A prominent PropTech supplier wants agents to hand over much more information to conveyancers to allow them to make faster progress on transactions, especially in time-critical periods.
Matt Gilpin, founder and chief executive of Sprift - a property data resource aimed primarily at agents but also working with conveyancers - says the current stamp duty deadline of March 31 and the Coronavirus crisis mean there is no room for historic rivalries within the transactions chain.
Conversations with conveyancers have convinced Gilpin that agents - busy as they are - could save themselves time and hassle by passing on more information at an earlier stage.
For example, he says that as conveyancers rarely see at first hand a property involved in a transaction, an agent passing over a memorandum of sale is not as good as handing over a brochure, an exact Streetview image relating to the property, or detailed floorplans and photographs.
“Send all the photos, not just the ones of the details. [Conveyancers] tell me they often get quizzed by the buyer about certain things, so all photos and floorplans can help on that” insists Gilpin.
His comments on this subject and on the wider industry debate about speed of transactions, come in a video interview for Estate Agent Today with Chris Buckler, a Keller Williams agent in London.
It’s a short five minute interview and you can see it below.