LMS has joined with Connells Group, Moverly, Peter Alan, and TM Group to launch an industry pilot.
This cross-industry collaboration aims to showcase how working horizontally across key stages of the home buying and selling journey could positively impact multiple stakeholders involved in the process, creating greater efficiencies.
While the pilot harnesses new technology, the core foundations are embedded in the principles of the Property Data Trust Framework (PDTF), to apply sector-wide policies and processes to multiple stakeholders.
The aim is to create a Digital Sale-Ready listing that allows for the reuse of data, including ID verification, and in return reduce duplication, provide a singular end-to-end user journey, create instant visibility of key documentation and allow searches to be ordered at point of listing with TM Group.
The pilot will launch on Monday 2nd September and aims to utilise recent initiatives championed by the OPDA to underpin the movement of data.
Ian Fry, group chief executive (estate agency) at Connells Group, said: “Connells Group remains committed to supporting industry initiatives that seek to improve the home-buying and selling experience for all parties.
“The breadth of our operations provides us with a unique insight into some of the challenges that have hindered progress in recent years, and our collaboration with LMS and their partners will provide an ideal opportunity to rapidly test and validate how key stakeholders can really work together to overcome these challenges and deliver a quicker, smoother and less stressful experience for all.”
