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Challenges for investors and developers and how to overcome them.

By Aitch Mac in Buying & Selling Process 108 views 18th Oct, 2024 Video Duration: N/A
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  • Juliet and the other speakers are bang on! They're highlighting critical challenges faced by property investors and developers, but these issues areJuliet and the other speakers are bang on! They're highlighting critical challenges faced by property investors and developers, but these issues are equally relevant across all types of transactions, especially residential sales. Effective communication and collaboration are absolutely essential. Every party involved in a property sale must work as a cohesive team.

    Whilst apps exist that can help track progress, getting everyone on board with yet another platform is a struggle. Conveyancers and other professionals already juggle numerous systems, and for each app one team likes, there are dozens of other professionals who favor different solutions. This multiplication of platforms often means more logins, yet another subscription fee, and, unless the app is universally adopted, there will continue to be communication gaps.

    Look at it from a conveyancers perspective for example, they typically have 80-100 cases to manage, imagine the inconvenience if a number of parties involved in those individual cases requested they sign up to their particular favourite progress tracker. Where do they draw the line?

    Unless there are clear added benefits to joining yet another platform or app, they will never be universally adopted by conveyancers, mortgage brokers, lenders, estate agents, clients and so on.
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