July 28, 2014
Competition is quite intense in almost each and every business and there is no doubt that conveyancing is also no exception. While there are many who still continue to bank of trusted brick and mortar ways of doing business there is no doubt that they can ill afford to ignore the growing impact of modern day technology. When we refer to modern day technology the first thing that comes to our mind is the internet and it growing influence in the way we run various businesses. Hence if you are into property conveyancing and struggling to take on competition using the traditional methods, your decision to turn to the internet could prove very useful. It could go a long way in helping you to move your business to the next higher level. It will help you in your endeavor to network better with more people and will also help you to strengthen and deepen relationships. However, you must know how to go about it in a step by step manner.
The first thing you should do is to have a website that is informative and interesting to the customers. It should entice them to come back to your website over and over again. The information that is provided in your website should not be static but should keep changing regularly. It should pertain to real estate industry in general and conveyancing business in particular. Further as a conveyancer who want to take on competition aggressively it is vital that you understand the importance of using the various social media sites to your advantage. For example you should make it a point to be aggressively present in sites like Twitter, Facebook and other such sites.
It is also important to use the internet to come out with unique ideas that could add more value to customers. For example, you must try and offer online conveyancing to customers. Though this is not an easy task, once you are able to do it, there is no doubt you will be giving a new shape to your business and will be one up as far as competition is concerned. Automating back office operations and offering end to end solutions is also something that should be always kept in mind at all points in time.
July 23, 2014
Modern day technologies like the computer, internet and mobile telephony have well and truly given a new definition to the way businesses are done across the world. These technologies have impacted almost all businesses and real estate conveyancing is also no exception. Hence even if a conveyancing business is running well today, there cannot be any reason for being complacent about it. This is because changing customer habits, buying preferences and choices are making it difficult for even established players to depend on the old ways of marketing their conveyancing services to their customers.
Conveyancing as most of us would be aware is all about ensuring smooth transfer of ownership from one entity to another. There are quite a few processes that are involved and quite a few professionals are a part of it. Hence, it is important to always look for conveyancers who are able to give the best in terms of price, timely services and efficiency in service standards. Towards this objective there is little doubt that the internet has a very big and important role to play. Today’s customers are short on time and therefore look for convenience when it comes to any product or services. Hence, if as a conveyancing company we are able to offer online conveyancing and other such home-delivery facilities it will certainly go a long way in helping the customers. They will find value additions in such services and would even be willing to pay more for it.
Additionally, being present on the internet will certainly help conveyancers to build a more efficient and effective network. It will without any doubt help the service providers to look for new prospects and customers in an efficient and cost effective manner. It will also help strengthen existing relationships apart from building new ones. However, being on the internet cannot be done is a piecemeal manner. One has to go whole hog after it and be aggressive about it whether it is being present on the various social media websites or taking up online memberships with reputed institutions and organizations that have something in common. In fine, there is hardly any doubt that few years from now, a major portion of the conveyancing business will be done online.
July 4, 2014
Running a conveyancing business is not the same as it was a few years ago. On the one hand the level of competitions has increased significantly. On the other hand there is no doubt that the entire philosophy of online business is going through lot of changes. This is happening because of changes in customer buying and selling habits. It is impacting each and every business and conveyancing is no exception. Hence, if you are conveyancer who is keen on improving your business and taking it to higher levels, then you must certainly understand the importance of the internet. Though you might still be running a successful business using the brick and mortar model, it is important for you to realize that the internet is the place where all future action will be taking place.
Today’s customers are also suffering from serious shortage of quality time. Given the tight professional and career schedules, they hardly have any time left to run around the offices of the conveyancing professionals in the bid to get their work done. Under such circumstances, if conveyancing companies take the lead and start offering online conveyancing, it will certainly be a game changer of sorts. It will help the customer to save lot of time and effort and he will be willing to pay the price for it. As far as the conveyancing companies are concerned, it will certainly be very useful for them to bring in new customers and also retain existing ones. It will also redefine the way they are doing the business and will help reduce wastage of time and labor and improve productivity all around.
However, it has to be borne in mind that putting in place online conveyancing is not easy and it requires quite a lot of effort, planning and thinking through of the entire process. The job of replacing the manual work with automated work environment will take time and effort and it has to be done gradually without much of a hurry. However, there is no denying the fact that if you wish to improve your conveyancing business over the next few years, you certainly will have to be aggressively present on the internet. You must also understand the importance of being present in social networking sites like Facebook, Twitter, etc.
June 27, 2014
Technology certainly is playing a big role in each of our lives. There is no doubt that one of the biggest harbingers of change as far as modern day technology is concerned is without doubt the internet. Of late, the mobile phone technology is contributing quite significantly to the way in which people communicate with one another and the way in which they do their business. It applies to almost each and every business and conveyancing is no exception. Though even today most of the conveyancing businesses are done in the brick and mortar environment, it will not be long before more and more service providers turn to the internet for getting their online business into a fast track mode. Let us try and find out why it makes sense for conveyancers to take the help of the internet to further their business prospects.
The biggest advantage with online conveyancing is without doubt convenience. Most of today’s customers without any doubt are hard pressed for time and therefore if we offer them the facility of getting the services of conveyancing delivered at their doorsteps it certainly will be a great value addition to them. Further, from the company’s point of view also there are a number of advantages that one can get by going in for online conveyancing. A lot of unproductive work can be eased out and the precious human resources that are taken off from such mundane work can be put to better use.
Adhering to time lines is another important point that one should keep in mind while going in for conveyancing. When a service provider decides to opt for online conveyancing, it certainly will help him to save a lot of time. Delivering of deadlines which might have been impossible in a brick and mortar environment will now become a reality. It is also pertinent to mention here that competition in increasing in this business by leaps and bounds. Hence if a conveyancer wishes to be successful he has to compete effectively on the price front. This will be very much possible if he gradually decides to move from a manual to automated environment and eventually to an online environment. However, this is not an easy job and it will take time and effort and has to be done in phases over a period of time.
June 19, 2014
Conveyancing is perhaps the most important process to be followed whenever a person or entity decides to buy or sell a property. Unlike purchase of other movable or immovable assets, whenever a real estate property is bought or sold, there a number of legal, statutory and administrative steps that have to be followed. Unless they are followed, it is quite unlikely that the ownership of the property will not take place. Even if it takes places, it will not be fully compliant as per the laws of the land. Further since the entire process of conveyancing is highly complex and complicated, it is quite likely that customers would always prefer to handover the job to third party professionals having experience and expertise in this business.
Now coming back to the importance of the internet, there is no denying the fact that conveyancing business is not the same as it was a few years ago. Competition has increased quite significantly and therefore it is important for conveyancers to find out new ways and means by which they can move their business to a higher level. Towards this objective, there is no doubt that the internet has a very big role to play. Having a website is perhaps the basic minimum pre-requisite for any conveyancing company that is keen on leveraging the strength and reach of the internet.
There are a number of advantages and benefits when a conveyancing company decides to go online. They will be much better placed to offer good value for money to their customers. Further, they will be in a much better position to networking with new prospects and also build stronger relationships with existing customers. If the conveyancers can put together a good website is informative and useful, it will go a long way in bringing in new prospects which over a period of time will fructify into new business.
It would also not be a bad idea if these professionals also find out ways and means by which they can offer online conveyancing facilities to their customers. This will certainly be a big boon to many customers who are hard pressed for time. It will, without any doubt, make these service providers stand tall in a crowd. All said and done there is hardly any doubt that being present on the internet is no longer a choice but a necessity for modern day conveyancing companies.
June 5, 2014
When we talk about conventional conveyancing, we are referring to the brick and mortar setups. Here the customers have to interact and liaise with the concerned officials on a persona level and complete the various processes attached with conveyancing. However, given the time constraints that most of the customers face, online conveyancing is something that customers could find very useful. The biggest advantage is that they complete the entire process sitting in the comfort of their home. Just by uploading certain important documents, and perhaps meeting the service providers personally once or twice, it would be possible to get the entire job done.
From the conveyancers’ point of view also, online conveyancing has its own advantages and benefits. They will be able to bring in efficiency to their operations. They will also be able to add lot of value to their customers. Today’s customers are ready to pay more money provided they are able to get the right value for the consideration that they are paying. However, while all these might look good on the paper, it would be pertinent to mention that unless proper systems are not put in place it would be difficult to replicate the entire manual operations in an online environment. This is because moving on to an online conveyancing process requires having quite a few things in place.
Even the professionals who will be working on the finer points of conveyancing would be required to have a clear understanding on how the online mode of valuation works. They would need specialized training on handling such situations. Further, the technical aspects of putting a foolproof online conveyancing should also be taken into account. For example, the website should be sturdy and capable enough to ensure that it is able to withstand the load that it might have to handle over a period of time. While there is no doubt that online conveyancing benefits both customers and service providers, it has to be thought through carefully before being implemented.