Major estate agency invests £1.7m for own property management portal
Summary
Spicerhaart has partnered with Rex Software to develop a bespoke property management platform following a five-year £1.7 million investment. The system is intended to improve operational efficiency and help the business respond to increasing compliance demands, including changes associated with the Renters’ Rights Act.
Why it matters
Residential property surveyors should note the continued investment by major agencies in compliance-led proptech, as this can affect how tenancy and property management information is recorded and shared. The reference to evolving landlord and agent obligations also signals a wider shift in operational standards across the sector.
Key points
- Spicerhaart and Rex co-developed a custom property management platform over two years.
- The investment is part of a five-year £1.7 million programme.
- The system is intended to support scaling, efficiency and compliance requirements.
- The company cites the Renters’ Rights Act as one of the regulatory drivers.
- Future development may include automation and selected AI tools.
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