoTs minimises administrative errors. It enables faster negotiation and a smoother legal process which allows traditional landlords to compete with the flexible market whilst also providing occupiers with a frictionless leasing experience”.
You can read about one of our many happy landlord clients here who reduced their void periods from 14 weeks down to just 32 days! Faster deals mean you get paid quicker and have more time to spend giving clients advice, winning new business and chasing the next deal. Better yet, Least is free for commercial property agents. Get in touch for a quick introduction and we will explain more.