The company aims to simplify property transactions by digitising and automating many of the administrative elements involved, bringing the typical time to reach a tenancy agreement down from four hours to 15 minutes.
Since beta testing began in December, Goodlord's referencing tools have helped its agency clients successfully obtain nearly 3,000 tenant references. Agents can launch the process as soon as holding payments are made, and track it step-by-step using Goodlord's referencing dashboard.
The extended platform, including the referencing tools, will be optimised for use on both desktop and mobile devices, and will offer its referencing service at the cost of £8 per applicant.
Goodlord will also offer rent guarantee insurance starting at £59 for prospective tenants who pass the company's referencing checks.
Richard White, Goodlord's Chief Executive Officer, commented: "Our goal at Goodlord is simple: we want to help agents, landlords, and tenants reach great deals as efficiently and cheaply as possible. Referencing has always been an arduous and time-consuming part of that process, but it doesn't have to be. Our new software builds on Goodlord's existing infrastructure to provide an easy-to-use, automated service that takes all the admin out of referencing and lets agents get the job done quickly. We've already had tremendous success trialling this feature with our current clients, and are excited to make it formally available as part of the Goodlord platform."
Philip Mundy, Goodlord's Chief Product Officer, added: "Over the last year, we have grown from a young startup into a platform used by hundreds of agencies throughout the UK. Our tenant referencing software is the latest step in our efforts to break new ground in the national property market. In the coming months we expect to continue rolling out new innovations, starting with a transformational upgrade to our platform in September. There are great things in store for Goodlord -- we can't wait to share them with the world."
