Is your client looking for a sea or tree change? Support their move with smart technology

Harcourts CEO Victoria and Tasmania Tony Morrison shared that most of the Harcourts agencies based in Tasmania and Victoria, have been reporting growth in fraud attempts from 18 months ago.

“We have really noticed how much more it is happening, and unfortunately, some of the attempts have been successful and we have had several agencies that have found themselves seriously out of pocket.

There can be big sums involved in transactions, and criminals are aware of that, so that is why we, as an industry, are being targeted. Coupled with this, when it comes to an exchange, there are lots of different parties involved, so the chances of something going wrong increases.”

However, there are ways to protect your clients from scammers. Securexchange aims to cyber-proof the property process through the use of a collaborative and secure workspace that all parties involved in the deal can communicate and share documents. Rather than sending account details or contracts out via email, where they could be intercepted by hackers – all parties are invited into the workspace to complete tasks associated with a property exchange.

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