What does a conveyancer do?
A property conveyancer's role is to guide you through the process of buying and selling a home. Their job is to communicate on behalf of their clients, protect their interests and ensure that both parties comply with property laws.
Conveyancers have specialised expertise in property law and are primarily in charge of assisting their clients with legal transfers, paperwork, coordinating property settlements, and communicating with the opposite party's legal team to ensure that the transfer of property goes smoothly.
How much does a conveyancer in Brisbane cost?
The cost of hiring a conveyancer in Brisbane can vary depending on factors such as the kind of property being sold and whether you are hiring the services of a general conveyancer or a conveyancing solicitor.
The cost of hiring a conveyancer ranges from around $500-$1500, depending on whether you are buying or selling. Remember that the cost is not always fixed, and you may have to pay extra for additional services.
These can include, but are not limited to;
- Disbursements
- Legal insurance
- Title and mortgage registration fees
- The adjustments of rates and taxes
Things to look for when choosing a conveyancer
When deciding which conveyancer to use, several factors must be considered. First and foremost, it is best to look them up on the public register to confirm if they are certified.
When meeting your conveyancer for the first time, it helps to come with questions prepared. Pay close attention to their communication skills - after all, their job is to act as the go-between to the buying and selling parties.
Make sure they are listening to your questions and concerns and that you feel comfortable and heard within your interactions with them. Check recent reviews to see if they have managed to consistently reach settlement on time and make the process hassle-free for clients.
Should I choose a conveyancer or a solicitor?
There are two different kinds of conveyancers. A conveyancing solicitor (with a law degree) or a registered conveyancer (without a law degree).
As practising law professionals, conveyancing solicitors have a more complex understanding of the legal system and are better equipped to resolve complex legal disputes. They are also useful if you need specialised legal advice in the process of buying or selling your property.
As they are fully-fledged lawyers, they tend to be more expensive than regular conveyancers; however, their depth of knowledge and experience can prove extremely valuable in the right situations.
If you believe the buying or selling of your property might be a less straightforward process, it could be best to go with a conveyancing solicitor. However, if you need to stick to a tight budget or the transaction is relatively standard, hiring a regular conveyancer could be the best option for you.
What other services will I need when transferring my property?
Any additional services in the buying and selling of your property will depend on your situation and needs.
A mortgage broker can be helpful to consult with banks and lenders to negotiate a home loan. If you are selling an investment property, it can be helpful to employ the services of a financial advisor to ensure a positive economic outcome.
Finally, when moving into your new home, it can help to have a professional removalist to ensure that you can quickly and successfully move your belongings from one home to the next.