The Property Franchise Group (TPFG) has been trialling property blockchain network Coadjute’s digital property data pack and smart forms and has now announced plans to rollout the service across nationally.
It comes after a successful pilot across 12 TPFG branches over the past five months, which are reported to have saved 25 minutes per transaction on average, which equates to around 39 working days. TPFG sees it as a key tool in helping their network and consumers speed up transaction times and cut fall-through rates.
Adam Noonan, group commercial director at The Property Franchise Group, said: “We’re delighted by how the Coadjute pilot performed and are looking forward to building on these results in future.
“We know that in today’s market, consumers are increasingly anxious about the whole process and by offering access to the Coadjute network, we can help to ease these concerns and offer a level of transparency around the process, whilst speeding up transaction times. Coadjute’s technology enables everyone in the property transaction a clear view of what is happening and when, thanks to the real-time connection.”
Dan Salmons, chief executive of Coadjute, added: “When the team at TPFG came to us they were looking for a technology solution that could make a real difference for their franchisees and customers. Coadjute's ability to pre-fill digital property data from multiple sources and enable it to be shared securely got great feedback from the start. We couldn't be prouder to be helping the UK's largest estate agency franchise to deliver a truly digital experience for their customers.”
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The data exchange express is coming down the tracks at full speed - isn't it time that all agents and other stakeholders got their ticket and jumped on board. Full disclosure Coadjute are a client of mine - but I fully endorse them as real estate in the 2050's will be a digital data industry like all others and there needs to be a single underlying operating system that all the disparate moving parts can plug into and enjoy the oversight and speeded level of service and execution.
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