Being a successful conveyancer is not a game of luck as many believe. Yes, there could be an element of good fortune but as the saying goes “fortune favors only the brave”. It is therefore important for us to understand some useful tips and suggestions to move from one level of success to another. To enable this to happen it is very important for us to understand that success in this business is not easy and there is no free lunch available here. It calls for taking a long term view of the business. Though short term gains may be possible if we are keen on stability and security then we should build this business at least for five to seven years. Additionally, here are a few important points that could help us to reach from one level of success to another in this business.
To be a successful real estate conveyancer, you must remember that building your business the right way the first time is the best option. The objectives and fundamentals on which your business is built must be solid and you should never compromise on the same. As a service provider you must have a thorough knowledge of conveyancing only after which you should go aggressively looking for customers. You must realize that conveyancing is not a one-man game but is all about teamwork. There could be many professionals involved in the whole process. On the one end the role of real estate lawyers and attorneys could be very important. On the other hand one also cannot ignore the significant role played by property valuers, real estate property managers, documentation specialists and other support staff. Hence, if you are starting a conveyancing company, you must know how to integrate the functions of each of these professionals. There must be a seamless and uninterrupted flow of information and documents from one professional to another without which you will be losing valuable time and quality will also take a beating.
As modern day conveyancers, you must also understand the need to be aggressively present on the internet. You must at least have a website to begin with. You must gradually ensure that the website invites quality traffic. This will augur very well for your future business. If you are also able to offer online conveyancing then this certainly will be an icing on the cake. You can bet certain that your prospect list with be overflowing sooner than later.
Buying and selling a real estate property is totally different when compared to buying and selling of other movable or immovable assets. Hence, it is important to have a clear understanding of the various aspects that play an important point as far as real estate buying and selling is concerned. Whenever a property is being bought or sold, before the actual ownership transfer takes place, there are a number of other steps and processes that should be completed. Even before the formal agreement is signed by the buyer and the seller, a number of checks, counter-checks and investigations are carried out. This is because even the smallest of property buying and selling could run into thousands of dollars. Therefore, both the buyers and sellers would like to secure their interest and safety if possible beyond one hundred percent.
Towards this objective, the role of conveyancing becomes very important. Put in plain and simple words, conveyancing is about the various processes and steps that have to be gone through before the ownership gets transferred from one entity to another. For example, there could be the need to find out the fair market value of the property that is being bought or sold. This has to be done by a qualified and experienced valuer who forms a part of the entire professionals who belong to the chain called conveyancing. In the same light, the role of property lawyers and attorneys is also extremely important. Their role is to check on the legal sanctity and legal tenability of the property that is being bought or sold. There could be hidden dangers lurking in some properties in the form of easements, covenants and other encumbrances that could impede the unblemished and clean ownership of the property in question.
Further the reports provided by conveyancers also help in more ways than one. When a valuer submits a valuation report it is no about just a figure that presumably represents the fair market value of the property in question. The valuation report has a bearing on the property tax payable, the stamp duty applicable and also for various other reasons. Further, the qualitative aspects of these valuation reports also help the buyers to take a call on whether to buy or not buy a property.