teclet joins Coadjute’s blockchain network for the real estate market – Today’s Conveyancer

Coadjute announces that leading CRM platform teclet, a wholly owned subsidiary of OnTheMarket plc, will join the blockchain network as the rollout progresses.

Coadjute, the blockchain network for the UK property market that aims to transform the ease and speed of buying a home, has announced that teclet will also join the network.

teclet is a market-leading modular suite of innovative consumer-facing portals and platforms spanning CRM, Sales, Rentals, Property Management and Accounts Receivable.

Coadjute is a blockchain network that enables existing software used by real estate agents, real estate agents, mortgage brokers and lenders to become interoperable, allowing parties involved in a real estate transaction to synchronize and share updates to the progress, ownership information, digital identities, and even payments.

The network aims to create a seamless journey with improved security for all parties, transforming the experience for buyers and sellers, reducing administrative costs and reducing the time it takes to move.

The news follows Coadjute’s recent announcement of a £6 million investment funding round led by Manchester-based Praetura Ventures.

Steve Dawkins, Relationship Manager at Coadjute, noted:

By connecting the teclet suite of platforms to other parts of the real estate market, Coadjute will offer real estate agents an accelerated process with significantly less administration.

Our encrypted network will allow them to easily share information securely and offer even more transparency and efficiency to their customers. We are extremely proud to welcome teclet to the growing Coadjute community..”

Alan Blockley, CEO of teclet commented :

“Coadjute will provide an invaluable service to busy realtors by helping to automate the transactional journey.

Working with top vendor partners is a key part of our strategy as we seek to help more sales, enabling agents and property managers to increase revenue, save time, improve service and stay compliant.

By joining the Coadjute network, teclet will be able to further innovate and improve the services it offers.