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New platform launched to improve transparency for buyers and agents during property sales

New South Wales real estate agents and buyers are the first in the country to access a new digital platform that makes the process of purchasing property more transparent.

The new Securexchange dashboard, by InfoTrack, allows buyers to scan a QR code to review a property’s contract, share that with their legal representative and make an offer. All parties can view the contract, sign and exchange documents, and request funds in one secure environment.

It also allows real estate agents to review and proceed with offers on-the-go, via mobile through the new dashboard.

InfoTrack’s Head of Property Australia, Lee Bailie, said having one secure location to facilitate the entire buying process was the next step in e-conveyancing.

“We often hear that real estate agents, buyers, vendors, and conveyancers want more transparency throughout a property sale, and that’s what we’re focused on delivering with the new Securexchange dashboard,” Mr Bailie said.

“We know agents are busy people, and this dashboard allows them to review all offers in one place, at any time on their phone. The dashboard provides an overall picture of the offers being made and an indication of the most committed buyer.

“All parties will be notified throughout each step of the transaction, with offers confirmed digitally, and a copy of the completed contract automatically supplied.”

Real estate agents are welcoming the new technology which offers an easy way to see all offers, determine the most serious buyer, and facilitate a transaction, in one place.

Adrian Simpson, the Principal of Coastwide First National Real Estate, has been trialling the new Securexchange dashboard for six months and says it’s been greatly received by everyone in the selling and buying process.

“It has been designed specifically for the sales process and is the only system I have seen that offers a simple structure to walk the buyers through the whole transaction – from requesting a contract, to making an offer, and then signing the documents to complete the deal,” Mr Simpson said.

“The feedback I’ve received from clients is that it makes the process easy, and they can complete documents from anywhere at any time, offering greater flexibility and speed.

“I can easily see where all parties are up to at any time, and the ability to do it from anywhere at any time enables me as an agent to be in control, cutting out any delays in getting the deal done.”

The new Securexchange dashboard is now live in New South Wales. More information on how the new platform works can be found here.

If you’re interested to learn more about the new and improved Securexchange, you can access their complimentary on demand webinars. The individual webinars are for real estate agents, LEAP and Smokeball users, and all other lawyers and conveyancers in NSW, providing a clear demonstration of the important updates specific to you.

Access the webinars here