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Brokers to reap benefits of new e-Conveyancing legislation

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Australian Broker | 06 Jul 2016, 08:16 AM Agree 0
Innovative e-Conveyancing legislation passed in South Australia will streamline the property buying process
  • Rob | 07 Jul 2016, 08:03 AM Agree 0
    Welcome to South Australia! To celebrate, PEXA slipped in new transaction pricing as of 1st July 2016 including a 107.5% increase for a single title Discharge Mortgage (Express Refinance) transaction and 36.3% increase for a single title Mortgage (Express Refinance) transaction. No information was supplied by PEXA to justify these changes. All other transaction type price increases were less than 3% each. An example of selective price gouging by PEXA?
  • Taylor | 07 Jul 2016, 01:25 PM Agree 0
    Price gouging? Rather harsh! Perhaps PEXA's marketing gurus would refer to it as a price 'creaming or skimming' technique so they may enjoy the increased revenue benefits from recent VIC, WA and NSW government mandates which force all conveyancing stakeholders to use these particular transaction types in this new fiscal period.
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