Proptech innovator Robert May has criticised yesterday’s launch of the Buying and Selling Property Information (BASPI) standard dataset which, if adopted widely, will make home purchases quicker and more resistant to fraud.
May, who helped established what is now Jupix before setting up his own firm Rummage4, says it’s strange that in today’s super-tech world, the BASPI document has been published as an old-school 19-page PDF.
“Rather than asking agents and conveyancers to fill in a huge document with a pen, it would be better to have published it via an online proptech platform where the different people involved fill it in rather than bits of paper flying about,” says May.
“I just can’t see agents happily wading through so many pages of guff.”
May says his own system can auto-populate much of the information from say Land Registry and other information provider APIs that the BASPI form is asking property professionals to include.
But Beth Rudolph (left) of The Conveyancing Association, which is backing the BASPI initiative via its membership of the Home Buying and Selling Group, says the intention is that by making it freely available to the industry, tech companies can ‘work their magic’.
“The BASPI questions have been made available in variety of electronic formats including Excel and Word with form fields to ensure that they can be picked up and deployed,” she says.
May is sceptical, claiming that most CRM providers already have a huge backlog of change requests to complete, and by “altering their system Reapit, for example, will have to change work flows for their 4,500 or so clients,” he says. “I don’t think they’ll do it.”