PropTech product aims to help agents get ahead of buying reforms
Summary
The article reports that the government has issued a roadmap for changes to the home buying and selling process, and that a PropTech product is being positioned to help estate agents prepare for those reforms. The extract does not provide further detail on the specific measures or the product itself.
Why it matters
Changes to the buying process can affect transaction workflows, information requirements and the timing of survey and valuation instructions. Surveyors should monitor developments because reforms may alter how property information is gathered and shared during sales.
Key points
- Government has issued a roadmap for buying and selling reforms
- A PropTech product is being marketed as a way for agents to get ahead of the changes
- The extract gives no detail on the substance or timetable of the reforms
- Potential implications for transaction processes and property information flow
Organisations:
government, Estate Agent Today
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