What is conveyancing? What does a conveyancer do? In Australia 2022

What does a conveyancer do?

What is conveyancing?

A property conveyancer is a legal professional who understands and implements property law on behalf of people buying or selling real estate.

What  does a  conveyancer do?

You might be wondering what you’re paying for when you hire a property conveyancer. A skilled, professional property conveyancer will:

  • Prepare documentation relating to the sale;
  • Talk you through the documents to ensure you understand every step of the process;
  • Research the property and Certificate of Title;
  • Check the property for easements;
  • Put your deposit into a trust account;
  • Conduct the property settlement; and
  • Represent your interests with the other party.

Buying and selling real estate is undoubtedly an expensive and often stressful endeavor. As the buyer of a property, you can reasonably expect to pay tens of thousands of dollars on top of the purchase price of the property to cover stamp duty, a building and pest inspection, the mortgage registration fee, the loan application fee and mortgage insurance, just to name a few expenses. As the vendor of a property, you are subject to property taxes, marketing fees and agent fees. You need to contact property conveyancing Melbourne and get expert advice.

When going through this process, you might be tempted to think about cutting costs wherever possible by doing your own conveyancing work, but, in fact, not using a property conveyancer can end up costing you far more in the long run. Why? Liability.

You need to contact property conveyancing Brisbane and get expert advice.

Why It’s Important to Hire a Property Conveyancer if You’re Buying or Selling Real Estate

When you are in the process of buying or selling real estate, don’t make the mistake of doing it alone, here are some reasons why it’s important to have legal assistance from a professional property conveyancer.

When it comes to a stress-free property transfer, a skilled property conveyancer is worth their weight in gold. They are the professionals who can review all legal documents associated with the sale, check over the contract of sale, and assist you with ensuring that the property transaction progresses smoothly and without delays. They will also alert you to any issues, such as buying a property with an ongoing tenancy, that you may not have noticed in the contract.

Liability

Doing your own property conveyancing is not a recommended path to take because property laws and legislation are so complicated and vary in each state and territory. Your novice status won’t give you any less liability – you are still responsible for mistakes or oversights if you choose to do it yourself. You might save money by not paying a property conveyancer but doing it yourself could end up costing you a fortune down the road if you make any mistakes. The only way to ensure the purchase of your new home goes smoothly from a legal perspective is by hiring a property conveyancer.

How much will a property conveyancer cost me?

How much a property conveyancer will charge you depends primarily on:

  • The value of the property you are looking to buy or sell;
  • How complicated the sale or purchase is likely to be;
  • The type of property (business, residential etc.); and
  • Whether you choose to use a conveyancer or property solicitor.

Property conveyancing fees can differ, so it’s best to get quotes from several different conveyancers or property solicitors before you make your decision. Phone Jim’s Property Conveyancing on 13 15 46 to get a quote for services today.

Finding the right property conveyancer

When considering who to choose when you are in need of real estate conveyancing services, you might not know that you can use either a property solicitor or a licensed conveyancer. Both are skilled and experienced in performing property transactions, but property conveyancers tend to be better than solicitors. If yours is a straightforward sale, it would be more cost-effective to use a licenced conveyancer. On the other hand, if the real estate transfer is complicated due to ongoing legal matters, you might need the expertise of a property solicitor.

It would be best to do your research before hiring anybody to ensure past clients have been satisfied with their work. It is also important to choose a conveyancer local to the property you are buying or selling so that they have a deep understanding of local legislation. Here are some tips for finding the right property conveyancer.

Decide between a solicitor and a conveyancer

First, you need to decide what kind of professional you need. Solicitors and conveyancers can perform the same job when it comes to managing real estate transactions, broadly speaking they provide legal services regarding the sale or purchase of a property. The only difference is that solicitors have more extensive general legal knowledge and can assist you in transactions requiring court attendance.

Property solicitors are lawyers – they can help you with legal matters that a property conveyancer might not have the skills or knowledge to deal with.

Conversely, property conveyancers are often not lawyers, but they are licensed professionals with a broad knowledge of property law. Property conveyancers are equipped to handle property transactions and are often much better than solicitors. If your purchase or sale is a straightforward transaction, you will probably be better off choosing a property conveyancer to assist you.

Available when you need them

Fast communication is essential when it comes to buying and selling real estate. Your property conveyancer needs to be reachable by phone or email quickly if any sudden decisions are to be made.

If you have trouble getting in touch with a property conveyancer even to book an initial appointment, you might be better off looking elsewhere.

Great track record

Experienced property conveyancers are likely to be far better equipped to handle your real estate conveyancing than a practice made up of legal juniors. You should never be afraid to ask after their experience or ask to see qualifications. A good property conveyancer should always be happy to prove their capability to handle your real estate conveyancing needs.

They meet all your needs

The right property conveyancer should be able to meet all of your requirements, not just a single variable like price or availability. If your real estate conveyancing needs are simple, you might be happy with a modestly priced property conveyancer. But if they are constantly unavailable to you or are unfamiliar with local property law, they are not the right person to assist you.

Do your research

It’s a bad idea to simply go along with whoever your real estate agent has advised you to use. If they have a financial arrangement with a property conveyancer, they will benefit from referring you to them. That alone does not make them the best conveyancer to suit your needs and can lead to you receiving an inferior service than if you had chosen your own property conveyancer. Always do your research, preferably before you begin house hunting. Ask family or friends for good recommendations or look at the reviews a conveyancing firm has received from past clients.

The decision on who to choose as your representative in a property transaction needs to be about more than cost. It’s helpful to compare two or more property conveyancers and to use that information to inform your decision. Sometimes the best option doesn’t have as much value as one that is slightly more expensive, based on the level of service you receive.

Every Jim’s Property Conveyancing franchisee must meet the Jim’s Group standard of excellence and display a clear focus on complete customer satisfaction. Are you in the process of buying a home? Call Jim’s Property Conveyancing on 13 15 46 to organize a free quote. You need to contact property conveyancing Brisbane and get expert advice.

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