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02-05-2017
03:56 PM
3 Likes
Leading Australian law firm MinterEllison has completed its first property transfer involving financial settlement using the PEXA platform. The transaction was the sale of a residential property in Perth for a registered Australian Charity, a long standing client of MinterEllison. The settlement occurred online, in little over 15 minutes, without any party having to leave their office. The funds were transferred to the client’s account immediately after completion. As the buyer was an investor who financed the purchase, there were three parties represented in the PEXA workspace – the vendor, the buyer and the bank financing the purchase. MinterEllison's Innovation and Networks Leader, Andrew Cunningham, said the benefit for the client using the PEXA online platform is considerable. "The real property industry is going through a rapid transformation, backed by state governments and land registries. We're proud of MinterEllison's ability and readiness to adopt these changes to assist our clients, he said." Over the past six months MinterEllison has been running a pilot of PEXA, completing more than 80 simple lodgements electronically, including Discharges of Mortgage, Caveats, Settlement Notices and more recently Priority Notices. "Adding stand-alone financial settlements to the scope of our work in PEXA was a logical next step," Mr Cunningham said. MinterEllison's property team is one of the largest in Australia, with 36 partners and more than 140 lawyers across the country delivering a comprehensive range of property-related legal services for developers, investors, owners, landlords, property fund managers and governments. Perth-based Senior Paralegal, Emma Cummings, who led the team on the property settlement, said the process was seamless. "I’m looking forward to working full time on the PEXA platform. It's an easy, productive and collaborative way to conduct settlements," she said. Above: Emma Cummings, Senior Paralegal and Natalie Casale, Special Counsel (Perth) completed MinterEllison’s first financial settlement
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27-04-2017
04:43 PM
3 Likes
Congrats Boutique Conveyancing and Pace Development Group for bringing your customers fast, safe and efficient property transfers. Media stories from this digital pioneer's push to take property transactions online can be read here
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21-04-2017
09:59 AM
2 Likes
Congrats @JennyTowers. Great to see @KarenBarr delivering stellar PEXA Direct Specialist service. Love the photo!
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02-03-2017
10:13 AM
2 Likes
Congratulations Fox Stevens - @LeahStevens! It's quite an achievement to have a story in the Newcastle Herald - a great newspaper and the heartbeat of that great city.
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21-10-2016
11:45 AM
2 Likes
Great picture story. Just goes to show that technology is the path to a simpler working life. My own conveyancer was cycling in France when my property settled earlier in the year. All the steps were in place, queued ready to go. I had absolute confidence that everything was on track with his company branded 'SettleMe' updates and text messages saying everything was going to plan.
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28-09-2016
02:10 PM
1 like
Great update that other lawyers can learn from. Rigby Cooke Lawyers are showing industry that incorporating new technology helps their end customers. Plus there's plenty of free help for those firms wanting to transact property online and now just need time and guidance to transition to a digital future.
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29-08-2016
02:41 PM
2 Likes
The push to move property transactions online is gathering pace. The recent Gippsland "Keeping up with e-Conveyancing" session was keenly attended. PEXA Direct Leader, Heather Crichton (pictured), Land Victoria and the State Revenue Office briefed the growing e-Conveyancing community on digital settlement. 1,000+ Victorian conveyancers & law practices are gearing up to transact online. Didn't get a chance to attend? Please post your e-Conveyancing questions and Heather will stay in touch by replying. Gippsland lawyers & conveyancers tune into "Keeping up with e-Conveyancing" session
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18-08-2016
06:07 PM
3 Likes
In no time at all Kenny Spring Solicitors (Bathurst, NSW) has ramped up double digit online property transactions on behalf of customers including Wyong Shire Credit Union and Family First Credit Union. Solicitor Zoe Bagnall explains that industry has an opportunity to get on board and voice how it wants to shape the growing digital network. Do you have an innovation story to share, or, an idea that helps the e-Conveyancing community transition to the digital era?
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28-07-2016
01:19 PM
1 like
A great story Carl - and well done GP Legal. It's often experienced lawyers and conveyancers who show new entrants to the profession that technology can be a path back to more client time. Enthusiasm for e-Conveyancing spans the generations in this case.
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20-07-2016
05:25 PM
9 Likes
The e-Conveyancing community has come a long way since the Commonwealth Bank completed the first ever PEXA transaction in 2013. Today, 100+ banking & financial institutions & 3,000 legal and conveyancing practices are on board - testament to the entire industry's incredible work. Thank you e-Conveyancing community. It's your network.
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19-07-2016
10:28 AM
19 Likes
Congratulations Suthers Lawyers and Swift Legal for making the headlines by exchanging property online and calling out the benefits for your regional peers. Another Wide Bay area success story noting that digital property exchange means more time available for clients because staff no longer need to leave the office to attend settlements.
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15-07-2016
03:50 PM
11 Likes
Peter Esho, 2UE Talking Property radio host, reached out to interview PEXA about the property industry's digital transformation. Marcus explains why exchanging property online is a game changer for lawyers and conveyancers at the centre of this e-Conveyancing reform. Peter Esho also shares his own manual property exchange frustration!
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14-07-2016
12:36 PM
2 Likes
A great opportunity to hear from a power transactor on the e-Conveyancing network. Elissa spoke clearly, concisely and with feeling about her conveyancing practice and the importance of going digital.
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13-07-2016
04:42 PM
1 like
Sensational feedback @SharonLadkin and well done Kaylene Widderick from On-Call Conveyancing.
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13-07-2016
02:57 PM
1 like
I saw @HelenBenge in action at the Port Macquarie road show with speakers from the Office of State Revenue and the NSW LPI. What an inspirational speaker @HelenBenge is. The room was packed with lawyers and conveyancers who took part in a pretty interesting Q&A at the end of the session. Look out for more information sessions with this excellent speaker - who weaves in some great anecodotes that amused as well as informed the gathered audience.
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13-07-2016
02:51 PM
Highly recommend this podcast. Excellent insights by @Hendeyi. I loved the revelation that ASX customers/subscribers tend to be in a more mature demographic. Just goes to show, age - like geographical location - is no barrier to going digital.
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13-07-2016
02:31 PM
2 Likes
The most gratifying moments from South Australia going live last week included reading the media releases, LinkedIn, PEXA Community, Twitter and Facebook posts written by the e-Conveyancing early adopters excited by taking their business online. Great commentary @Tracylongo and congrats again to the many practitioners making the switch online.
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13-07-2016
02:03 PM
1 like
One of the best aspects of reading these insights and on-the-road stories is getting a birds' eye view of how hard conveyancers and lawyers work on behalf of their clients. Well captured here by Priscilla. Looking forward to reading more first-hand experiences. Cheers
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