The property market can be daunting for those who enter it the first time. That's why buyers and sellers rely on estate agents and lawyers to guide them through the choices they have to make. But why do I need two guides? It's all one property transaction, isn't it? The easy answer is not entirely, no.
When it comes to the sale of a property, two vastly different worlds are involved, both in need of a guide who knows their way around. Real estate agents understand property in a way few others do. Their understanding of the property market and the factors that need to be considered in property transactions ensures you the best possible real-estate advice.
They are, however, limited when it comes to the legal world. Not only can estate agents not complete the final conveyancing process, but they also can't give legal advice. This may seem simple, but where do legal questions actually begin? "What happens to the buyer's deposit when the purchase is cancelled?" "What is the best way to hold the title of my property?" "What are the terms of the shared driveway easement?" An estate agent would not be allowed to give you advice on any of these matters as they are technically legal concerns, which demands the attention of a qualified legal representative.
Lawyers are qualified to answer these questions and give you legal advice that will ensure you know where you stand legally and how to protect your concerns. Lawyers acting as conveyancers will also ensure a smooth transition when it comes to property transfers. Legally, you'll be safe in their hands. But what happens when you have real estate questions?
Will they be able to provide the seller with adequate marketing experience, making sure the seller's property is seen by prospective buyers? Will they be able to provide buyers with the necessary details about the neighbourhood and surroundings needed to make an informed decision. Will they be able to identify the inconsistencies that could cause unrest on the buyer's side later on? More often than not, the answer will be no. The estate agent's eye and thinking are trained through the years to see things in a way that others can't.
With 3%.Com Properties, we give you the best of both worlds. We can answer all your questions. As experienced attorneys, we are qualified to assist you in every legal matter that comes your way. But as estate agents, we've gained the experience needed to make sure your real estate needs are met every time. With you every step of the way, we have the expertise needed to ensure your real-estate questions are answered every time.
Lawyers selling property, it just makes sense!
This article is a general information sheet and should not be used or relied upon as professional advice. No liability can be accepted for any errors or omissions nor for any loss or damage arising from reliance upon any information herein. Always contact your adviser for specific and detailed advice. Errors and omissions excepted (E&OE).