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Founder Story of the Week: Can AI Make Agents Obsolete?

Meet Mal McCallion, a UK proptech veteran on a mission to outsmart the market’s biggest portals with AI.

He’s the founder of ModelProp, an AI-powered property search engine giving agents and homebuyers something smarter than endless scrolling and overpriced listings.

Mal’s been here before — literally.

He helped launch Primelocation and Zoopla, two platforms later sold for over £2 billion. After 25 years in estate agency and advising founders, he’s back with a new question: what if search actually understood people?

That’s what ModelProp does.

Instead of relying on static filters, it uses agentic AI to ask follow-up questions like:

It then delivers the perfect shortlist instantly.

No more irrelevant listings. No more portals charging agents thousands just to compete.

The Results

• Agents regain control of their leads and local markets.

• Buyers get matched to real preferences, not postcode guesses.

• Small agencies save thousands each year in portal fees.

• AI handles filtering and first-contact messages, cutting manual work dramatically.

The Human Impact

• Agents report 2× more direct inquiries versus portal leads.

• Buyers spend 65 % less time searching.

• Smaller businesses now outperform large brands through AI efficiency.

• And “listing fatigue”? Gone — people actually enjoy house hunting again.

Why It’s Great for Property Managers

If you manage rentals,ModelProp isn’t just for agents; it helps you too.

• Better Leads: The AI filters out bad matches, so you only talk to people who can actually rent your units.

• Faster Turnover: It learns what kind of listings get the most interest, helping you fill empty properties quicker.

• Less Portal Dependence: You don’t have to rely on expensive listing sites. ModelProp brings good tenants straight to you.

• Easy Updates: The system connects to your tools and keeps rent, availability, and messages up to date automatically.

Bottom line — it saves time, fills units faster, and keeps you in control instead of waiting on portal leads.

Tool of the Week: LendlordAI – The Smart Suite for Landlords

If you still rely on spreadsheets, inboxes, and guesswork to manage your property investments, you’re playing catch-up and leaking profit.

LendlordAI fixes that.

It’s a fully integrated property intelligence and operations platform that leverages generative AI to turn average landlords into property portfolio pros. LendlordAI isn’t just a CRM: it automates deal analysis, tracks property performance, predicts market trends, and even coaches landlords on optimal strategies, all with minimal manual work.​

Founded in 2019 and headquartered in London, Lendlord raised fresh capital in 2025 to accelerate deployment of its AI modules across the UK rental market. Landlords using LendlordAI report faster deal reviews, fewer costly mistakes, and double-digit improvements in portfolio ROI.​

5-Minute Implementation Guide:

1. Plug in Your Portfolio
   Easily import properties and mortgage details with one click. LendlordAI syncs directly from your current systems or lets you upload from Excel, Zoho, or Google Sheets.

2. Use the AI Deal Analyzer
   Let LendlordAI compare opportunities and flag hidden risks. The engine benchmarks market rent, predicts capital growth, and highlights outliers instantly.

3. Automate Your Alerts
   Set rules like “yield under 5%,” “interest rate change,” or “refurbishment overdue.” The AI triggers instant notifications and actionable insights, reducing missed deadlines and poor decisions.

4. Track Performance Live
   Get a real-time dashboard for net cash flow, occupancy, debt, and future projections. LendlordAI has automated reports ready for accountants, banks, or investors—no more number crunching.

5. Get AI-Powered Coaching
   Receive tailored recommendations based on your habits and market trends. LendlordAI even suggests refinancing or sourcing strategies before your competition does.
   

Case Study: The 28% ROI Jump

A portfolio landlord in Manchester plugged 16 properties into LendlordAI. Within three quarters:

• Gross ROI improved by 28% with optimized rent and financing decisions.

• Refurb assessments were completed 41% faster, and costly errors shrank by 33%.

• Net operating margins rose by £18,500 annually.

• LendlordAI flagged one property for sale netting an extra £11,000 profit.

_{(Source: LendlordAI Case Study, 2025)}

The Takeaway

If your portfolio still relies on manual reviews and gut-checks, you’re losing ground to landlords who let AI drive decisions.

LendlordAI automates analysis, optimizes every asset, and turns insights into competitive advantage.

Smart landlords don’t just work faster - they invest better, every time.

Latest AI Developments in Property Management

The Technology Is Moving Fast. Are You?

While you were clearing your inbox, the biggest names in real estate were pouring millions into AI to make human admin obsolete.

Here’s the global digest of what broke this week (October 24 – October 31, 2025).

🇺🇸 Americas

CRE Firms Double Down on AI Pilots Despite Low Full Adoption

• Ninety percent of commercial real estate (CRE) companies in the Americas are piloting AI solutions, but only 5% have fully achieved their AI goals, according to JLL’s 2025 survey.

• Implication: Most firms are experimenting with AI in operations and investment, signaling rapid innovation but slower maturity. Expect continued investment and competitive pressure to scale successful pilots.

Generative AI Market Surges for Real Estate

• North America’s generative AI market in real estate reached $179.44 million and is projected to grow rapidly, with agents increasingly relying on AI for lead management and portfolio optimization

• Implication: As AI adoption grows, conventional agent tasks and property asset management will be transformed, driving new expectations for automation and data-driven insights.

NetVendor Secures Growth-Focused Funding

• Five Arrows invests in NetVendor to accelerate AI-driven product innovation and expansion into new markets.​

• Implication: Property managers in the US can expect more powerful automation tools and expanded access to advanced vendor management platforms.

🇪🇺 Europe

EU Launches €1 Billion "Apply AI" Strategy for Real Estate & Industry

• The European Commission announced a €1 billion initiative to accelerate AI in key sectors, including property, aiming to reduce reliance on US and Chinese tech and spur local innovation

• Implication: Major funding and regulatory encouragement will increase AI adoption, especially in property operations, construction, and asset management.

European AI Act Sets New Regulations

• The European Union launched new AI legislation ("AI Act") to regulate AI usage, including marking and labelling of AI-generated property data, and kicked off a pilot RAISE resource for AI science

• Implication: Stricter compliance requirements will reshape how property AI platforms operate, driving higher transparency and accountability.

Homemove Merges with Home.co.uk

• Homemove acquires Home to merge AI-powered moving tools with established market data offerings.​

• Implication: The combination of predictive tools with trusted property data will streamline moving experiences and drive innovation in property search.

🌏 Africa

Proptech Investment Surges 3,650% in 2025

• African proptech investments soared to $75 million in the first half of 2025 as digital and fintech solutions unlocked new real estate opportunities.​

• Implication: Startups providing tailored, tech-enabled property solutions are creating new pathways for housing access and management efficiency.

🌏 APAC & Oceania

APAC Accelerates AI Adoption, Regional Strategies Diverge

• Asia-Pacific firms invest more aggressively in generative AI than any other region, with rising numbers of property companies deploying over 100 use cases by year-end, according to Forrester’s 2025 survey.

• Implication: APAC leads global adoption, but local customization remains critical. Leaders deploying targeted, high-impact AI (e.g., tenant engagement, predictive maintenance) gain market advantage.

PropertyScout Expands End-to-End Rental Platform

• Asia’s PropertyScout deepens market reach, leveraging a database of over 200,000 properties and automating 90% of the rental process.​

• Implication: Automated, AI-powered rental management is being rapidly adopted by agents and tenants improving efficiency and scale.

Top PropTech Funding Rounds (This Week)

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