Conveyancing solicitors are legal experts that handle all the aspects of real estate transactions for their clients. Whether you are buying or selling a property, you will need a licensed conveyancer or solicitor to effectively complete the transaction. It’s their job to address your queries and provide support online. Here are some key traits of a good conveyancing solicitor. 

1 - Solicitor VS Licensed Conveyancer

Licensed Conveyancers have deep knowledge of property law. While solicitors do specialize in property law, they also have an equally good knowledge of other areas of law. The difference in knowledge and experience makes an impact on the cost of services. However, know that they are supposed to safeguard your interests, therefore choose wisely based on your needs. 

2 - Service Costs

Generally, solicitors charge twice more in fees than a conveyancer. In Australia, solicitors charge in access of $1,000 plus disbursements. If your transaction is straightforward or the property value is low then it is best to opt for a conveyancer. Most firms, like LEAD Conveyancing, provide prompt online quotes. 

3 - The Right Time to Hire a Conveyancer

If you are a seller, then it is best to get a conveyancer on board as soon as possible. Drafting sale contracts and preparing vendor’s statements are time consuming tasks. Similarly, for property buyers, it would be best to engage with a conveyancer to review the sales contract before you bid or make an offer for the property. 

Conveyancers and solicitors play a major role in the completion of your real estate transaction. Therefore, make sure that the one you hire is well versed in property law and is a member of the Australian Institute of Conveyancers. To find out more about the scope of service, response times, and costs of conveyancing, visit this website.