inspections amounting to a property defect disclosure document will become a mandatory requirement for sales and leases . With this new legislation making reports like this a must-have , how will property practitioners keep up with the demand ?
Well , as is the case with many other paperbased processes in the property industry , technology is tipped to rise in prominence for inspections in South Africa , countering the need for even more paperwork .
David Hutchison , Sales Director at Property Inspect South Africa , comments : “ Whilst the ramifications and the opportunities due to the introduction of the new Property Practitioners Act are still unclear , what is certain is the need for better property technology to provide compliant reports and property audit trails .”
Proptech Holds the Key to Efficiency Failure to adopt technology could be detrimental in the wake of this new legislation , with a host of new mandatory documentation likely to swamp your average property practitioner . The benefits of adopting an end-to-end property inspection app are clear to see , chiefly among which is the ability to save time and money .
As well as full compliance , efficient workflows , and in-depth auditing , the other benefits are manifold .
“ Dispute resolution , fairness in handling disputes , professionalism , time-saving and business risk reduction are all benefits of upgrading your inspection process , and your proptech in general .”
But property technology adoption in South Africa has been slow to catch on , not unlike most of the world ’ s property sectors .
Resistance to change has been a huge stumbling block over the years , though property technology is having its breakthrough moment with some leading property organisations in South Africa .
So too organisations across the world , who are now benefitting from smarter , digital tools and platforms that speed up many facets of the property process , and inspections are no different . However , it ’ s not without its risks , as David Hutchinson explains :
“ Before making a switch , look out for systems with a proven track record , a clear vision for the future , features that you actually need , as well as good quality APIs for future integrations in order to further streamline your business .”
If you ’ d like to explore how Property Inspect can help you with your business ’ Property Practitioners Act 2022 workload , get in touch today or book a demo .
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