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One of the biggest hurdles to overcome in a property transaction is that of finding the right conveyancing attorney for the job. But the last person to enter a property transaction can't cause that big a stir, can they?
Most estate agents have conveyancing agents that they already have a good rapport with after working with them on previous property transactions. If the seller chooses to go with the estate agent's attorney, the agent at least will be in familiar waters. Standing relationships in any working environment increase efficiency, resulting in turn in expedited turnaround times.
This isn't always the case, though. Quite often, sellers have their own attorneys they want to handle the conveyancing process. This is, of course, entirely within the seller's rights. Choosing an attorney that you trust and are familiar with provides you with a peace of mind that is needed in any business transaction.
The problem with a seller choosing the attorney, though, lies in the fact that it is the purchaser that pays their fees. When a purchaser feels that the conveyancing fees are too steep or has other concerns about the chosen attorney, it is easy for them to start feeling like they are being taken advantage of as they had no say in the choice. Once these feelings of antagonism enter a transaction, they often plague the rest of the proceedings with doubt and second-guessing. Ultimately, this could even lead to the sale falling through.
This is why choosing the right person for the job is so important.
The role of the conveyancing attorney can be seen as a bridge between the seller, the buyer, the bond attorneys, the Deeds Office and various other institutions that are part of the property transaction process. As such, they are an integral part of the process, one that cannot be replaced, but also one that cannot be chosen lightly. In choosing the right conveyancer, both the seller and buyer have to be considered. It may sound difficult, but what if there was a way to avoid all the tension surrounding the choice of conveyancing attorney?
By having lawyers act as both estate agents and conveyancing attorneys, neither of the parties involved will feel they are being kept out of the loop of their transaction. The agent/attorney, in this case, will be attached to every step of the property sale for both the seller and purchaser. This way, both parties will feel comfortable with the attorney transferring the property.
The added benefit is that beyond offering equal peace of mind to both sides of the transaction, having both agents joined into one ensures comprehensive service throughout. Whether it is arranging finance, tailoring a unique deed of sale, providing consistent updates, or handling any unforeseen conveyancing hurdles, our agents take accountability from the start to finish so that neither of the other parties has to.
Contact 3%.Com Properties for service that is truly comprehensive.
This article is a general information sheet and should not be used or relied upon as professional advice. No liability can be accepted for any errors or omissions nor for any loss or damage arising from reliance upon any information herein. Always contact your adviser for specific and detailed advice. Errors and omissions excepted (E&OE).
Author: 3%.Com Properties