In our Elevate ’24 Release Webinar, we unveiled the future of Reapit technology – and it’s all about pushing boundaries, driving efficiency and simplifying your workflows like never before. This isn’t just a product update; it’s a giant leap towards a unified, integrated platform that elevates your entire estate agency experience.
And with PayProp now part of the Reapit family, we’re bringing together the UK’s most powerful CRM solution with the leading automated rental payment collection and client accounting platform. It’s a dynamic duo designed to enhance your productivity, and judging by the feedback from our early adopters, it’s hitting the mark.
State of the Industry: A Market on the Rise
The UK housing market is showing strong growth, with house prices rising 1.4% over the first 7 months of 2024. That’s a big deal, considering the ups and downs of the past few years. Even better, according to Rightmove, buyer demand has surged by 25% compared to last year, thanks to growing consumer confidence and an improving economy.
But let’s talk about the lettings market. Renters are finding it harder than ever to find properties, with a third fewer rentals available compared to last year. This tight market has seen Rightmove report that letting agencies are averaging 19 applicants per property. It’s a busy time, and with agents out of the office, it’s crucial to have tools that keep you productive on the go.
We’re also keeping an eye on the upcoming Renters’ Rights Bill. The government’s guidance outlines sweeping changes that will transform the lettings market. We’re working to ensure our platforms, including PayProp, can help you stay compliant while providing excellent service to landlords and tenants while helping you attract new clients.
PayProp Integration: The Future of Payment Automation
We didn’t just merge with PayProp for the sake of it – it’s part of our strategy to make your life as a property professional easier. PayProp is the UK’s leading rental payment platform, helping agents automate and safeguard rent collection, reconciliation and payments. With the new Reapit and PayProp integration, you can:
- Streamline the pre-tenancy processes to invoice new tenants sooner.
- Manage renewals and payment term changes, cutting down on data duplication.
- And soon, handle works orders and contractor payments in just a few clicks.
All of this is available today, enhancing collaboration, improving agency cash flow and boosting productivity.
Reapit Go: Your CRM On-the-Go
The property market never stands still, and neither should you. That’s why we’ve launched Reapit Go – our mobile-first app designed with you in mind. This isn’t just a light version of our CRM; it’s a powerful mobile app built to give you flexibility when you need it most – on the road.
Reapit Go was built with your feedback at the heart of every decision. We listened to our customers through surveys, workshops and interviews, and you wanted more flexibility, more power on the go, and a tool that’s intuitive and fast. The result? A mobile app that lets you manage property keys, streamline new appointment workflows, filter diaries and even open property addresses in apps like Google Maps or Apple Maps for quick directions.
But we didn’t stop there! Based on your feedback, we added other useful features like draft messages, journal entries, calendar views with colleague diaries, and an easy-access reminders template. The Reapit Go beta was a massive success, and we’re just getting started – expect more exciting updates as we continue to refine the app.
Reapit Bookings: Automated Viewings? Yes, Please!
In a market where time is of the essence, Reapit Bookings is your go-to solution. It’s designed to cut through the noise and make sure you’re connecting with quality applicants – fast. Automating pre-qualification and allowing applicants to book viewings directly means you can spend less time on admin and more time building relationships.
During our early feedback rounds we heard loud and clear that you wanted more control and flexibility around your calendar, and that’s exactly what we delivered. Whether you’re pre-allocating viewing times or personally vetting applicants before offering calendar access, Reapit Bookings gives you the control you need. Plus, all data syncs seamlessly to Reapit’s CRM, reducing admin and keeping everything under one roof.
CRM Enhancements: Insights and Integrations that Matter
Homesearch Integration
With Homesearch, we’re bringing even more powerful insights into the Reapit platform. Want to equip your agents with unbeatable data? The new Insights Hub gives your agents access to property data on millions of UK homes – 16 million more than any other source. From sales history to local market insights, this tool arms your team with everything they need to impress clients and win instructions.
Then there’s Re:Contact, your effortless way to uncover new opportunities. Exclusively integrated with Reapit, Re:Contact tracks property changes like new listings, ownership transfer and price drops – automatically! It even keeps tabs on every client address you’ve ever registered, including archived ones. This means you can reconnect with past clients and jump on fresh opportunities without lifting a finger.
UPRN Integration and Enhanced Compliance
We’re committed to compliance and data accuracy, which is why we integrated UPRN and What3Words technology. Not only will this help you stay compliant with the National Trading Standards’ guidelines, but it also provides precise data for rural locations.
Sales Progression Enhancements
We heard you – sales progression can be a pain. That’s why we introduced a new Sales Progression Dashboard to give you a clear, organised view of all your transactions. You can now display split chains, customise milestones and add commonly requested fields like sales progressor.
Key Management Updates
Keys are essential and managing them should be straightforward. That’s why we’ve introduced a dedicated Key Management screen, replacing the old Keys Power Report with a comprehensive overview of all keys in your office. Track movements, check locations and stay on top of key management with ease.
The Elevate ’24 Release wasn’t just an update – it was a commitment to pushing the boundaries of what’s possible. From powerful mobile solutions like Reapit Go to integrations like Reapit and PayProp, we’re here to help you simplify processes, stay compliant and ultimately, win more business.
Missed the Elevate ’24 Release webinar? Don’t worry – you can catch all the exciting updates and innovations at your own convenience. Watch the On-Demand recording now.
