#212

Have you bought or thought about buying a UK property at auction? 

Maybe you’re put off because you don’t know your way around a legal pack? 

Or you don’t trust yourself to spot outrageous hidden fees.

Or you’re just reluctant to pay a solicitor hundreds of pounds to review a deal that you might not even buy.

In this episode, we present an alternative solution.

Jade Shrubsole has made it her mission to increase transparency in the auctions and is set to revolutionise the space with her new company Docuwise.

Docuwise is AI for reviewing auction legal packs.

In the episode, we discuss:

·       Difficulties in understanding legal packs

·       Concerns about hidden fees by sellers

·       The evolution of auction services / software

·       Docuwise as an AI tool for summarizing complex legal documents

·       Transparency in auction transactions

·       How DocuWise integrates with EIG’s Auction Passport service

·       The benefits for auctioneers

·       Solicitors' workload and high costs affecting auction transactions

·       Examples of auction pitfalls due to unread legal packs

·       The capability of handling complex documents like commercial leases

·       Bulk purchase options for regular auction buyers

·       Importance of the DocuWise button as a signal for transparency

·       Examples of how DocuWise has highlighted hidden fees

·       Real-life use cases showing DocuWise's impact on auction transparency

I'd Like Help With Setting My Goals

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Keywords

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