Edited & published by Rayhan Rafiq-Omar

Latest Posts

  • Proptech Weekly #57 – The people behind Fixflo and their journey

    | Rayhan Rafiq-Omar

    We often obsess about business models, but it’s the people that power the profits. It was Ian Springett that pulled off the impossible to sign up 20%+ of UK estate agencies to OnTheMarket.com. In a week where the man behind the business is in the dock, it’s been riveting reading about the legal case and […]

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  • Proptech Weekly #56 – what does an innovative agency look like?

    | Rayhan Rafiq-Omar

    Base property – located in London’s trendy Shoreditch – punches above its weight by using quality of service, training and technology. We spoke with MD Krjstan Byfield who set up the business with An Deckers in 2004. Friends, Feudal Landlords, Commoners We often hear of companies like Purplebricks and Openrent lowering fees for people to […]

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  • Proptech Weekly #55 – Zoopla, Hometrack and property data porn

    | Rayhan Rafiq-Omar

    I’m no fan of Hometrack or Zoopla’s wildly off guesstimate of your home’s value. But you have to take your hat off to Alex Chesterman for yet another share price rise inducing deal. Friends, Feudal Landlords, Commoners, Yesterday was yet another example of how much of a legendary entrepreneur Alex Chesterman is. No-one else in […]

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  • Fantasy Proptech M&A #2 – Building the British Realogy

    | Rayhan Rafiq-Omar

    Friends, Feudal Landlords, Commoners, In 2014 I wrote this: Seriously, in a massively fragmented property industry, few companies make big money and none come close to dominating in any sphere. What is it about estate agency that perpetuates an incredibly long tail of same-same service providers. There’s very little difference between one agent and another, […]

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  • Proptech Weekly #53 – Are real estate agents AI safe?

    | Rayhan Rafiq-Omar

    Friends, Feudal Landlords, Commoners, When Michael Bruce recently announced the results of his firm Purplebricks, much of the presentation focused on their success at generating online enquiries for people looking to sell and buy homes. It seems fairly obvious that this is the part of agency that generates revenue – finding new customers. But it’s […]

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  • Proptech Weekly #52 – 2016’s top Proptech stories, companies and people

    | Rayhan Rafiq-Omar

    Friends, Feudal Landlords, Commoners, It used to be the property people who were resistant to change. But 2016 was the year the technology people stuck their fingers in their ears and sang la-la na-na-na. The clamour for agent tech has been loud this year. Property professionals have increasingly embraced simple tools like Fixflo to help […]

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  • Proptech Weekly #51 – A vacuum of leadership

    | Rayhan Rafiq-Omar

    Yesterday Brandon Webber, the New York based founder of Hightower, took to a London stage to talk about his firm’s merger with VTS and his view of the future of innovation in the property industry. What was obvious to everyone in the crowd is that the person speaking was knowledgeable about his customers and created […]

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  • Proptech Weekly #50 – The Ghosts of Estate Agents Past, Present and Future

    | Rayhan Rafiq-Omar

    Friends, Feudal Landlords, Commoners, It’s been a year many of us will never forget. But will we take the current lessons forward? Were we listening, or did we descend into (re)moaning? Reading the comments under Property Industry Eye news articles reminds me of the story of Scrooge – he who ignored all around him and […]

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  • Proptech Weekly #49 – The Rental Revolution

    | Rayhan Rafiq-Omar

    Friends, Feudal Landlords and Commoners, The big news this morning was Robert May’s tweet commenting on the other big news: “Agents will also be required to tuck tenants into bed and make sure they have a teddy or blankie!” Link He is of course commenting on the impending ban of lettings agents charging fees to […]

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  • Prop/Tech Weekly #48 – Fantasy Proptech M&A – Easyproperty

    | Rayhan Rafiq-Omar

    Friends, Feudal Landlords, Commoners, The story of Zoopla’s rise is one that fascinates me. Very few people attribute the success to the M&A (mergers and acquisitions) activity that created the UK’s second favourite property portal (by virtue of buying up or merging with all the others except Rightmove). The burden of innovating was left to […]

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