Graphical representation of the technology behind efficient sales and conveyancing for UK estate professionals. | Image: Estate agent software demo logo

What is proptech and how it changed the uk property market

PropTech enhances estate agents’ efficiency by streamlining transactions and automating tasks. It improves communication, allows agents to manage more sales without extra staff, and fosters better client relationships.

Technology keeps reshaping how estate agents work with clients and handle property transactions. 

PropTech – short for Property Technology – brings new tools and methods that make property sales more streamlined and productive.

You might have heard the term PropTech being mentioned at industry events or in conversations with other estate agents.

What is PropTech?

PropTech, short for property technology, encompasses a wide range of software applications and innovative digital solutions that are specifically designed to enhance and optimize various processes within the property sector. These tools aim to improve efficiency and streamline operations.

estate agents proptech

These technologies help you automate routine tasks, speed up communications, and simplify property transactions for everyone involved.

For estate agents who want to stay ahead in today’s market, PropTech offers practical ways to improve operations. 

Since your clients now expect quick responses and regular updates about their property transactions, PropTech helps you meet these expectations.

The best part?

You can do this without adding extra staff or hours to your workday.

How proptech has changed property sales

Think back to how property sales worked just ten years ago. 

Remember the stacks of paper files, endless rounds of phone tags, and those long chains of manual updates? 

PropTech has changed all that. 

proptech for property sales

Now, you can handle documents digitally, send automated updates to keep clients informed and track every step of property sales through online platforms. 

Your phone isn’t ringing off the hook with status update requests because clients can check their progress whenever they want.

These changes mean you can spend more time building meaningful relationships with your clients instead of getting buried in paperwork.

Making propertytech work for you as an estate agent

When choosing PropTech tools for your agency, you want something that makes your work easier and not more complicated. 

Look for systems with straightforward interfaces that your team can use immediately. 

  • Firstly, you’ll want strong security features to protect sensitive information.
  • Next, the tools should work smoothly with your current systems. 
  • Most importantly, they should bring clear benefits to your daily operations.
property tech estate agent

So, what’s in it for estate agents?

With the right tools, you can handle more sales without hiring additional staff. 

Your clients stay happy because they get clear, timely transaction updates

You’ll spend less time on routine tasks and more time on activities that grow your business. 

Plus, you’ll have better data to help you make informed decisions about your agency’s direction.

What’s next for PropTech?

The property sector never stands still, and neither does PropTech. 

New technologies like artificial intelligence and improved data analysis are on the horizon, ready to bring even more changes to how estate agents work. 

By starting to use PropTech now, you’ll be ready for whatever comes next.

Take Rello, for example. 

We’re working at the forefront of this change, offering estate agents a platform that makes sales progression clear and manageable. 

By putting all property chain information in one place, we help you work more efficiently while keeping your clients better informed.

Getting started with PropTech

If you’re thinking about modernizing your agency’s operations, starting with PropTech doesn’t need to be overwhelming. 

The key is to begin with areas where technology could help you most – perhaps in sales progression or client communications.

proptech estate agents

Conclusion

PropTech isn’t just about adding technology to your agency – it’s about making your work more efficient while offering better client service. 

The property market keeps changing, and PropTech helps ensure your agency changes with it, staying competitive and ready for the future.

Want to see how PropTech can improve your sales progression? 

Learn more about our solutions for estate agents, or book an onboarding call to get started. And if you’re curious about what’s happening in the PropTech world, here’s why we believe the future of sales progression is here.