CTPP Website Presentation - 17.2.15
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Transcript of CTPP Website Presentation - 17.2.15
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Now being used by agents on behalf of banks,
receivers and institutions
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Why you will want to use
With clicktopurchase you will win
instructions and increase your turnover
clicktopurchase will provide you with a
powerful tool to enable you to deliver a
superior service with speed, certainty,
flexibility and impressive results
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What is
clicktopurchase is a unique and proven
platform enabling properties for the first
time to be bought and sold online by
private treaty
clicktopurchase also provides the only
real time live online auctions, emulating
the traditional ballroom auction but over
a web interface
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at your website
clicktopurchaseproperty.com is a transactional
platform where you will be able to use all the
features of clicktopurchase. It is not a
service to compete with your marketing but
one to enhance and assist your marketing
However, clicktopurchase is also available in
a white labelled environment so buyers never seem to leave your website in order to
exchange contracts by private treaty
Bidders participate in your own online real time
auctions by way of an extension to your
website
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Speed, Certainty, Flexibility
You have a powerful execution tool to enhance your marketing
by choosing at any point in the sales process between:
- exchanging in the traditional fashion,
- or, online by clicktopurchase Private Treaty,
- or, online by clicktopurchase Best Offers,
- or, online by clicktopurchase Real Time Live
Auction
You can react at any time to select the best method
to close a sale, maximise price and provide your
client with certainty
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What is so good about ?
A proven significantly faster transaction process
You can exchange contracts online with anyone,
anywhere, at the click of a button
Total transparency which instils confidence in you
Provide certainty of transaction to both parties
Attract more buyers by a process where
gazumping is not possible; sellers no longer need
to worry about being chipped
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What is so good about auctions?
Call your own real time live auction or best offers at any time if you feel this is the best way to
maximise price and close the sale
The auction process emulates the traditional
auction room providing an auctioneers interaction with bidders
The marginal cost for each auction is zero
Bidders can participate from anywhere
You may choose single or multiple lot auctions at
any time
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How does work?
At your white labelled area on clicktopurchaseproperty.com your buyers will be able to submit a clicktopurchase
offer
Should you accept the offer, there will be an immediate
exchange of contracts online
You dont have to accept an offer; it is not automated; it is your choice, but transactions can now occur faster than
ever before with certainty
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The my account page shows
details of the transaction and
notifies the buyer if their offer
has been accepted
When exchanged, an electronic
memorandum of sale is
generated detailing the
transaction
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Alternatively, if you wish you can
call your clicktopurchase
auction at any point, be it at the
start of marketing or in reaction
to interest generated
Bids are made in real time with
the live auctioneer coaxing bids
in exactly the same way as in a
traditional ballroom auction
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caters for finance and surveys
clicktopurchase may provide a buyer with the
option to submit unconditional offers to treat, or
offers conditional upon finance or satisfactory survey
If you choose to accept an offer with completion
conditional upon finance, a default penalty of 0.5% is
charged to the buyer for failure to complete
If a buyer exchanges with completion conditional
upon survey, and a material fault is revealed, the
buyer may rescind the contract
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can allow a choice for completion
clicktopurchase offers a feature which provides
a buyer with the option to submit an offer with a
completion date which may vary from the sellers
preferred date
If the feature is made available, a bidder can submit
a clicktopurchase offer with a proposed
completion date which may or may not be
acceptable to the seller
For a sale by auction, the completion date is fixed
by the seller
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Conclusion
With clicktopurchase you will be seen by clients to be at
the leading edge of the property industry.
You will be able to offer your clients a unique and proven
transaction platform which will help to grow your business
You will have a powerful tool to hugely assist selling your
clients property
The ease of using clicktopurchase will help attract
applicants and create more competition
So you can see how clicktopurchase will enable you to
offer clients a significantly enhanced service
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Volkswagen, Milner Street, Warrington WA5 1AD
A UK agency was instructed by a large fund to sell this car showroom investment in
Warrington.
Within just 48 hours the purchaser submitted the online clicktopurchase offer to treat, the
offer was accepted and a binding online exchange of contracts occurred.
Sold for 4.12 million 6.75% - the largest clicktopurchase exchange to date on behalf ofan institutional investor.
Speed of Sale
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A UK agency was instructed by Receivers to sell this short-income investment which had
been previously offered by another agent.
The property was initially offered for sale by clicktopurchase Auction for the 13th of
February 2013. However, due to the level of interest generated, the method of sale was
changed and an online clicktopurchase "Best Offers" was announced on 29th January to
occur on 1st February at 11:00am.
5 parties submitted online clicktopurchase offers by the 11:00am deadline ; as soon as
instructions were obtained, the offer was accepted and an online clicktopurchase
exchange occurred at 1:12pm. It took just 11 business days from commencement of
marketing to exchange by Online clicktopurchase Best Offers.
Units 1-4 Block B, St Peter's Industrial Park, Tower
Close, Huntingdon PE29 7DH
Online Best Offers
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UK House, 11-20 Sentinel Square, London NW4 2EL
Online Real Time Auction
Following a short period of marketing on behalf of Fixed Charge Receivers, the selling agent
decided to conclude the marketing of this property by clicktopurchase real time auction.
The live auctioneer opened the auction at the scheduled time and interacted with the bidders
resulting in a winning bid being submitted at 955,000, compared to the Guide Price of
500,000. 82 bids were submitted in real time during the auction.
At the point the winning bid was accepted, an instant legally binding online contract note
was generated.
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A retail investment offered for sale with the benefit of clicktopurchase.
Within 7 working days, the purchaser and seller both benefitted from the certainty provided
by an online exchange without needing to issue a contract in the traditional way.
The investor submitted the online clicktopurchase offer to treat which was shortly
afterwards accepted and thereby exchanged online.
Lot size 895,000.
27 Strait Bargate, Boston, Lincolnshire PE21 6EG
Certainty of Sale
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The property was marketed at 1.1 million, due to the lack of interest it was then remarketed
at 750 000.
In reaction to the amount of interest generated an online auction was called where
competitive bidding resulted in the sale of the property for 860,000. clicktopurchase
allowed the agency flexibility by being able to switch from private treaty to online auction
quickly.
Units 6&7, Lakeside Business Village,
Fleming Road, Chafford Hundred
Flexibility
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Contact us
Can you afford to ignore clicktopurchase?
Please contact us to learn more about this unique
service:
T: +44 20 7563 1860
Or visit:
www.clicktopurchaseproperty.com