“We thought it appropriate that REI Forms Live, being the quiet achiever, should sit alongside the tradition that is auctioneering. There is no better Auction Competition in Australasia and we see this event as an opportunity to showcase to the world two of the best standing proudly alongside each other” Mr Troughton said.
REI Forms Live is a national platform for the electronic delivery of every agent’s bread and butter – their forms and documents. In the past, documents were not sexy to talk about. However, with 13 million forms downloaded and with over 40,000 agents and their staff relying on REI Forms Live to get the deal done, sexy is back.
The more recent integration with DocuSign has dragged documentation from the “wet ink” world to an electronic age and now, the entire documentation cycle can be completed exclusively online.
“Over the next five years, REI Forms Live will be delivered to hundreds of thousands of real estate consumers, whether buying, selling or leasing, and will quickly become the expected ‘delivery and execution’ of all real estate documentation.
“In terms of auctions, terms and condition will be able to be displayed electronically and if requested, sent directly to a registered bidder’s device. In South Australia, the issues surrounding proxy bidders or their representatives, simply disappears with the electronic delivery and execution of contracts” Mr Troughton said.