Innovation in property transfer. Not something we associate with property, compared to other assets classes such as shares.
Though its emerging quickly, with electronic settlements.
This allows quicker access to your property, or if you are a seller, receive cleared funds from the sale sooner rather than later. There has been a few hurdles and false starts that have caused settlement delays in some cases, but innovation is improving.
For those in property, have a look at www.pexa.com.au. With nearly $100 Billion of settlements done so far it is an example of where our industry is evolving.
