Award-winning property data specialists Sprift have launched their upgraded comparables tool, featuring innovative, unique functionality in the comparables space.
Already recognised as providing a ‘best in class’ comparables tool, the new version, which is live as of today, incorporates new functionality including powerful filters such as £sqft and lease length, an option to manually add off-market or new-build comparables and a unique comments feature allowing agents to better communicate the ‘reasons why’ for each comparable, amongst other new powerful search capabilities.
“By listening to what our agents need and understanding what features they would find most valuable, we’ve designed a new set of functionalities developed specifically to support our users’ requirements…”
Matt Gilpin, CEO of Sprift
Matt Gilpin, CEO of Sprift comments: “While there has been significant innovation in many areas of the proptech sector recently, there haven’t been any major changes in terms of comparables for many years. However, for any professional operating in the property sector today comparables are one of the most important tools of the trade.
“The feedback we’ve received over the last few months from our user base has been that now, due to complex market conditions, comparables reports have become more valuable than ever. By listening to what our agents need and understanding what features they would find most valuable, we’ve designed a new set of functionalities developed specifically to support our users’ requirements, and in doing so have upgraded our existing best-in-class platform.”
This updated version also provides agents with the ability to manually add comparables, for example adding any homes sold off market or new-build as comparables to those already available in the platform. Users can also add their own comments to specific properties, enabling agents to fully customise reports to highlight property-specific information when supplying comparables to a surveyor to support the price agreed on a property, or to enhance reports they are preparing for vendors or applicants.
Matt continues: “The new version we’re launching today incorporates tools that have been created to address ‘real world’ challenges faced by agents. The ability to instantly generate comparables based on £sqft will be particularly relevant to agents working in the prime central London and country house markets, while the comments feature will be helpful for agents to better communicate their local expertise on market appraisals.
“By providing the functionality for users to customise their reports and manually upload details of properties they have sold themselves which haven’t yet been added to the HM Land Registry records, for example, agents can generate the most up-to-date set of comparables possible, which is particularly helpful to support valuations for mortgage purposes where other recently completed sales aren’t yet showing on official records.”
Matt concludes: “Sprift continues to innovate, based on the invaluable feedback from all our users, our new powerful comparables tool continues the evolution of our platform, with yet more to come as we continue to deliver on our ambitious roadmap in the coming months.”
Established in 2016, Sprift offers the most comprehensive source of data on UK properties. The Sprift platform stores up to 250 data points per property from official and trusted resources, including Ordnance Survey, Environment Agency, Google Maps, Historic England, Ofsted, Valuation Office Agency, HM Land Registry, Ofcom, Office for National Statistics and Royal Mail.
The Sprift dashboard contains instant, comprehensive data on any UK residential property. The data is made available to any property professional to share with their clients, either through an online dashboard or fully white-labelled vendor and buyer reports.
All 29.59 million UK residential properties are stored on the Sprift platform. The company has helped its clients understand more than 1.8 million properties, whilst driving a 25% average increase in business won, and it has saved clients over £90m in time spent on research.
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