Conveyancing refers to any real estate transaction, where a title or deed to real estate is conveyed from one person to another. Conveyancing services refers to a professional who handles many steps of this process on behalf of the buyer or the seller. If you're buying or selling real estate, you would do well to consider the services of a conveyancer, to ensure this transaction goes as smoothly as possible. Note a few things to understand about this service so you can determine if it's right for you.
Real estate agent versus conveyancer
A real estate agent's job is to represent a seller in getting a property sold, handling the marketing, showing, and the like. An agent may represent a buyer in finding appropriate real estate choices for them, and assist in negotiating a purchasing price. However, it is not the job of a real estate agent to arrange for inspections of that building, to hire an appraiser or land surveyor, and to transfer funds once the transaction is underway. These responsibilities fall to the buyers and sellers themselves, but can then be handled by a conveyancing service or professional.
When to hire a conveyancer
While a conveyancer helps with the process of actually conveying property from one party to another, don't wait until you're ready to buy a certain piece of property, or have received an offer on a property you're selling, before you hire this type of professional. A conveyancer can ensure that you have all your paperwork in order as the seller, so that no deeds, titles, surveys, and other such items are missing. As a buyer, the conveyancer can also help you with a title search, with inspections that need to be done, and with researching local zoning laws and other legalities that may affect your decision to buy.
Conveyancer and the speed of the process
A conveyancer can speed up the process of conveying property by knowing the right agencies to go through for a title search, and may have inspectors they work with who can get these inspections done as soon as possible. However, both buyers and sellers have certain legal spans of time that they can use for responding to offers and counteroffers, for producing funds for the transaction, and the like. Using a conveyancer doesn't mean you can supersede these timeframes, so note how their services might speed up the transaction while understanding their legal limitations in this regard as well.
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