In yet another leading development by the clicktopurchase® platform, a London agent has accepted a binding offer on his mobile phone, resulting in an online legal contract of sale being executed.

The property in question was a retail investment in Weymouth town centre, let to SportsDirect.com Retail Limited, available at an asking price of £900,000 at singerviellesales.com.

After just a short period in the market, an interested purchaser submitted an online clicktopurchase® offer at 17:24 on 13th July 2017.  The offer was formally accepted on the agent’s phone at 18:30, having received instructions from the seller, and an instant online clicktopurchase® sale contract was formed.

clicktopurchase® is a unique transactional platform for buying and selling property online.  It provides the facility for a legally binding clicktopurchase® exchange of contracts to be conducted electronically as part of the sales process.  It produces digitally signed documentation which is tamper-proof, verifiable and validated.  Advanced Electronic Signatures are created using Public Key Infrastructure technology.

"Execution by an agent on his phone demonstrates how far Proptech has come in changing traditional business practices." - Neil Singer, CEO clicktopurchase®

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