26-11-2020 03:48 PM
As borrowed from https://community.pexa.com.au/t5/South-Australia/Enhanced-Settlement-Summary-in-SA-one-month-in/gpm-... to share and allow WA comments...
5 hours ago - last edited 4 hours ago
Enhanced Settlement Summary
South Australians have been settling the bulk of their files using the new Enhanced Settlement Summary for over a month now.
I wanted to call out a few things to make sure that we are all getting the most out of the changes and are all comfortable with what to do.
What are the transfer indicators and why are they important?
The transfer indicators are at the top of the ESS:-
They give everyone certainty about who needs to do what, when. Also, the Vendor side can now also can choose who is looking after the Vendor Surplus.
Clicking the Ready for Shortfall Button when you act for Purchaser and IM is providing Full Proceeds
Enhanced Settlement Summary FAQs
Important updates coming as a result of pilot feedback
Overwhelmingly, the feedback on the new summary has been very positive. We have plenty of enhancements coming to further refine the process and make your lives easier.
Please reach out to the SA Team if you want to discuss.