Land Services WA takes strategic stake in Perth proptech Realtime Conveyancer
Perth proptech Realtime Conveyancer, a leading provider of innovative conveyancing solutions, has announced that Land Services WA has become a strategic investor in the company.
“We are thrilled to welcome Land Services WA as a shareholder,” said Kylie Dillon (pictured), Founder and CEO of Realtime Conveyancer.
“This investment is a testament to the value of our platform and our commitment to transforming the conveyancing industry. We believe that Land Services WA’s expertise and experience will be invaluable as we continue to grow and expand our business.”
Realtime Conveyancer streamlines the conveyancing process, making it faster, easier, and more efficient by reducing traditional manual processes and replacing them with automation and digital tools that can be anywhere from any device.
Realtime Conveyancer is made up of a revolutionary end-to-end transaction management platform and a consumer app that provides top level cyber security to help conveyancers capture important details, share contracts and keep buyers, sellers and other stakeholders up to date.
Despite its young age, the startup is on track to transact 50% of Matters in WA through its platform by July, and is already handling 15% of SA Matters in less than six months since launch.
The strategic investment from Land Services WA will accelerate Realtime Conveyancer’s growth and development, including moves into new states. Realtime Conveyancer has been transacting in WA for the past four years and expanded into South Australia late last year.
“This investment in Realtime Conveyancer demonstrates the continued confidence in our company and our team,” said Ms Dillon.
“We are excited to work with them to expand the reach of our innovative platform into the eastern states and make it possible for conveyancers to enjoy the same levels of automation and digitisation as other industries.”
Eugene Suares, CEO of Land Services WA, said this investment is a first for Land Services WA and highlights the importance of and our commitment to, innovation and the Australian proptech industry, particularly in our own backyard WA, where Realtime Conveyancer was founded.
“We look forward to the continued growth of Realtime Conveyancer, innovation and value to the community stimulated by Realtime Conveyancer and the broader proptech ecosystem,” Suares said.
“The conveyancing process and practice is an adjacency to our business and component of the property value chain currently undergoing change, innovation, and digitisation. Realtime Conveyancer represents one of the ways that we are investing in innovation and efficiency for the property community.”
