conveyancer

Solicitor of Conveyancer? – Things you need to know Infographic

by Greg on November 29, 2016
Thumbnail image for Solicitor of Conveyancer? – Things you need to know Infographic

If both of these words sound familiar to you, but you don’t know the difference, and you are thinking of buying or selling a property, you should definitely take a closer look at this infographic made by creative people at Yourcorner.com.au     Save Save

0 comments                                     Read more →

Solicitors and conveyancers – what’s the difference?

by Chris Lang on November 26, 2014
Thumbnail image for Solicitors  and conveyancers – what’s the difference?

I used to think those two terms (solicitor and conveyancer) mean the same, but they really are quite different. The difference is in what those lawyers can and can not do and even in what they charge you for their services.

5 comments                                     Read more →

Should the buyer and seller use the same conveyancer or solicitor?

by Chris Lang on May 8, 2011
Should the buyer and seller use the same conveyancer or solicitor?

Many people who buy their first home are unsure what a conveyancer does, let alone being acquainted with one. Not knowing which conveyancer or a solicitor to go to, sometimes they may think it is easier to just use the same one their seller is using. But is the easiest way always the smartest way? […]

0 comments                                     Read more →

What to do when you were wronged by a real estate agent or conveyancer

by Chris Lang on December 27, 2010
What to do when you were wronged by a real estate agent or conveyancer

In life things happen, and not necessarily the way we expect. Dealing with professionals who are supposed to help us, and who mess up instead, means that we are left with a mess to clean. When the stakes are low, the damage is minimal. For example, if we buy a toaster and it blows up, […]

5 comments                                     Read more →

Selling a house without an agent: your options (part 2)

by Chris Lang on June 1, 2009
Selling a house without an agent: your options (part 2)

A woman makes for sale by owner signIn my previous post I didn’t get to the explanation how to advertise your house to reach the most buyers.

Exposing your house to the maximum of buyers can be achieved in a number of ways:

1. You can advertise on Domain.com as a private seller directly (as opposed to via some sort of agency or a company). At this time it is impossible for a private seller to advertise on Realestate.com.au directly, as they deal with real estate agencies exclusively.

2. You can get a company named Lawyersrealestate.com.au to advertise your house for you on both Domain.com and Realestate.com.au as a part of a package of services they offer to private sellers. The rest of the package includes photography, negotiating and conveyancing.

3. You can get your house advertised on both Domain and Realestate.com.au via a website http://www.forsalebyownerrealestate.com.au. This is a new service, I’ve just found out about it a couple of days ago.

The costs

Sign board 900x 600mm: $50 – $75 (the simple one without the photos)

Property photography: about $200 – $250

Advertising:

1. LaywersConveyancing.com.au: $4400 for the whole package, if your house is sold within 3 months. If not, you will be paying for advertising alone. Don’t forget to add 400 for the property valuation.

2. Domain.com for a month – $500

3. http://www.forsalebyownerrealestate.com.au: $300 for the first month and $80 for any additional month until property is sold.

Comparing the 3 options, here is what I think:

1. Domain.com alone won’t get your house the optimal exposure.

2. Lawyers real estate is cheaper than the agent’s fees and they include the conveyancing. However, they require a valuation by a professional property valuer which costs about $400 and takes a week to prepare. Another disadvantage is that they are setting the price range around the valuation, which could mean that the price you are after won’t be achievable.

3. The third way looks the best to me, because it covers both major websites and there are no “extras” in the bundle that you can live without but must pay for. There is a warning though – according to the policy of realestate.com.au they don’t accept listings from private buyers (read the whole story here) and this company could be promising something they can’t deliver. Buyers beware, as always.

And now over to you – have you tried to sell your own house? How did you do it? What was the outcome?

3 comments                                     Read more →

Carnivals, Festivals and Linklove: what I have been up to this week

by Chris Lang on December 26, 2008
Carnivals, Festivals and Linklove: what I have been up to this week

If you liked my Household survival tips, you will definitely enjoy the Festival of Frugality – there is a wealth of money-saving tips and many interesting articles. My post about 8 proven ideas to save on fuel is there too. Another carnival to check out is the Homesteading Carnival over at A city on a […]

4 comments                                     Read more →

How to buy a house – Part 5

by Chris Lang on October 11, 2008
How to buy a house - Part 5

Once you’ve made your offer, it will be either accepted or rejected and it usually takes a couple of days to get the answer. If the offer is rejected you can try and submit a better offer on that house and see what happens. If the offer is accepted – congratulations, you’ve made some serious progress.

1 comment                                     Read more →

Making an offer on a house: Contract Note explained

by Chris Lang on September 16, 2008
Making an offer on a house: Contract Note explained

To make an offer on a house in most cases people use a document called the Contract note (in Victoria). It looks pretty simple and only has 2 pages but defines every aspect of your purchase – which is why you would want to understand it completely.

2 comments                                     Read more →

What exactly happens on settlement date

by Chris Lang on August 31, 2008
What exactly happens on settlement date

There are two important dates in the house buying process: the contract date and the settlement date. Contract date is the date when the vendor have signed a contract of sale or a contract note. In most contracts the house price is split in 2 parts, first the buyer pays the deposit (5 – 10 percent of the house price) and the remaining amount is paid on the settlement date.

5 comments                                     Read more →

The smart way to pay stamp duty on a house – part 2

by Chris Lang on August 28, 2008
The smart way to pay stamp duty on a house - part 2

How to use PPR concession to reduce stamp duty Another “discount” you can get for the stamp duty is your PPR (Principal Place of Residence) concession – if the house you are buying will be you Principal Place of Residence, you’re entitled to another discount. Principal Place of Residence means that 1) You’ve moved in […]

1 comment                                     Read more →

The smart way to pay stamp duty on a house – part 1

by Chris Lang on August 22, 2008
The smart way to pay stamp duty on a house - part 1

Stamp duty is a tax that you have to pay when purchasing a house. It is a significant expense and without a doubt puts an additional strain on home buyers. The smart way out is to use OPM (Other People’s Money) to pay it – whenever possible. Here is how it can be done:

3 comments                                     Read more →