Business Growth

Business Growth

The role of connectivity in the future of the property market

To enable a new era for the property market, connectivity needs to become a priority for estate agents looking to take their business to the next level and provide an even better service to their customers. We will be running meetings with the Coadjute team across various dates in January 2022, where you can find out more about our new features within Openview.

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Business Growth

How using the right tech can help to transform an agency’s business

Tech, as it has been shown more than ever during the pandemic, can be a wonderful thing – bringing people closer together, providing entertainment, making life more convenient, saving lives and keeping the country running during its biggest health crisis in a century. But tech solutions on their own aren’t always the answer – it needs to be the right tech, utilised in the correct way to really answer a need or desire. And it needs to evolve the market rather than attempting to disturb or disrupt it, as some PropTechs do. We often hear from agents that they are faced with too many PropTech solutions, with PropTech that is answering a question that no-one was asking. However, getting the right tech in place can help to transform, grow and enhance an agency business.The big question is – how do you go about choosing the right products and services? Here, …

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Automation

Now Is The Time To Work Together

With the stamp duty holiday nearing an end, it has never been such an important time for every stakeholder of your business to work together. Whether it be buyers, sellers or conveyancers, the market is being pushed to its limit as more and more buyers rush to beat the deadline. According to Rightmove, approximately 700,000 homes are nearing completion significantly putting pressure on the resources of agents. From 1st July 2021, the threshold to which stamp duty begins is £250,000, from September 2021 stamp duty will be paid on any property bought over £125,000. First time buyers however will not pay any stamp duty on properties costing up to £300,000. The good news is, should a situation arise in the future, where you’re significantly being put under severe strain to get property purchases over the line, our Openview property software can help. Openview allows every stakeholder of your business to …

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Business Growth

Engage Your Agency With Openview

Manage. Engage. Automate. This blog is the second in a series of three blog posts exploring the Openview ecosystem. If you missed our first blog exploring how Openview can help you manage your business, please click here to read it. In this blog, we are going to be looking closer at the engage side to Openview. How can Openview assist your business in engaging with clients, colleagues and partners? How can we enhance your communications through our innovative solutions? In today’s current market, it’s quite clear how important communicating with every stakeholder of the business is, that’s why engagement is a crucial element in our ecosystem. To begin with, the engage part of our Openview ecosystem comes in three distinctive components, Openview Assist, Openview Connect and Openview Services. Openview Assist has been designed to look directly at your business; we’ll conduct a consultancy on your business looking at the four …

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Business Growth

Manage Your Agency With Openview

Manage, Engage and Automate with Openview. But what do we mean by this? This blog is part 1 of a series of 3 blog posts where we’ll be exploring the Openview ecosystem. To begin with, we’re looking at how Openview can help manage your agency. Agency is in constant change, staff, compliance, working practices and this is only going to accelerate. For example, agents are seeing changes to the stamp duty holiday, right to rent changes are due whilst changes to the Section 8 form has come in. With all this constant change, it has never been such an important time to manage your business and bring order to this confusing change, enabling you to work on the business and not fire fight in the never-ending additions being put against you. That’s where our Openview property software comes in. Openview allows you to manage your agency through three different diverse …

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Business Growth

How To Gain New Instructions

As a letting or estate agent working in such a competitive market, instructions are crucial in order to grow your business. We at VTUK are aware that finding instructions is becoming more and more difficult as vendors and landlords go online and become harder and harder to find. As well as this, many landlords are exiting the industry as more and more compliance is introduced whilst vendors are continually being put off by the speed of the sales process. That’s where our Openview property software comes in. Openview is your forever software, with all this constant change Openview brings order to your confusion enabling you to work on the business rather than fire fighting in it. For example, our Openview software provides you with the tools needed to stand out in such a competitive environment and gain new instructions. Openview Toolbox features a repair reporting tool we call Task Manager. …

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Business Growth

How To Increase Business Value

Whether it’s your landlords, tenants, contractors or vendors, making them value your business is crucial to not just retain your business but enhance the reputation of your brand. Transparency The first thing you should consider is your communication between parties. Think about launching a portal where all business parties can communicate in one place. This is all possible with Openview. Compliance With over 150 lettings laws, letting your landlord know you’re compliant is key to maintaining a good relationship. Earn a qualification through ARLA or NAEA to showcase your professionalism in the industry or keep up to date with all compliance using our e-guides, available on our Openview Enterprise Facebook Group. Landlord Seminars Share your knowledge as a letting agent at your very own business seminar. This will give you a chance to stand out against any competition in the market whilst network with current or potential landlords. Click here …

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Business Growth

Tip 2: Upselling

This is really to focus and formalise on the way that you upsell during the tenancy process. We’ve got a lot of stuff in place for our clients, things like online landlord portals, repair reporting and a whole host of innovative prop-tech that will generate you additional income which you may not be using at the moment. You can look at key areas, like utilities and communication packages and link to those companies so there is an automated process in place. Therefore, you’re not increasing your overhead but you are generating additional revenue from the tenancy. Discover Openview property software, call 0800 328 0460, email info@vtuk.com or visit vtuk.com.

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Business Growth

Your Success Checklist

We’ve put together a checklist of questions you should be asking yourself as an agent. When it comes to acquiring new landlords, defining your business strategy is key. Our checklist has everything you need to plan for success and is exclusive for our Openview users. Download the checklist on our Facebook group designed exclusively for our Openview and VTUK users, calling 0800 328 0460 or emailing info@vtuk.com.

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