The Value of a Conveyancer

When you first meet with a conveyancer about your conveyancing matters, it is easy to assume that it’s as simple as just arranging the transfers of property, a lease, property development advice or a land division, but as it turns out - this is just the tip of the iceberg. When talking to your conveyancing services team you will more than likely be overwhelmed by their knowledge of the industry and application to your files.

Here are 2 things you should know about the Conveyancing industry:

1. Conveyancers don’t earn enough.

OK a bold statement, but let me explain. There is much more to completing a conveyancing transaction properly than you might think. Your Conveyancers are not only the person coordinating the settlement process between the lender and the purchaser/vendor’s Conveyancers - they are also your legal representative in the transaction to make sure that you are fully protected and that there are no legal repercussions down the track. They spend countless hours on the phone negotiating with banks and other Conveyancers so you don’t have to, just to make sure your property makes it to settlement and then, on the actual day of settlement they can take hours waiting in line with the archaic system with the manual swapping of cheques, titles and legal documents.

If you broke down what a conveyancer does to represent you properly to an hourly rate - you’d be surprised how much time is spent and how little reward they actually get for that time.

2. Conveyancers are their own worst enemies.

It seems to me that it is accepted within the Conveyancing industry to discount everything just to get business. Obviously, like other industries - those businesses that provide a valuable service to their clients (probably the most valuable service in the whole purchase of the property) will always charge what they are worth and you, as the customer, will be happy to pay for their services because you know that everything will be done properly.

There seems to be far too many “rock bottom” Conveyancers, happy charging very little just to keep their bank account turning over, but can this really be good for the consumer? We all know that you get what you pay for - but this is no cheap pair of trousers you’re buying from the local department store - this is a legal transaction that needs experience and 100% commitment to every document to make sure you are absolutely protected and property settlement happens on time, avoiding potentially costly penalties.

So what is the value of a conveyancer? Whatever it takes to handle your transaction, streamline the process ensuring everything is taken care of and that all bases are covered. Someone to not only handle the transaction, but also to spend quality time on your deal to ensure your absolute interests are protected. Every conveyancer will tell you they do that, however only the very good ones actually will, it’s worth paying that little bit extra for the peace of mind.

Zobel Conveyancing Adelaide provides conveyancing services for customers in South Australia. For more information visit www.zobelconveyancing.com.au

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