Sale instruction received to dispose of Jackson’s Corner, Reading
23rd April 2023
Completion of high-quality and detailed marketing presentation. Complicated property with many issues, explained at length within the presentation.
23rd April 2023
Clicktopurchase® instance created, including complete legal package.
24th April 2023
Listed on sales platform.
24th April 2023
First marketing email sent to registered international database.
6th May 2023
First “traditional” offer received from an interested party.
10th May 2023
Announcement that the sale process to be concluded by a binding clicktopurchase® tender.
15th May 2023
First Interested party cleared the verification process (money laundering and financial clearance).
22nd May 2023
Binding clicktopurchase® “Best Offers” deadline. Offers submitted online (legal offer to treat through clicktopurchase®) and “traditionally” (offer to exchange at a later date).
Electronic audit trail of transaction recorded in immutable Blockchain ledger.
Summary
A highly complicated asset, typical of the type of transaction where a selected buyer would present excuses to reduce an agreed price. The sale process concluded the exchange of a legal contract some 4 weeks from marketing, with a fully accountable sales process.