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TODAY'S OTHER NEWS

Video – Agent speaks out: why I started my own PropTech solution

Agent and co-founder of new end of tenancy PropTech solution The Depositary, Kristjan Byfield, has spoken to Letting Agent Today about why he decided to launch his own supplier product.

In an interview with property professional Chris Buckler, Byfield explains how the Depositary works, why he launched it, as well as his top tip on how agents can add value to their business.

The new product, in partnership with the Tenancy Deposit Scheme, is officially launching today at the EA Masters event in London.

The Depositary automates and streamlines the end of tenancy process from the moment notice has been served/received to the point of refund (and dispute if applicable).

It's the brainchild of Byfield and his business partner An Deckers and is being launched after three years of designing, building and testing.

The solution aims to reduce the number of low-value repetitive tasks letting agents have to undertake, estimating it could save 2.5 hours per tenancy - a saving of roughly 80%.

You can view the short and informative video interview below.

  • Kristjan Byfield

    Great to talk to Chris about what we've built and why and share one of our agency. Had a fantastic time at the EA Masters yesterday where we launched the company- great to talk to an array of agents who are genuinely excited to massively streamline their tenancy conclusion process. We have received over 100 agency inquiries over the last 10-14 days and will start liaising with them from next week. Anyone else interested please get in touch or register interest via our website.

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