Property Information Products (PIP) offers a solution that aims to expedite the sale process in the Private Treaty market, providing a competitive edge for users. Leveraging technology from The Essential Information Group, a prominent provider of data rooms and information to the Auction Industry, PIP enables estate agents to establish a free data room for each property they bring to market. This can be done promptly, even on the spot as an instruction winner. The platform allows participants such as sellers, conveyancers, and estate agents to conveniently contribute information at their convenience. Notably, PIP ensures that all relevant parties stay updated regarding new documents and modifications, offering transparency by revealing the individuals who have accessed the data room and their download activities. Moreover, PIP facilitates progress monitoring for estate agents, sellers, buyers, and conveyancers, enabling them to track the responsible parties for each stage of the sale. Founded in 2020 and headquartered in the United Kingdom, PIP operates in the Prop Tech and Real Estate sectors. While specific details about the latest investment and involved investors are not disclosed, the platform demonstrates potential within the real estate tech landscape, especially in streamlining the sales process and promoting transparency.
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