leveraging technology to sell property online - fast, simple, fair

Presentation

“We are delighted that we will be able to offer an online facility to acquire property in a virtual environment. clicktopurchaseproperty will allow purchasers to buy over the internet

quickly and efficiently”

Chris Day, Managing Director, Christie + Co

Imagine telling your clients that you can sell their property faster than ever before…you can

Imagine telling your clients that you can offer certainty…you can

Imagine telling your buyers that they no longer have to worry about gazumping…you can

Imagine telling your buyers that they have greater control than ever before…you can

Imagine telling your buyers that they are able to exchange faster than ever before, maybe with completion conditional upon finance or survey…you can

What is clicktopurchase®?

clicktopurchase® is a unique and proven platform enabling properties to be bought and sold online by private treaty

clicktopurchase® is also the only true online real time auction which emulates a traditional ballroom auction but over a web interface.

What is clicktopurchase®?

With clicktopurchase®…

You will be seen by clients to be at the leading edge of the property industry

You will be able to offer your clients a unique and proven transaction platform which will help to grow your business

By offering your clients’ use of clicktopurchase®, you will have a powerful tool to hugely assist selling your clients’ property

The ease of using clicktopurchase® will attract applicants and enable you to sell to local and international buyers

clicktopurchase® is not a marketing service which will compete with your marketing. It is a transactional platform to enhance and assist your marketing.

What is so good about clicktopurchase®?

You can provide your clients with a proven significantly faster transaction process

The ability to sell to buyers both near and far, at the click of a button

Total transparency in the sale process which instils confidence in the process and you as the appointed agent

Attract buyers to a process where gazumping is not possible and sellers no longer need to be worried about being “chipped”

Why is clicktopurchase® more flexible?

It offers the facility to choose at any point in the marketing process between :

- exchanging in the traditional fashion,

- or, online by clicktopurchase® Private Treaty,

- or, online by clicktopurchase® Best Offers,

-or, online by clicktopurchase® Real Time Auction

It offers you, the agent, the flexibility to auction a

property online at any time you choose

Why is clicktopurchase® more flexible?

Imagine an offer is submitted in the traditional way at £1m with a three week exchange period. At the same time a clicktopurchase® offer is submitted at £1m which can be exchanged instantly. Which one would you recommend?

Imagine an offer is submitted at £1m with completion conditional upon finance, and another at £975,000 unconditionally by clicktopurchase®. Your client chooses.

Why is clicktopurchase® more flexible?

Imagine a buyer knows he is competing with a bidder who has offered £1m with a three week exchange. Maybe his offer at £975,000 by clicktopurchase® has been rejected. He can increase his offer at the click to a button, maybe to £1m and offer certainty.

Maybe the seller seeks clicktopurchase® Best Offers or an auction, in response.

A more efficient, flexible, transparent and fast way to sell.

You can see why clicktopurchase® will enable you to offer clients a significantly enhanced service to help grow your business and win new instructions

What is so good about clicktopurchase® auctions?

You can call an auction at any time to suit you and your client, reacting to the market response to a client’s property

You can call your own agency’s auctions any time you chose, offering single or multiple lots

Bidders can participate from anywhere in the world

The bidder’s identity is known before an auction, providing certainty of performance

The auction process uniquely emulates the traditional auction room

The unique features of clicktopurchase® provide confidence, ease and transparency, thereby encouraging bidders to participate, with far greater control than the traditional auction

So you can offer your clients your own auctions overnight by joining clicktopurchaseproperty

How it works - part 1

A link from your website takes a buyer to clicktopurchaseproperty.com, to an area dedicated to the property in question

Here the buyer is able to view a full legal package online

Should the buyer wish to progress, once simple identity and financial checks are satisfied, a buyer may submit a clicktopurchase® offer.

How it works - part 2

Should the offer be accepted, an immediate exchange of a property contract occurs

Similarly, if an auction sale, an immediate exchange of a property contract occurs should the reserve be reached during the bidding process

Simplicity, certainty, the end of gazumping and “chipping”

The buyer identifies the property they wish to purchase

In order to make an offer they first need to be verified…

Once verified they can be cleared to make an offer…

…which is a simple four stage process

At every stage there are ample opportunities to check the details of the offer

Once the offer has been submitted, the buyer then awaits notification as to the status of their offer

The my account page shows details of the transaction and notifies the buyer if their offer has been accepted

Conditionality feature of clicktopurchase®

clicktopurchase® is designed to turn on or off a feature which provides a buyer with the option to submit unconditional offers to treat, or offers conditional upon finance or satisfactory survey.

You and your client choose whether you wish to offer clicktopurchase® buyers the ability to make a conditional offer for the property in question.

Remember, you don’t have to accept the offer.

It is not automated. It is the seller’s choice.

Conditionality feature of clicktopurchase® (cont.)

If a buyer exchanges by clicktopurchase® conditional upon finance and is unable to complete, the buyer is charged 0.5% of the contract price.

If a buyer exchanges by clicktopurchase® conditional upon survey, and a material fault is revealed by survey, the buyer may rescind the contract.

For a sale by clicktopurchase® auction, offers can only be submitted unconditionally.

Completion feature of clicktopurchase®

clicktopurchase® offers a feature which provides a buyer with the option to submit an offer with a completion date which may vary from the vendor’s preferred completion date.

If the feature is made available, a bidder can submit a clicktopurchase® offer with a proposed completion date which may or may not be acceptable to the seller. If the feature is not made available, any bid submitted will be in accordance with the completion date or period required by the seller.

For a sale by auction, the completion date or period will be in accordance with the seller’s requirements.

Alternatively if you wish you can call a clicktopurchase® auction at any point

There can be any number of lots in an auction

Bids are made in real time with a live online auctioneer coaxing bids in exactly the same way as in a traditional ballroom auction

A proven platform

Online property sales with values of over £5 million have been concluded through clicktopurchase®

Now you can see why clicktopurchaseproperty will enable you to offer clients a significantly enhanced service to help grow your business and win new instructions

Can you afford to ignore clicktopurchaseproperty?

Thank you

If you’d like to learn more about clicktopurchase®, please contact us:

telephone: +44 20 7563 1860email: info@clicktopurchaseproperty.com

Or visit:

www.clicktopurchaseproperty.com