Categories for E Settlement

Paper has been superseded with higher security for ELN(e-Settlement)

8/6/2018
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Imagine you are in the biggest city you know, on the busiest street, outside the biggest bank which you notice is surrounded with cameras and not just armed, but heavily armed security guards and some restrained but excited & vicious looking dogs.The Bank doors open, a few moments later, from the secure confines of the building, out walks a petite and cheerful person pushing in front of them a wheelbarrow full of money, out on to the street. You immediately...

Sympli-New e-Settlement Platform on the horizon

31/5/2018
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Sympli – New e-Settlement Platform on the horizonInfoTrack and the ASX Limited have announced the establishment of Sympli, an alternative electronic settlement platform. The new platform is expected to roll out later this year once it has received regulatory approval.For further information see:Today’s press releaseSympli website

Millennials are the NOW wave

1/5/2018
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Changing the business mindset from Boomer property consumer to Millennial property consumer, is here, Don’t lose sleep,  this article might be of assistance. By: BekHayes Conveyancers – are you meeting the needs of your Millennial clients? By Bek Hayes, CEO AICSAOne of the largest generations in history is about to move into its prime spending years. Millennials are poised to reshape the economy; their unique experiences will change the way we buy and sell, forcing companies to examine how they do...

Changes to REIWA General Conditions in 2018

21/2/2018
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Some highlighted changes to the 2018 version of Joint Form of General Conditions (JFGC), might mean that you could see some differences to the 2011 JFGC. Please note, we are not lawyers and are merely relaying some discussions as generically covered in an industry forum. The biggest concern was the ‘Lawyers picnic’ referenced as clause 9.3, where opposing lawyers could argue just about any outcome they desired, for a breach of warranty. Service by email still needed to be ‘signed’...

Industry Report – Impacts of e-Conveyancing on the conveyancing industry

6/1/2018
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Deloitte Access Economics have delivered a paper on the “Impacts of e-Conveyancing on the conveyancing industry”. Current net benefit in WA is indicated as being in the negative, but future expectations for 2020-21, where usage increases to 100%, predicts a turnaround 400 times greater than the current benefit experienced by the industry.The cost to practitioners of having to abandon an electronic workspace is also estimated at $69, however, it was estimated that a practitioner could benefit from time saving of...

A1 Conveyancing takes out the top PEXA community contributor for 2017

18/12/2017
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Very proud to announce that Our Licensee Damien McDonnell (AKA DMc) is the winner Australia & State wide Top PEXA Community Super User Contributor for 2017. Our licensee Damien (DMc) Took out the Top Contributor Badge for 2017, as an avid community Super User (helper) he earned the below PEXA Community badges as well… Source: https://community.pexa.com.au/t5/PEXA-Community-Blog/On-the-Fifth-day-of-Community-Celebrating-2017-Community-Stars/ba-p/6752