Editor's note: This brief was summarised by The Property AI Team from a report by Letting Agent Today. Read the original article for full details.
Alto reports surge in agency switching
Letting agents increasingly want more flexible systems that are easier to set up and operate themselves, according to new figures from proptech firm Alto. The company says the shift is away from legacy and custom-built systems that require developers to implement changes.
Alto reports that the number of agencies switching to its platform from major rival systems more than doubled, up 130%. Its Q3 2026 results also show average deal value rose 83% year-on-year.
The figures suggest flexibility and self-service setup are becoming priorities for agencies evaluating their software options. According to Alto, this marks a move away from systems that depend on developer involvement for changes.
For letting agents and inventory clerks, the reported trend points to growing appetite for platforms that can be configured and operated without heavy technical support. Alto's figures cover Q3 2026 and relate specifically to agencies moving from major rival systems to its own platform.
The company has not published a full breakdown of the data behind the 130% switching increase or the 83% rise in average deal value. The brief above reflects only what Alto has stated in its Q3 2026 results as reported by Letting Agent Today.
Source: Letting Agent Today