PlanetRent to offer virtual tours via partnership
13/10/2020
Author : Mary-Anne Bowring/Property Wire
PlanetRent Partners with 360View for Virtual Tours
PlanetRent, a leading lettings platform, has teamed up with virtual reality technology company 360View to revolutionize the way rental properties are viewed. This exciting partnership allows landlords and agents to enhance their property listings by attaching virtual tours, which will be accessible to prospective renters. These immersive tours will help renters experience the property remotely, gaining an in-depth view without needing to visit in person. With this collaboration, PlanetRent offers a new level of convenience and engagement for both landlords and tenants.
The Role of Virtual Tours in the Renting Process
Virtual property tours have seen a significant rise in popularity, especially since the COVID-19 lockdowns, when many began to seek more remote ways of viewing properties. With the new partnership, landlords and agents on PlanetRent can now offer professional, four-minute video tours of rental properties, allowing potential tenants to assess key features like layout, location, and size before deciding to schedule an in-person visit. This adds an extra layer of convenience, especially for renters with limited time or those located far away from the property.
Simplifying the Process for Landlords and Agents
The partnership with 360View enables landlords and agents to easily create and manage virtual tours. By simply instructing the platform's partner, 360View, to carry out a professional video tour of their listed property, all other aspects of the process are taken care of. This saves landlords and agents considerable time, while providing a high-quality service for potential tenants. The integration of virtual tours into the PlanetRent platform streamlines the renting process and ensures that listings are presented in the best possible light.
The Benefits of Virtual Tours for Renters
For renters, the new virtual tours offer a valuable tool to narrow down their property choices. Instead of spending time traveling between multiple properties, they can explore a range of listings from the comfort of their homes. The virtual tours are designed to provide a realistic and detailed view of the property, allowing prospective tenants to understand the space better. Furthermore, each tour includes essential information such as rental price, size, and location, helping renters make more informed decisions without having to leave their couch.
A Comprehensive Solution for Landlords
PlanetRent doesn’t just provide virtual tours; it also ensures that landlords are fully supported throughout the rental process. The platform offers landlords all the legally required documentation and even features a deposit-free option for renters. Additionally, PlanetRent’s standardized pet-friendly clause allows landlords to easily insert terms that accommodate tenants with pets into their tenancy agreements. These added features make managing rental properties simpler and more efficient for landlords, while offering tenants more flexible and accommodating options.
A Look Ahead: The Future of Virtual Tours in Real Estate
As technology continues to shape the real estate industry, virtual tours are becoming an essential tool for both landlords and tenants. With the growing demand for more flexible and convenient rental processes, the PlanetRent and 360View partnership is poised to play a pivotal role in the future of property renting. As Mary-Anne Bowring, the founder of PlanetRent, puts it, “We’re delighted to announce our partnership with 360View to offer virtual tours of our listed properties.” This is just the beginning of a shift towards a more digital-first approach in the property market.
Under Offer: This term applies to a property where the landlord is considering an offer but remains on the market. It implies that further offers may still be considered until the landlord formally accepts or declines the current offer.
Let Agreed: This term indicates that a landlord has provisionally agreed to enter into a rental agreement with a prospective tenant, pending additional checks and referencing. It doesn't require the prospective tenant to have paid a holding deposit.
Let: This term signifies an established binding rental agreement between the landlord and tenant.
For both lettings and sales, the guidance addresses additional terms:
New On The Market: This term is used for a property not advertised since its last sale or rental. It should only be used for a brief period.
New Instruction: It applies to a property assigned to an agent for marketing recently, even if it was previously listed with another agent without being sold or rented.
New and Exclusive: This term refers to a property that is either new on the market or a new instruction, exclusively available through a specific agent or portal.
New Method of Sale/Let: This term is used when a property is being marketed for sale or rent using an alternative approach to the original advertisement, such as transitioning to an auction or sealed bid.
Reduced: This term indicates that a property's price has recently been reduced. The reduction should be genuine and comply with the Chartered Trading Standards Institute's guidelines on pricing practices.