We are pleased to announce that last week Craig Ray & Associates was confirmed as a Property Exchange Australia (PEXA) subscriber. This means that we have been accepted and are ready to begin transacting as a user in the new national electronic conveyancing platform.
PEXA is live in NSW and Victoria, however, the release date for Queensland titles and banking transaction has been extended to May 2015, and is anticipated to be extended further.
Once live in Queensland, Craig Ray & Associates will be able to offer our clients the PEXA platform to quickly and directly conduct their conveyance settlements, reducing delays from CBD settlements, funds clearing and eliminating the use of paper documents and bank cheques.