The property landscape is continually evolving, and it is evident that sales are starting to peak at different times of the year to what we are normally used to. These busy periods in the housing market can significantly impact a professionals workload, particularly lawyers and conveyancers, especially when so many stakeholders are involved in a property transaction process. To support legal professionals during demanding periods, we explore how digital technology can assist in completing transactions more efficiently.
Selling a house can be a bittersweet and overwhelming experience for property owners and naturally, people want to maximise the potential of a sale. Spring is one of the busiest seasons for property sales but it’s also the most competitive time of year in the market. It’s recommended that vendors consider selling when there is more demand than supply and Autumn is the ideal time of year for this, with March a particularly popular month. Lawyers and conveyancers may notice an influx of property transactions during these months compared to other times of the year.
To assist legal professionals throughout this seasonal uplift, turn to innovative technology to support more efficient property transactions. Securexchange is a property exchange platform that is dedicated to simplifying and streamlining the process of a sale. The digital platform has optimised the way professionals in the industry operate and connects lawyers and conveyancers with real estate agents, buyers, and vendors in one workspace.
For legal representatives, Securexchange provides:
In Autumn 2023, over 26,000 property transactions were completed in Securexchange, a 53% increase compared to the same period a year prior.
Lovy Goundan, National Sales Manager for Securexchange said, “this data shows that there has been a substantial rise in property transactions between March to May, however September to November has also been a busy period for 2023. Whilst demand in the property market has been a factor, we’ve also seen an increase in legal professionals using the platform as a more efficient and safer way to complete transactions.”