The "KIVI" real estate agency system developed by Etuovi.com the first to enable digital signatures
(Thomson Reuters ONE) -
Alma Media Corporation Press release May 15, 2012 at 11:45 am (EEST)
THE "KIVI" REAL ESTATE AGENCY SYSTEM DEVELOPED BY ETUOVI.COM THE FIRST TO ENABLE
DIGITAL SIGNATURES
The KIVI real estate agency system developed by the Etuovi.com online service,
part of Alma Media Group, is the first such system in Finland that enables the
electronic signing of real estate brokerage contracts. This new functionality is
the first step towards making electronic deals in the real estate industry.
The possibility to sign contracts electronically introduces a quick and flexible
option to consumers for starting to sell their homes. For estate agents, it
means increased efficiency, time saving and competitive advantage. The
electronic signature is implemented paying particular attention to EU's
directive on e-commerce. According to the Good Real Estate Brokerage Practice,
contract details cannot be altered by either party alone after the contract has
been signed.
-The signing takes place through online banking user identification. All of the
parties receive the brokerage contract and its explanations appendix by email,
which enables them to print out the documents or save them on their own
computer. The documents, together with the verification details, are also saved
in the KIVI system, says Paula Jokisalo, Business Manager responsible for
Etuovi.com's customer solutions.
The electronic signing possibility has been in use for the estate brokerage
professionals using the Iso-KIVI version of the KIVI system since April. KIVI is
the market leader in web-based systems for the residential housing and real
estate business. The system is being used by hundreds of real estate agencies
with a daily user base of approximately 1,500 agents.
A step towards electronic home sales
Electronic signing will renew the practices in the industry and bring genuine
added value to brokers. This belief is shared by Pekka Ronkainen, Managing
Director of Sp-Koti Oy, one of the agencies using the KIVI system:
-The electronic signature makes the start and management of the sales process
easier and clearer, particularly in situations where there are several clients
or people are working geographically far away from each other. The new system
also modernises the real estate agent's work; consumers are already used to
providing their identification details electronically. I believe electronic
services will have an increasingly significant role in the real estate business
in the future.
Markku Tahvanainen, Development Director in charge of the eServices for Housing
and Building project at the Finnish Ministry of the Environment, emphasises that
electronic transactions are part of people's day-to-day lives, and more
opportunities are opening up in more and more areas of everyday life.
-The electronic signature that is now being made possible is one example of this
development. I believe that in future, property and housing company shares will
be sold and bought electronically. Electronic property sales is already under
development, and according to the National Land Survey of Finland, the first
electronic property transaction might be made as early as 2015.
For more information, please contact:
Paula Jokisalo
Business Manager, Etuovi.com Customer Solutions
Alma Mediapartners Oy
tel. +358 40 773 4644
paula.jokisalo(at)almamedia.fi
Heikki Huttunen
Business Director, Housing
Alma Mediapartners Oy
tel. +358 40 700 4739
heikki.huttunen(at)almamedia.fi
Etuovi.com in brief
Etuovi.com is a leading residential housing marketplace in Finland. The business
of the Etuovi.com service comprises a nationwide online service for home and
real estate sales, a special home sales publication and other real estate
brokerage media and tools. The Etuovi.com online service has approximately
350,000 unique weekly visitors. Together with the Vuokraovi.com online service
focusing on home rental, Etuovi.com reaches approximately 400,000 unique weekly
visitors. Real estate brokerage systems developed by Etuovi.com have
approximately 2,000 users. Etuovi.com is part of Alma Mediapartners Oy, a
company in which Alma Media Corporation has a 65% share and Arena Partners Oy, a
development company of several newspapers operating in Central Finland, a 35%
share. www.etuovi.com
Alma Media in brief
Alma Media is a dynamic media company whose best-known products are the
Aamulehti, Iltalehti, Kauppalehti and Etuovi.com. Alma Media employs
approximately 3,000 professionals. The company's revenue in 2011 totalled MEUR
316.2 with an operating margin of 13.3 per cent. Alma Media's share (ALN1V) is
listed in the Mid Cap segment of the NASDAQ OMX Helsinki. Read more:
www.almamedia.com.
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Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Alma Media Oyj via Thomson Reuters ONE
[HUG#1612268]
Unternehmensinformation / Kurzprofil:
Datum: 15.05.2012 - 10:45 Uhr
Sprache: Deutsch
News-ID 146407
Anzahl Zeichen: 5820
contact information:
Town:
Helsinki
Kategorie:
Business News
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