News

Nearly four in ten estate agents (39%) believe that greater “mutual respect” would most improve their relationship with conveyancers, but lawyers would prefer to see a focus on better collaboration, research has found.

An overwhelming 82% of estate agents and conveyancers say that the events of the last few years have seen their relationship change and that there is a real opportunity from building greater respect, trust, and openness going forward.

Greater cooperation between estate agents and conveyancers essential to improving property transactions, says new report

In the ‘Working Better Together’ report, a lack of mutual respect was cited by 32 per cent as preventing the professions from collaborating together effectively.

Around a third of conveyancers and estate agents say a lack of “mutual respect” between these professionals “prevents them from working together effectively”, says a report from Coadjute.

Despite their contrasting professions, building positive relationships and achieving customer satisfaction is what unites both.

Coadjute calls for greater collaboration between property industry professionals in order to improve transactions.

It is clear the difficulties of recent years have created even greater challenges for both conveyancers and estate agents and the relationship between them.

The findings reveal both parties overwhelmingly agree (82%) that the relationship has changed, and despite the challenges they face, nearly half are confident (42%) the relationship can be better.

One of the biggest challenges is a lack of understanding of the role conveyancers and estate agents play in a transaction, which creates a disconnect between them.

According to “Working Better Together”, a new report by Coadjute, both professions see real opportunity from building greater respect, trust, and openness in the relationship.

British proptech company Coadjute has signed a deal with legal services provider LexisNexis Enterprise Solutions that will allow it to use Coadjute’s platform to help connect all elements for property transactions.

Coadjute and LexisNexis herald 'landmark' deal in march towards a totally digitalised home moving future including for estate agents.

LexisNexis Enterprise Solutions and Coadjute unveiled the new strategic alliance today at the Bold Legal Group Summer Conference

The underlying motorway of blockchain has the genuine potential to transform the way in which home buying and selling is delivered.

Coadjute, the blockchain network for the property market that is transforming the ease and speed of home purchasing, has joined forces with LexisNexis Enterprise Solutions, a leading provider of a flexible technology platform