Property Software

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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Automation

Collaboration With Automation

“Stop fighting the inevitable and embrace the change.” The first and foremost emotion which people exhibit when AI or automation is mentioned is FEAR. Fear of the unknown and the dread of not being in control, all mixed in with a deep set Apathy as there are those that also believe it will take their jobs, or they struggle with the concept of not being in control. Simply put, IT WON’T. We have worked with Letting and Estate Agents for the past 33 years and we empathise deeply with the legislative pain that in particular letting agents have suffered in the past 2 years. However, it is now time to do something about it, take the bull by the horns and embrace technological advancement. We are not talking about machines meeting people at houses and taking them for tours, that’s just a gimmick. What we are talking about is taking …

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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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Compliance

Register Your Agency With HMRC

With just weeks to go until the deadline, letting agents must register themselves with HMRC to remain AML compliant. By June 10th 2021, any letting agent, residential or commercial who lets property at or above 10,000 euros or £8,600 or more per month must register. Of course these changes came in last year under the Fifth Money Laundering Directive bringing agents in line with estate agents, so many letting agents will already be compliant. Further information can be found on HMRC’s website – https://www.gov.uk/guidance/registration-guide-for-estate-agency-businesses. Registering an agency is much more than simply clicking register, agents must put certain documents in certain places in order to remain anti-money laundering compliant. As well as this, there are clear, defined procedures that need to be put in place in order for agents to remain completely compliant. Agents must be aware of customer due diligence, the roles and responsibilities of their staff, whilst an …

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Compliance

Right To Rent: What’s Changing On May 17th?

From May 17th 2021, Right to Rent Checks can be carried out in person as per the changes to the coronavirus restrictions. Previously, on March 30th 2020, restrictions were put in place for agents and landlords to carry out Right to Rent Checks via video link to the tenant. Should an agent or landlord have carried out a video link check between the 30th March 2020 and 16th May 2021, a repeat Right To Rent Check is not necessary as an online check via video call is suitable enough. From May 17th 2021, agents must either: Check tenants right to rent face to face, keeping a record of their original documents. Or Use the Home Office’s Right To Rent Online Service. This can be found at the link below – https://www.gov.uk/view-right-to-rent. Of course, keeping copies of these checks is vital in order to maintain compliance. With so many properties on …

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Prop Tech

Grow Your Business With CRM

CRM systems such as Openview can significantly help you as a property professional grow your business. Ultimately, there are two things growth comes down to, reducing costs and increasing revenue. It has never been such an important time for letting agents to utilise CRM, below we’ve examined what you can do. Value Think carefully about what separates you from the agent across the road? Offer customers value by delivering them services through your CRM. This doesn’t come easily, it’s vital you have a deep understanding of what your CRM can do to improve your business insight. One example of this is Openview’s repair reporting tool, Task Manager. By offering tenants the chance to report repairs instantly, online you’ll be defining yourself from the agent down the road who doesn’t have this service, whilst offering them value as you’ll be saving the tenant and yourself time. Industry leader, Peter Knight recently …

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Automation

What’s Taurus Automation?

Taurus is our automation system built to automate those business critical tasks. Click here to read more about Taurus or watch our videos below. Experiencing Problems With Your Property Software? Letting Agents Just Love Taurus Automate Anything? Discover Taurus Automation Software Estate Agents: What’s your Sales Pipeline? Limber Up? Meet Taurus Software for Estate Agents Connect Your Property Software With Taurus Exhausted? Save Time With Taurus Property Management Software Estate Agents: How Are You Communicating With Your Clients? Read the Reviews? Meet Taurus Business Automation Software Is Your Property Software Secure? Taurus Can Help… Find out more about Openview’s automation using Taurus, call 0800 328 0460, email info@vtuk.com or visit vtuk.com.

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Lettings Tips

What’s A Landlords Biggest Concern?

VTUK carried out some research to find out what the ten top concerns landlords have in today’s property industry. Here’s what we found… “My tenants won’t pay the rent?” Many landlords are concerned what to do if their tenants don’t pay their rent. Making the Section 21 process clear with your landlord, whilst utilising our Openview software to automate the arrears process could reassure them, you as the letting agent are managing the rental process efficiently. “My tenants could sublet?” Landlords are concerned if their tenants start subletting their property. Make it clear with your landlord that tenants need permission to do this beforehand whilst ensuring a term is in place in your tenancy agreement for subletting. “My tenants could damage the property?” Managing the rental process is key. Think about using Openview’s repair reporting tool, to give tenants the ability to report any repairs directly to the landlord or …

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