PSG launches new powerful features

first_imgThe Property Software Group has launched innovative software features within MoveIT and My Property File.MoveIt and My Property File help agents to stand out with leading customer engagement tools, saving time and offering a clear point of difference.The homemover’s price comparison tool helps agents stay connected with every step of their sale, whilst homemovers save money and time by having access to homemove suppliers through their agent’s software. Through quick and easy referrals, agents can boost their bottom line profits directly through MoveIT, currently available through Jupix, VebraLive and EncoreLive, and soon be rolled out across the entire platform within The Property Software Group.Helping agents monetise their clients more effectively, with additional referral services such as conveyancing and financial services, together with utilities and removals coming soon, ZPG Property Services Managing Director, Mark Goddard said, “We have been delighted by the reception MoveIT has received from our Jupix, VebraLive and EncoreLive client base.“There is a real need for agents to find ways to improve profits to allow them to continue to invest in their business, as well as remain competitive on fees. We are turning the software relationship with our clients on its head, and if the BETA trials are anything to go by – we expect to be driving significant revenue improvements to all our clients using MoveIT in no time at all.”Agents using software built and developed by ZPG owned The Property Software Group have access to the most innovative tenant, landlord and vendor login system: My Property File, which allows letting agents to stay connected with clients with a seamless client engagement tool.Mark Goddard added, “With the shift in the UK towards renting, slick tools to aid complicated and labour intensive processes are vital for all of our clients.“This service will be fully online and integrated with the agent’s current software systems, meaning an instant real-time feed of essential data is shared between all parties. The service will also be mobile accessible, via a web portal and mobile app.”My Property File PGS MoveIT software The Property Software Group July 1, 2016The NegotiatorWhat’s your opinion? Cancel replyYou must be logged in to post a comment.Please note: This is a site for professional discussion. Comments will carry your full name and company.This site uses Akismet to reduce spam. Learn how your comment data is processed.Related articles Letting agent fined £11,500 over unlicenced rent-to-rent HMO3rd May 2021 BREAKING: Evictions paperwork must now include ‘breathing space’ scheme details30th April 2021 City dwellers most satisfied with where they live30th April 2021 Home » News » PSG launches new powerful features previous nextProducts & ServicesPSG launches new powerful featuresThe Negotiator1st July 20160570 Viewslast_img read more

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Supreme Court amends IOTA rule

first_imgSupreme Court amends IOTA rule Mark D. Killian Managing Editor The Florida Supreme Court has amended Bar rules to open the IOTA program to financial institutions other than banks and require those holding the trust accounts to pay interest rates or dividends commensurate with those offered to their non-IOTA depositors.“Not only does this amendment have the unanimous endorsement of the [Bar] Board of Governors, but nearly all of the comments received have been overwhelmingly in favor of the purpose behind the amendments,” the unanimous court said in its June 14 opinion amending Rules 5-1.1(e). Case no. SC01-851.The Florida Bar Foundation sought the amendment as a way to increase IOTA revenues by broadening the types of institutions that may participate in IOTA. Florida Bar Foundation President A. Hamilton Cooke said the new provision has the potential to double the money generated by the IOTA program and includes language that requires any institution that wants to handle IOTA accounts to offer the same market rate of interest or dividends on products available to non-IOTA depositors with comparable balances. “We are extremely pleased by the court’s action,” Cooke said. “Of course, the real beneficiaries are the individuals and families served by IOTA legal aid grantees. The Foundation will work directly with banks and savings and loan associations, which currently hold IOTA accounts, to implement the new rule. July 1, 2001 Managing Editor Regular News Supreme Court amends IOTA rulecenter_img “The Florida Banker’s Association was very helpful in this whole process, and we look forward to working cooperatively with our bank and savings and loan association partners, and to a smooth transition,” he added. “We also expect to meet very shortly with investment companies to familiarize them with the IOTA program and the fact that IOTA programs in several other large states have expressed interest in securing similar rule amendments.”Under the plan, the Foundation, not the lawyer, will be responsible for initiating steps to implement the new rule and for monitoring usage of banks’ and financial services companies’ existing products available to non-IOTA depositors, in order to determine compliance with the IOTA rule.In accordance with the Foundation’s request, the court made the amendment effective July 14.“However, those institutions currently holding IOTA accounts that elect to participate in IOTA under the new rule shall be provided six months to comply with the new eligibility requirements,” the court said. “The Foundation shall be charged with the responsibility of determining the initial and continuing eligibility of banks, savings and loan associations, and investment companies to hold IOTA accounts in accordance with the criteria set forth in the rule.”The old rule permitted only banks or authorized savings and loan associations to participate in IOTA. Under the new amendments, open-end investment companies will be allowed to qualify as eligible institutions in which IOTA accounts may be established. The amendment also allows the use of government money market funds for IOTA funds; however, only money market funds that are registered with the Securities and Exchange Commission, and are comprised solely of United States government securities, are permitted for use in the IOTA program. The court also said only those money market funds with a total asset value of at least $250 million would be eligible to participate.Foundation Executive Director Jane Curran said the rule change means financial services companies such as Morgan Stanley or Merrill Lynch will be able to hold IOTA accounts.Under the current program, Curran said, total IOTA revenue will amount to about $11 million this year, and has been steadily falling since the mid-1990s as interest rates have waned and bank service charges have risen. At its peak, IOTA was generating about $19 million a year for legal aid, administration of justice, and law student assistance programs. Due to the combination of low interest rates and high services changes, the Foundation has been forced to reduce grants by 15 percent over the past two years.The court also said in light of the concerns expressed in the comment of the Florida Bankers Association, the final rule was clarified to reflect the intent that there be interest parity between IOTA accounts and non-IOTA accounts held in the same financial institution.“The Foundation recognizes, however, that the interest rates offered are not based on account balance alone,” the court said.“We adopt the FBA’s suggested revisions to proposed subdivision (e)(5)(A) and add proposed subdivision (B) to the rule,” the court said. “The Foundation has indicated it has no objection to the FBA’s suggested revisions. We thank the FBA for its assistance, cooperation and constructive suggestions.”As part of the plan, the Foundation also said it will independently work with banks and financial services companies to develop appropriate products which are in compliance with the IOTA rule.That would include providing them computer and technical support needed to remit IOTA earnings to the Foundation and conduct the required reporting.More information about how the new IOTA rule will operate can be found on the Bar’s website at www.FLABAR.org. A. Hamilton Cooke last_img read more

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