Wednesday, May 28, 2008
Internet = Communication
"the internet is a communications medium, and the focus should be on the ease of communication…" Quote Mike Masnick
From a conveyancing perspective, we have to start using the internet as a communications tool. You don't have to scratch the surface too deeply to realise the paths of communications that exist between clients and lawyers, clients and agents, clients and lenders, lawyers and agents, lawyers and lenders, land registries and statutory authorities.
The answer is to identify the transactions that occur repeatedly in every property transaction and to replicate and emulate them online. At the same time, you have to identify the risks and safeguard the parties as best as possible and provide insurance mechanisms to compensate for any loss that might occur.
Today, what is the alternative?
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