ADVERTISEMENT

Swift, Secure and Smart Contract Solution for Property Developers

Screen-Shot-2017-10-27-at-5

If you are an estate agent or property developer and you are sick of drowning in paperwork just to make sales, Russell Kennedy Lawyers has created the solution.

Russell Kennedy Lawyers launched RK eContracts, a digital contract exchange platform which is designed to deliver a swift, secure and smart solution to facilitate the exchange of property contracts.

RK eContracts is particularly useful for property developers when a high volume of contracts need to be signed, and where the parties are not readily available to sign the contracts in person. It is also useful when there are interstate or overseas buyers and sellers, or where there are parties that are too time poor to make a physical appointment with the estate agent.

This online service is easy to use. All that is required is connection to the internet, and either a computer or a “smart” device.

RK eContracts gives estate agents, developers and purchasers simple prompts where information or digital signatures are required. The information is simply entered into the form on the estate agent’s smart device, and that information is used to automatically populate a contract.
Product review
Russell Kennedy Lawyers was working in collaboration with property developer, BelleVue Tops, to test and further refine RK eContracts.

Alex Zylberberg of property developer BelleVue Tops was impressed by the product.

“Russell Kennedy’s Property and Development team created a user-friendly digital platform for our sales agent to use.

"This platform enabled contracts that were typically taking two weeks to exchange, to be digitally signed and exchanged on the same day with parties across different geographical boundaries. RK eContracts is a great example of a technological solution that has helped our business and which has been embraced by purchasers," Zylberberg said.

Benefits
When we spoke to Russell Kennedy about the benefits of RK eContracts to property developers they listed the main advantages:

  • Less time and effort required to complete and sign contracts
  • Fast contract exchange
  • No risk of unauthorised amendments to contracts or inconsistencies between counterparts of contracts
  • A comprehensive audit trail for each contract is created
  • Avoidance of printing and postage fees with lower environmental impacts
  • The parties can sign a contract anywhere, anytime on any smart device

Why RK eContracts?
“We developed RK eContracts because we saw a real benefit to our clients if their sales and contract exchange process could be simplified and sped up.  RK eContracts also results in lower production costs for our clients,” property and development principal, Wai-Hwoon Low said.

According to property and development principals, Mark McKinley and Donna Rayner, RK eContracts makes it simple to enter into an off-the-plan contract.

“It enables the status of exchanged contracts to be monitored so sales can be progressed as swiftly as possible.  RK eContracts is just one aspect of the firm’s commitment to adopting digitally powered practices.”

You can find out more information about RK eContracts here.


The Urban Developer is proud to partner with Russell Kennedy Lawyers to deliver this article to you. In doing so, we can continue to publish our free daily news, information, insights and opinion to you, our valued readers.

ADVERTISEMENT
TOP STORIES
CONTRIBUTE TO THE CONVERSATION
Show Comments
advertise with us
The Urban Developer is Australia’s largest, most engaged and fastest growing community of property developers and urban development professionals. Connect your business with business and reach out to our partnerships team today.
Article originally posted at: https://theurbandeveloper.com/articles/swift-secure-smart-contract-solution-property-developers