Researching for the best service is a must
Buying or selling a property in Sydney (or any state for that matter) can be a daunting and confusing process, partly because it is probably one of the biggest financial transactions you will make in your life. That is why it is important that you have a team of professionals working with you to help guide you through the entire process, and this team should include a trusted, local Sydney conveyancer.
However, before you hire a property conveyancing specialist in Sydney, you should do a little homework, use a local directory such as Tradebusters Connect to look for reputable, recommended property conveyancing specialist in Sydney, and talk to friends, family, and neighbours to see if they can offer any tips to finding a good one.
While you are comparing different Sydney conveyancers, put together a list of things you would like to know. Below are 5 questions to ask when hiring a Sydney conveyancer that will help you determine which one is most suitable for your needs.
However, keep in mind that if you use a local directory like Tradebusters Connect you’ll get the benefit of their knowledge of and experience with local Sydney conveyancers. Directories like Tradebusters Connect have already vetted local Sydney conveyancers and know the answers to these 5 important questions:
1. How much is it going to cost?
This should be one of the first questions asked, obviously, you want to choose a Sydney conveyancer that fits within your budget.
2. How much experience do you have?
Experience is just as important, if not more so than cost. Ideally, you will be looking for a Sydney conveyancer or a lawyer that specialises in property conveyancing services in Sydney (and not just general law, so do ask the question!).
Experience can be further broken down by asking how much experience they have with your specific type of property. For example: if the property you are interested in is a multi-million dollar mansion, then you will not want to work with a Sydney conveyancer who specialises in first-time buyers on a strict budget. You would be better off working with a Sydney conveyancer who is experienced with high-end purchases and who has an extensive working knowledge of the risks and issues that may arise with this type of property.
3. Do you work with a solicitor?
If you are going to be working with a Sydney conveyancer, it is a good idea to find one who works with a solicitor when they need a little extra assistance. This is useful if any problems come up that the Sydney conveyancer isn’t experienced enough to handle.
4. Do you have professional indemnity insurance?
It is essential that any professional have adequate insurance. Professional Indemnity Insurance protects against any claims referring to negligence in the performance of a professional service. You want to ensure they have this insurance and are covered in case something goes wrong during the conveyancing process due to their negligence. This will ensure that they can pay you damages if you have to file a claim against them.
5. What happens if things go wrong?
Of course, neither you nor your Sydney conveyancer wants anything to go wrong, but this question is worth asking just in case. Things that could go wrong including the death of the seller, tenants refusing to leave the property after you have purchased it, illegal structures not approved by the council, damage, fire, or flood on the property while it is in negotiation, or a lost title. It is important that you know what impact these types of things will have on the Sydney conveyancing fees, and whether it could affect the settlement date.
Ready to talk to a good Sydney conveyancer?
If you want to find a great business in Sydney, access our Tradebusters Connect Top 3 Local Choice directory. Their details are listed on this site and you can contact them directly.