Buyers Guide

Electronic processing


The process of conveyancing can be broken down into five stages: contract, preparation, settlement, lodgement, and post lodgement

Source: Deloitte Access Economics
Source: Deloitte Access Economics

Real Estate Sales Online (RESO)

Real Estate Sales Online (RESO) makes it easy for Buyers to communicate with the Seller Agent about offering on a property, negotiating and then signing a contract for that property; all from the comfort of your own home.

All Agents and reps differ in their processes, so some may still require you to manually sign a paper document.

Digital signing

Electronic contract of sale may be digitally signed using DocuSign. If you do not wish to use the online platforms, the agent can still provide contracts of sale in a paper based form. How the property is sold is decided between the agent and seller.

RESO‘s electronic capture of digital information and parallel support for manual process allows all the benefit of digitising the process such as improved date capture, accuracy, reduction in errors, rework and time savings. RESO is currently expanding it‘s electronic transaction processing to integrate with the leading conveyancing and property settlement systems in Australia, this is driving down the manual duplication and results in an unnecessary cost of doing business.


PEXA is the leading online platform for the settlement and lodgement of land transfers nationally.

The platform provides a secure online portal to an electronic workspace where registered parties can complete and lodge documents, verify duty payments, and loan and settlement payments and transfer the funds online, and settle the transfer of a property with the land registries in near real time.

The use of PEXA’s platform for completing lodgement and property settlements means that lawyers, conveyancers, financial institutions and land registries can interact and share information online, removing the need for bank cheques and physical exchanges of documents. This addresses inefficiencies in preparation, settlement, and lodgement activities and the need for bank cheques and physical exchanges of documents.

The Origins of electronic processing

The Council of Australian Governments (COAG)

COAG, established in 1992, manages matters of national significance and was the genesis in 2011 for the regulatory framework for National Electronic Conveyancing in Australia by the six States and the Northern Territory and the Intergovernmental Agreement (IGA) known as the Electronic Conveyancing National Law Agreement.

Australian Registrars’ National Electronic Conveyancing Council (ARNECC)

The IGA establishes Australian Registrars’ National Electronic Conveyancing Council (ARNECC) and sets out its objectives on behalf of the land title Registrars and to ensure that business practices with respect to National Electronic Conveyancing are as far as practicably consistent in each jurisdiction.

Contracts involve preparing the relevant contract documents, that are then exchanged between parties in the preparation stage. Once the relevant title and mortgage documents are exchanged and completed, settlement occurs as the property and property payments are exchanged. The conveyancing process is finalised when the settlement documents are lodged with the relevant land title registrars and other bodies in the lodgement stage, and then all parties to the agreement are notified of the transfer during the post-lodgement stage.