A new online platform has been launched by start up Properr which aims to transform the UK home purchasing process.
Properr believes it could cut the standard home purchase transaction time from an average of 10 weeks to just two days.
Track My Move brings together customers, estate agents and solicitors onto one platform.
It provides one-stop-dashboard where all the relevant information is held in one place online and can be accessed by everyone involved at any time from any device.
Owen Derbyshire, chief executive and founder of Properr, said: “The current process of buying or selling a house is archaic, inefficient and stressful, with the average transaction taking between 10-12 weeks. Despite it being the biggest transaction most people will ever make in their lifetime, buyers and sellers often experience frustration over the lack of transparency in the process. Meanwhile, estate agents’ cashflow is affected as they don’t get paid until the transaction is complete.
“Track My Move is a big leap forward in transparency and accountability for all concerned. This round of funding allows us to continue our exponential growth to meet the needs of our rapidly growing client base.
“We’re working with partners and regulatory bodies to ensure the platform works for all parties and meets everyone’s needs from offer through to completion and post-completion. That means our customers are in total control of every element of the transaction and can effectively track their move from day one.”
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