When we set about launching The Depositary I wanted to make sure that we delivered a product with a clear and transparent pricing structure where my fellow agents could easily understand the associated costs. For that reason, we decided not to charge clients any 'set-up' or initial 'training' fees at the start of a contract with us and, instead, to cover this within our 12-month contracted terms. I also wanted agents to easily be able to establish a cost before contacting us- and so we offered fixed price licenses applicable 'per 300 managed tenancies'. We are not the first to do this, and others have followed suit since, but as an agent myself I feel this is a totally transparent process.
What was unique was that, at launch, we set out the price of those licenses going forwards on the 'pricing' page of our website with a 'pioneer' monthly price of just £50 per license, the 'early adopter' at £75 and finally our 'advocate' priced at £100 (all are subject to VAT at the applicable rate). Our intention was to migrate through these packages annually- however, I am very proud of the fact that we have retained our 'pioneer' price for over 2 years delivering our clients to date with an incredible product at a bargain price.
In the last 2 years, since we launched, we have rolled out over 200 additional features and settings including 6 partner integrations. We aren't stopping there either, we have an array of features and integrations in the pipeline to come delivering our agents an ever seamless and ever efficient and effective product. The reality of this constant reinvestment into delivering the best product we possibly can, along with the ever-increasing development and maintenance of partner integrations, means that we must now increase our rates.
Therefore, the 'early adopter' monthly license rate of £75 (+ VAT) will take effect as of 1st January 2022. Agents can still secure the 'pioneer' rate by signing up with us before year-end. Those who enquiry via Kerfuffle are eligible for locking in their subscription at our 'pioneer' rate for 24 months.
So, if you are interested in The Depositary and want to secure the 'pioneer' rate- don't delay request your demo today. Head over to our landing page on Kerfuffle
Written by Kristjan Byfield, Co-Founder
