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Property Exchange Australia recognises leaders in digital property settlement

The annual PropertyX Awards, presented by Property Exchange Australia (PEXA), have recognised some of the best digital property settlement players in Australia.

Now in its second year, the event saw property developers, conveyancers, lawyers and lenders come together to celebrate businesses leading the digitisation of property settlements.

Awards were given to businesses that have demonstrated leadership, innovation and customer-centricity in delivering a safer and more efficient means of transacting property to the Australian market.

PEXA CEO Marcus Price said he was thrilled to see so much support from industry in bringing property transactions into the digital age.

“Property is our country’s largest asset class, so the work involved in driving property settlements online is significant,” he said.

“From a standing start, this industry has truly come together in developing superior means of transacting property to all Australians. Together we’ve tangibly reduced the risk of property fraud while also delivering consumers fast access to the proceeds of sale and a far less complex settlement experience”.

Winners of the Industry Excellence Awards were selected from entries submitted by PEXA’s network of more than 8,000 legal and conveyancing firms, and 150 lenders.

Receiving the award for Property Developer of the Year, Stockland National Conveyancing Manager, Jade Campbell said they were delighted to be honoured with the accolade.

“Moving to the PEXA platform has resulted in a more sustainable and efficient way of working at Stockland whilst reducing the volume and impact of settlement delays for the benefit of our customers,” she said.

bytherules Conveyancing and First Class Legal, took home the Practitioner (lawyers, conveyancers, settlement agents) Industry Excellence award, with Managing Director Chris Collinge saying it was important for them to keep evolving.

“At bytherules our focus is providing easy-to-use online conveyancing. It is our constant goal to move towards 100 per cent e-conveyancing, from initial enquiry through to settlement.

“Without PEXA we would not be able to achieve this.”

The entries were judged by a panel of industry leaders including:

  • Christine Smythe, Partner, Robbins Watson Solicitors
  • Jonathon Smithers, Chief Executive Officer, Law Council of Australia
  • Linda Baxter, Director, Leo Cussen Centre for Law.

PEXA Industry Excellence award winners:

Practitioner (lawyers, conveyancers, settlement agents) – bytherules Conveyancing and First Class Legal
Panel Lawyer – Galilee Solicitors
Lender – ANZ

PEXA Members’ Choice award winners:

Practitioner (lawyers, conveyancers, settlement agents) – Wood Marshall Williams
Lender – Westpac Group

PEXA Property Developer of the Year award winner:

Developer – Stockland

 

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