Conveyancers are legal professionals who assist in the transfer of property. Suppose you intend to hire a conveyancer; what would you assess? Below is a guide on how to choose a conveyancer.
Assess Their Speciality
Conveyancers are trained to exchange all types of properties. However, a conveyancer's speciality can significantly influence the exchange process. For instance, if you hire a commercial conveyancer when buying commercial property, they bring in a unique skill set that can ease the buying process. The conveyancer has existing relationships with commercial property owners and managers. Therefore, they can quickly tell why the property is for sale. For instance, you would be shocked to learn that the current owner built on an easement or reclaimed landfill. If you plan to purchase a residential property, a specialised conveyancer can inform you about the buyers' market demographics and the features in demand. Such data helps you make an informed buying decision.
Evaluate The Conveyancer's Organisational Skills
In many cases, buyers and sellers want to close the deal within a specified period. However, a disorganised conveyancer can significantly lengthen the conveyancing process. As a best practice, you must evaluate the conveyancer's organisational skills to determine whether they are a right fit. For instance;
- The conveyancer should prepare a conveyancing plan with specified activities and deadlines. If all factors remain constant, you know how long the process should take.
- The conveyancer should consider innovative communication strategies to save time. For instance, they could consider video conferencing to avoid in-person meetings that could take too long to actualise.
- The professional must offer comprehensive services. This way, they do not have to waste time vetting third-party service providers.
- The conveyancer should inform you about your responsibilities to ensure you are well-prepared. For instance, the conveyancer could ask you to attend an impromptu negotiation meeting when you are on a business trip.
Choose A Reasonable Payment Arrangement
As a client, you should bring up the payment issue first. It gives you a better chance at negotiating the conveyancing price and conditions. Start by requesting a comprehensive quote that breaks down the conveyancing costs and indicates all additional charges you could incur. Compare quotes issued by several conveyancers offering similar services. It sets the baseline for your negotiation strategy. For instance, you could pit one quote against the other or ask for complimentary services since they are on offer if you consider the conveyancer's competition. Although your preferred conveyancer could be willing to give good rates, you should always examine their terms and conditions to avoid disputes in the future.
For more information on conveyancing, contact a professional near you.