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31st August 2017

Joseph Holder’s article in Estates Gazette considers how data sites can speed up real estate transactions

By Joseph Holder

In his article in the Estates Gazette, Senior Partner Joseph Holder considers what buyers and sellers can do to ensure a speedier transaction using data sites.

Ask most property sellers about one of their biggest perennial issues in business and most will respond that it is the time taken for buyers to carry out due-diligence after the initial agreement to transact – which more often than not leads to delays to exchange of contracts.

Sellers are continuously looking for a panacea to this issue.  Now, with improved IT,  the use of  data sites has proved popular at the even earlier stage of bidding – many perceiving that it not only helps to increase the number of potential high quality buyers but speeds up the process between bidding and exchange of contracts.

Yet do perceptions match the reality?  What can buyers and sellers do to ensure a speedier transaction using data sites?

Read the full article from the Estates Gazette, 26th August 2017 page 56 or subscription only online.

Alternatively, please contact Joseph Holder  for a copy or with any questions on this topic at joseph.holder@hamlins.com.

Have a question? Contact Joseph

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