PIP Data Rooms + Material Information + WiggyWam - WHY ESTATE AGENTS & SOLICITORS WHO IGNORE THIS WILL BE LEFT BEHIND!

The property industry is changing fast, and estate agents who fail to adapt may face serious consequences. With potential fines looming for not supplying Material Information upfront, agents must take action now to stay ahead of the curve.

Thankfully, there's a simple, low cost solution that not only ensures compliance (keeping the authorities happy) but also speeds up transactions, identifies serious buyers, and gets commissions paid faster. It's called PIP data rooms, and it's transforming the way agents handle property sales.

What Are PIP Data Rooms?

PIP data rooms are available for each residential property sale, and are based on the known and trusted Essential Information Group auction software adapted for Private Treaty sales. 

Data rooms can be opened by the estate agents, sellers or solicitors. Whoever opens a PIP data room first, can invite the other parties to join for FREE via a simple link. 

For a one off fee of £25, PIP can also provide Digital Property Information Forms (parts A, B and C) and an automatic Land Registry collect of the Title Register and Title Plan. These can be completed quickly online by sellers, with helpful guidance as they go. And the best bit, once completed, they are automatically stored in their data room, ready to share with others. 

To put the importance of this into some context, two years ago I witnessed the frustration of a family member completing these forms manually. Their solicitor did everything via post and email. There were 2 executors of the deceased family member's property who lived in different counties which made it even more complicated. For example, all forms required both signatures. Additionally, there was no real guidance on how to complete the forms, and it was difficult to get hold of the solicitor in question to ask for advice - being outside working hours and when most people who work would complete them. I saw first hand the stress and anxiety this caused, including the frustration of trying to find answers online. 

It took 4 weeks in total just to complete that one task as it needed to be posted off to second executor, then the solicitor etc. If they had used PIP Digital Property Information Forms, this would have been done within hours - with both executors having live access and the solicitor being able to check for errors instantly.

Great For Estate Agents and Solicitors Too!

Estate agents using the data rooms have found there are many benefits - they can not only identify keen sellers who complete the forms quickly, they can also reduce the number of time wasters by allowing buyers to view detailed information about the property before they make their offer. Plus, it provides trackable activity so agents can actually identify the serious buyers. 

For Solicitors, having access to all this information so early in the transaction, and being able to communicate and collaborate live throughout the transaction on WiggyWam is an absolute game changer - ensuring a faster process, deals completing quicker and fees being paid sooner! 

"Simple, effective and easy to use" is a commonly used testimonial.

The choice is clear: adapt now or risk falling behind.

• If you want to avoid fines and stay compliant with material information requirements…
• If you want to speed up transactions, reduce fall-through rates, and get paid faster…
• If you want to stand out from the competition by offering a better, more transparent service…

Then PIP data rooms, Material Information at the click of a button and WiggyWam are a no-brainer! 

Sign up today and experience the difference for yourself. The industry is moving fast - don't be the agent who gets left behind.