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TODAY'S OTHER NEWS

PropTech tie-up allows more virtual tour options for investors

Automated lettings platform PlanetRent has partnered with virtual reality technology company The 360 View to provide virtual tours of rental properties.

The partnership will allow agents to create ‘immersive’ virtual tours that they can attach to the property listing through the PlanetRent platform.

Renters who use PlanetRent will be able to access a four-minute virtual tour of their desired property, while accessing additional information about rent, location and size.

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PlanetRent, which claims to automate key processes such as compliance and marketing, has been developed in-house by residential property consultancy Ringley Group, which has invested over £2 million in creating a suite of technological solutions for the residential market.

In addition to allowing residents to view properties, the platform ensures landlords and property investors are fully compliant by providing legally required paperwork: it also comes with a deposit-free option and has a standardised pet-friendly clause that agents and landlords can insert into tenancy agreements.

Mary-Anne Bowring, founder and creator of PlanetRent, comments: “Landlords and agents who use PlanetRent will be able to instruct our partner to carry out virtual tours of their properties, and they will take care of the rest.”

“Virtual property tours have seen a surge in popularity since the coronavirus lockdown, and we’ve certainly spotted a gap in the market for high-quality video virtual tours for the residential property market.”

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    Surely it's a 4 minute video, not a virtual tour?

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