Hi Community,
Just days after winning the award for Best New Product or Service of the Year in the 2017 International Business Awards, PEXA Projects was introduced to property professionals at the UDIA Annual Development Summit “Unlocking Growth” on 11 August 2017.
PEXA Projects is new functionality providing an unprecedented level of efficiency for the settlement of large scale, off-the-plan development projects. Entire development projects can now be settled on the same day, and even at the same time.
Property developers and their conveyancing representatives alike are already enjoying the many benefits of online settlement with PEXA Projects:
“PEXA offers a compelling business case by giving us access to cleared funds three days earlier* and reducing the volume and impact of settlement delays. It’s a more sustainable way of working, saving paper and travel costs for everyone involved.” Jade Campbell, Conveyancing Transformation Manager, Stockland.
At the Summit, Danni Addison, CEO of UDIA Victoria introduced PEXA, advising delegates, “PEXA is a name you will need to know about. They are here to stay.”
Danni was later joined by The Hon. Matthew Guy MP, Leader of the Opposition, who spoke about the vision for Victoria and how urban development projects will help shape the future of the state.
PEXA is excited about this new solution and the role it plays in helping shape the future of Victoria and the Australian property industry as a whole, whilst improving the settlement process for all participants involved.
“PEXA provides the Developer with greater certainty of a successful Development handover on settlement day and this is paramount to the overall streamlining of the Apartment settlement process for both the Developer and Client/Purchaser.”, Roslynne Brodie, In-house Conveyancer, Pace Development Group.
Buyers are also set to benefit from the many advantages of online settlement: “e-Conveyancing is about improving our customer’s experience - making it easier to settle so our customers can focus on their new home.” Jade Campbell, Conveyancing Transformation Manager, Stockland.
If you work for a property developer or act as a lawyer or conveyancer on behalf of a developer, learn more about PEXA Projects and how it could revolutionize your conveyancing processes by clicking on the attachments to the right (desktop) or bottom (mobile) of this post.
For all enquiries, please contact Josh Radford, Executive Manager, Developer Projects by emailing josh.radford@pexa.com.au
To see PEXA Projects in action, see the demo below.
“Land Registries are phasing out paper settlements so make sure you’re ready for the digital transformation.” Chris McRae, Registrar of Titles, Land Use Victoria
*Timing of access to cleared funds will depend on the vendor’s financial institution.
It was a terrific event hosted by the UDIA with many fantastic presentations by Industry experts who were all focussed on "unlocking growth" in the Urban Development sector.
Innovation and better use of technology were constant themes throughout presentations.
A memorable quote by an attendee "we are utilising 19th century processes in the 21st century."
PEXA appreciated the opportunity of being a Summit Sponsor at an event which was truly focussed on "unlocking growth" in such a key segment of the Australian Property Industry.
