Estate Agent Today

US real estate agents have used technology with new clients for years, because it speeds-up client onboarding and checks, with all the basics done at the outset. It saves hours for agents and solicitors, and earns kudos. With the ‘personal wallet’ coming soon in the UK – probably Q4 of this year – and which will include Anti Money Laundering (AML) information, estate agents have another opportunity to embrace property tech to save time, as well as costs: currently buyers and sellers have AML searches run at each stage of the transaction, so by the estate agent, solicitor and mortgage lender; if they have a personal wallet, the AML will only have to be run once, with other companies paying a small fee to access the information, saving time and money on repeating these highly crucial and necessary checks. The UK is also getting on board with the best time to complete the TA6 form, and by whom. Again in the US, this step has long been done by the real estate agent with the client, and thi