Answer from Bruno Simao
Conveyancers are specialised attorneys responsible for managing the legal , administrative , and financial steps required to transfer property ownership from the seller to the buyer . They ensure compliance with the sale agreement , handle the necessary paperwork , and most importantly , ensure that you , as the seller , are paid .
Why does the seller have the right to choose the conveyancer ? While it is possible to agree otherwise , there are several reasons why you should retain the right to appoint your own conveyancer :
Your Property , Your Risk : As the seller , you hold the ultimate responsibility for the accurate and timely transfer of ownership . Although the buyer typically covers the conveyancer ’ s fees , it ’ s you who needs to safeguard your financial interests throughout the process .
Control of the Process : Having your own conveyancer means you can monitor the progress and ensure the sale moves forward efficiently . If the buyer delays payment or faces issues with bond approval , your attorney can take swift action to protect your interests .
Protection of Your Financial Interests : A buyer-appointed conveyancer , while impartial , may not prioritize your financial security as much as your own attorney would . This can leave you vulnerable to complications or delays . How to choose a conveyancer :
Experience & Proactivity : Choose a conveyancer with experience and a proactive approach to avoid potential delays . An experienced attorney will identify issues early and resolve them quickly .
Clear Communication : Regular updates and clear communication ensure you ’ re informed and reduce confusion during the transfer process . Attention to Detail : Legal property transfers are complex . A meticulous conveyancer ensures accuracy and compliance to avoid delays and costly mistakes .
Cybersecurity : Given the rise in email fraud and cybercrime targeting property transactions , ensure that your conveyancer has robust security measures in place to protect your information and funds . When to involve your conveyancer ? It ’ s best to involve your conveyancer as early as possible . Ideally , consult with them before you even list your property . This allows them to guide you through the sale , review offers , and ensure that the sale agreement is fair and legally sound before you sign .
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