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Sponsors:
Breakout session 3
The Agency Business 2018
Cracking the code – technology to help you
Neil Cobbold, PayProp
Tim Hill, Keyzapp
Neil
Cobbold
Why
PropTech?
Revenue & risk
What are
the
objectives?
01
N E W R E V E N U E S T R E A M S
A N D G R O W T H
02
E X I S T I N G R E V E N U E
& K N O W N R I S K S
03
U N E N C O U N T E R E D R I S K S
& G R O W T H R I S K S
Perfect
balance
Current
process
Evaluating revenue over risk
RISKEXPOSURE
REVENUE GROWTH
HIGH
HIGH
LOW
LOW
Business benefit low
Risk exposure low
Phase 3 targets
Business benefit high
Risk exposure low
Phase 1 targets
Business benefit high
Risk exposure high
Phase 2 targets
Business benefit low
Risk exposure high
Non implementation
Strategi
c
Easy
Wins
Easy
Wins
No Go
?
*Using August 2017 property and rent statistics from HomeLet and ARLA reports
** PayProp customer statistics where growth costs remain static.
WHAT DO WE KNOW ABOUT
INCOME?
WHAT DO WE KNOW ABOUT EXPENSES?
*Using August 2017 property and rent statistics from HomeLet and ARLA reports
** PayProp customer statistics where growth costs remain static.
So if we can identify revenue?
Can we identify risk?
What is risk?
(The probability of something happening ) X ( the extent of the damage )
Subject to an individuals point of reference
SO?
And the problem with that is?
Who is afraid of sharks?
5 5 0 P E O P L E
2 , 9 0 0 P E O P L E
6 , 0 0 0 P E O P L E
7 0 C H I L D R E N 1 3 0 P E O P L E
3 4 0 P E O P L E
1 0 0 P E O P L E
5 P E O P L E
Human beings are naturally bad
at estimating and managing risk
8 things you thought were true
N A P O L E O N W A S S H O RT B U L L S H AT E R E D
G R E AT W A L L O F C H I N A
V I K I N G S ’ H O R N E D H E L M E T S E I N S T E I N FA I L E D M AT H S
B L A C K B E LT S A R E M A S T E R S
G O L D F I S H 3 - S E C M E M O RY W E H AV E 5 S E N S E S
That’s all theoretical,
I know my business...
THINGS I AM CERTAIN OF IN MY BUSINESS…
*Using August 2017 property and rent statistics from HomeLet and ARLA reports
** PayProp customer statistics where growth costs remain static.
What does this mean for
your business?
WHEN YOU DON’T PAY ATTENTION TO THE
RISKS…..
What can I do about
it?
Everyone has 10 minutes
somewhere in the day
NO REALLY, JUST 10 MINUTES A MONTH
Thank you!
ww w. p a y p r o p . c o . u k
n e i l . c o b b o l d @ p a y p r o p . c o . u k
0 2 0 3 7 4 0 7 6 1 4
Sponsors:
Breakout session 3
The Agency Business 2018
Cracking the code – technology to help you
Neil Cobbold, PayProp
Tim Hill, Keyzapp
Technology to help
Tim Hill
If you hold keys to the properties you let, you must
ensure they are kept secure
and maintain detailed records of their use
by staff and authorised third parties –
for instance, by keeping keys separate from property
information
and holding a record of the date the keys were used,
who they were issued to
and when they were returned.
Article 80 (52 is similar)
Security
Physical
Information
Record
keeping
Everyone
Staff
Contractors
Precision
Who
Why
When
Getting to compliance
Getting to compliance
Getting to compliance
Getting to compliance
Drive:The surprising truth about what
motivates us – Daniel H. Pink
Motivators for compliance?
Extrinsic Intrinsic
Carrots
Sticks
Autonomy
Mastery
Purpose
Motivators for compliance?
Extrinsic Intrinsic
Carrots
Sticks
Autonomy
Mastery
Purpose
“You can’t manage what you can’t measure”
- Peter Drucker
Measuring key management
• see what’s due back
now and soon;
• check performance by
office/ department;
• full audit history;
• see what’s late;
• export reports.
Getting to compliance
Getting to compliance
Getting to compliance
Manage keys where it makes
sense
Desk Phone Kiosk
Make it easy
Contactless technology Information at
your fingertips
Timely reminders
Getting to compliance
Getting to compliance
Technology success cycle
• Evangelise
• Plan
• Execute
• Own
• Review
• Engage
• Purpose
• Fit
• Ethos
• Explain
• Plan
• Migrate
Retire Select
ImplementRun
Technology success cycle
• Evangelise
• Plan
• Execute
• Own
• Review
• Engage
• Purpose
• Fit
• Ethos
• Explain
• Plan
• Migrate
Retire
Select
ImplementRun
Your
CRM
here
The future is
modular
The future is
modular
Website
Telephony
Maintenance
Inventories
Keys
Property
Referencing
Payments
Accounting
Contacts
Marketing
Portals
Mailing List
Technology success cycle
• Evangelise
• Plan
• Execute
• Own
• Review
• Engage
• Purpose
• Fit
• Ethos
• Explain
• Plan
• Migrate
Retire
Select
ImplementRun
Your processes make you unique
“Tain’t what you do
(It’s the way that you do it)”
-Melvin “Sy” Oliver & James “Trummy” Young
Technology success cycle
• Evangelise
• Plan
• Execute
• Own
• Review
• Engage
• Purpose
• Fit
• Ethos
• Explain
• Plan
• Migrate
Retire
Select
ImplementRun
Everything should be
made
as simple as possible
but not simpler
-Albert Einstein
@Keyzapp | facebook.com/keyzappuk/
tim.hill@keyzapp.com | 03300 88 55 00
In Summary
• compliance is all about people;
• motivate and make it easy;
• technology helps with both;
• choose the right tool for the job;
• fit the tech to the process!
Sponsors:
Breakout session 3
The Agency Business 2018
Cracking the code – technology to help you
Neil Cobbold, Payprop
Tim Hill, Keyzapp

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