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.
Reapit and Goodlord Partner to Streamline Tenant Onboarding for Letting Agents
Reapit and Goodlord, two PropTech firms, have entered into a strategic partnership aimed at streamlining tenant onboarding and compliance processes for letting agents. The collaboration will combine Goodlord’s referencing, compliance, insurance, and tenancy progression services with Reapit’s property management platform.
Letting agents using the integrated platforms will be able to access tenancy data and reporting tools through a single system. The partnership is designed to help agents manage affordability checks, tenant referencing, compliance documentation, and tenancy progression within Reapit.
The companies stated that this partnership comes as letting agents face increased regulatory scrutiny following the introduction of the Renters’ Rights Act and enhanced enforcement powers for local authorities. The integration aims to reduce manual administration, improve oversight of tenancy processes, and help agents maintain compliance throughout the tenant onboarding journey.
The next phase of the integration, expected in the coming months, will bring additional Goodlord services directly into the Reapit platform. This builds on an existing integration between the two businesses, which already allows data sharing between their systems.
In addition, Goodlord has become what it believes to be the platform to integrate all three UK deposit schemes: The DPS, Tenancy Deposit Scheme, and mydeposits. The API integration with The DPS allows letting agents to choose their preferred scheme while managing deposit registration and tenancy progression within a single workflow. This functionality is available to customers using Goodlord’s Complete Tenancy Management product.
The partnership and new integrations are intended to provide letting agents, landlords, and tenants with a more streamlined and connected experience for tenancy progression and deposit protection.
Source: Property Industry Eye