At a conference held by The Guild of Property Professionals, estate agent James Du Pavey drew attention to the lengthy process of property transactions in the UK. He emphasized the importance of collaborating with a suitable conveyancing firm to expedite an agent’s pipeline.
Selecting the right conveyancer is crucial for managing the timeframe of transaction processes.
“A quick property transaction starts with choosing an appropriate conveyancing partner and smoothing out any ‘pinch points’ in the process,” Du Pavey explains.
He offered several tips for estate agents.
Embracing New Technology
Du Pavey notes the onboarding process can be tougher for conveyancers than agents. Using state-of-the-art technology can significantly cut down transaction initiation times. Some platforms, such as Perfect Portal and Infotrack, revolutionize the process, allowing clients to swiftly complete ID checks, upload financial proof, and fill out forms via an app, potentially shaving weeks off the transaction.
Quick Search Orders
A hands-on conveyancing partner will order property searches right away, speeding up purchasing. The best firms are able to send out contracts the same day they complete onboarding.
Direct Communication
Direct contact with the person in charge of a case is preferred, according to Du Pavey, who advises against systems with heavy admin loads or call centers.
Centralized Update Systems
Du Pavey prefers law firms that send automatic email updates at crucial stages, keeping the agent well-informed, sometimes even ahead of their clients.
Handle Caseloads Wisely
It is important for a conveyancing firm to know its capacity. Du Pavey warns about using conveyancers who accept too many clients, as this can lead to significant delays. He recommends working with partners who can manage their caseload effectively.
Following Du Pavey’s advice can guide agents through the intricacies of conveyancing with greater efficiency, giving them an edge in the market and leading to more satisfied customers.
