PropX claims to ‘re-think’ reporting
A new inventory and inspection platform built by UK company Fvtvre has launched, aimed at letting agents and landlords in England. Its founders say that PropX brings the inspection process, from booking a visit to sharing a signed report, into one platform available on the web and in apps for iPhone and Android. Agencies using the system get their first five tenancies free.
It says the system was developed to address the work that sits around an inspection, including organising a visit, turning photographs and notes into an inventory, gathering comments and signatures, and comparing the property’s condition when the tenancy ends.
“We’ve rethought how inspections are captured and reported,” said Michael Crickmore, founder of PropX.
Combining tech and the human touch
An agency can assign the visit to a member of its team, an inventory clerk, the landlord or the tenant. Whoever carries out the inspection photographs each room while PropX uses computer vision to suggest the items and their condition. The inspector then reviews, edits and confirms each item before it becomes part of the report.
After the check-in report is submitted, the tenant is invited to review it and add comments before both parties can sign off on their phones. At check-out, the platform shows the condition at the end of the tenancy next to the check-in record, room by room and item by item.
The company says this gives agencies greater flexibility over who captures an inspection. Landlords can also use PropX directly to carry out inspections and share the results with their tenants. It is also designed to support the evidence used in deposit disputes.
PropX can be used on its own or connected to Xero, QuickBooks, Google Drive, Dropbox and Slack, or to other systems through its open API.
Agency plans start at £27 a month for up to 25 properties, with unlimited seats for agency staff.
