Automation

Automation

Sustainability and automation – how you can reduce your carbon footprint

We have all heard the terrible forecasts and listened to Sir David Attenborough’s speeches on the environment and the “We still have time to act” message could not be more central in all our thoughts, including the Government. There can be no doubt that the biggest thing to affect the UK property industry over the next 10 years will be environmental sustainability and the adverse effects of global warming. This is based on the simple fact that a massive 40% of the UK’s emissions come from households. Yet, in speaking to our agents at the coal face we have found that very few (less than 5%), actually have a policy, to achieve net-zero by 2050, especially worrying when this date is set in Law and even more surprising when over 50% of our clients recognised sustainability as a “very serious” issue for the industry. Maybe the explanation is in that …

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Automation

How automation can help smooth over the end of the stamp duty holiday

As the stamp duty holiday on concessionary bandings finally draws to a close on September 30 2021, many across the UK hoping to make use of the discount rush to finalise their home purchases. The surge in demand must be accompanied by automation of tasks and transactions, linked to a seamless communications system, to make the process smoother, more efficient and faster. The tax reduction has contributed to the bounce-back of the UK housing market, making purchasing a property more attainable, but as it ends transactions are expected to decrease in the short-term as some of the incentive to buy and sell is lost. The stamp duty holiday effect Since its inception in July 2020, hundreds of thousands of home movers living in the UK have benefited from the stamp duty holiday. Initially, it was capped at £500,000, then reduced to £250,000. September 30 2021 marks the final end of …

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Automation

Revealed – how automation can help agents keep their businesses fully secure

A recent news story (below) will have set alarm bells ringing for agencies up and down the country when it was revealed that a former employee of a high-profile London agency had been accused of stealing the firm’s client database and handing it to a competitor agency in the local area. There have also been other stories about employees stealing cash from an agency and forcing it to close. Mercifully, such incidents are very rare, but they do happen. These incidents highlight the need for agents to have strong security measures and protocols in place, to reduce the chances of databases or money being stolen. This is important for both large corporate agencies and local one-branch agencies alike – who handle large volumes of money and data on an annual basis. How can agents keep themselves safe? Automation really comes into its own when it comes to security. Whether it’s …

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Automation

Why the stamp duty rush highlights the need for automated processes

Automated processes could be the best solution to meeting increased demand in the housing industry. The Covid-19 pandemic, the stamp duty holiday, and the 95% mortgage scheme have contributed to the increased housing demand across the UK. The surge in activity continues to put pressure on those working within the property industry. Working quickly to meet deadlines and avoid delays with larger volumes of clients, paperwork to complete, and transactions to the process have made the landscape more challenging. On June 30 2021, the first term of the stamp duty holiday will end at a £500,000 house value threshold. After June 30 2021, the threshold will be reduced to £250,000 until September 30 2021. Automating transactions, sales progression and tenant maintenance reporting could allow more time to speak to prospects, network with landlords or carry out viewings. By automating these processes in a way that tailors directly to the agency, …

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Prop Tech

Automate Your Agency

We asked out tribe to describe Taurus… What’s Taurus? Built within Openview, Taurus is our automation system. Using what we call business process management, Taurus can automate those employee activities that either cost the company valuable time or are business critical to the company. As well as this, Taurus can provide your business with 100% security by monitoring staff transactions, financial transactions, preforming continuous backups, monitor and control all safety and compliance as well as comply with all your pre-existing security measures. This is our response to the problems created by employee-dependent applications. Taurus can levering your organisations IT system by creating a real-time, responsive infrastructure. Who’s it for? Taurus is for property professionals needing to save time in and outside the office. Our Taurus system is suitable for any estate agent, landlord, leasehold block manager, lettings manager, new homes builder, property manager and social housing provider. How does it …

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