Editor's note: This brief was summarised by The Property AI Newsroom from a report by Property Industry Eye. Read the original article for full details.

PropertyStream and Offr Launch TRANSACT Platform for Agents

Property technology companies PropertyStream and Offr have launched a new transaction management platform called TRANSACT. The platform is designed to help estate agents manage the homebuying process from initial enquiry through to completion.

TRANSACT is a white-labelled solution that combines estate agency websites with transaction management tools. It allows agents to capture leads, qualify buyers, manage offers, automate communications, and provide buyers, sellers, landlords, and tenants with secure online dashboards throughout each stage of the transaction.

The launch of TRANSACT comes as the UK Government pursues reforms to digitise the homebuying process, including earlier access to property information and wider use of digital identity verification. According to PropertyStream and Offr, the platform enables agents and solicitors to compile a complete digital sale pack containing information required under these reforms and publish it within a secure data room. This gives buyers full visibility on a property before making an offer.

The companies state that TRANSACT also supports lettings, auctions, and new homes. Customers remain on estate agents’ own branded websites rather than being redirected to third-party platforms.

TRANSACT is positioned as a tool for agents to manage the complete customer journey in one place, supporting compliance with upcoming digital reforms and enhancing transparency for all parties involved in property transactions.