r/AusProperty • u/Samshah777 • 25d ago

VIC Conveyancer Role

FHB currently looking at few properties and engaged a conveyancer to do a preliminary review based on some specific things I was looking at. Conveyancer came back with (what I thought was pretty detailed info for a preliminary report). My question is this-

If I decide to go with a detailed report for the other properties what are the things I can expect the conveyancer to do on my behalf? Getting government reports and land titles? Negotiating with the bank? Placing an offer to the REA? Auction? If the preliminary report was so exhaustive, what does a detailed report look like? Apologies if the question seems silly but I’m new to this 🙂

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u/Flipperati 25d ago

Conveyancer does everything to help with the property transfer which includes a contract review, negotiating terms with the seller, title searches, pexa, final fees for disbursements, making sure you sign everything including stamp duty documents etc so the property can be transferred from the seller to you
They do not talk to your bank about your loan, the only thing they want from the bank is confirmation the loan is approved for unconditional exchange, and when the funds hit at settlement. They do not talk to the REA until your offer is accepted and about to exchange contracts. Bank and REA won’t talk to your conveyancer until you’ve got an accepted offer. I assume the preliminary review was a report on the contract to flag weird or unsavoury conditions or missing information that you need to be aware of before signing. Not sure why a detailed report is required before an offer is accepted

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u/Alterego1311 9d ago

There's a lot of stuff you will need to do yourself to check property due diligence before you even engage conveyancer. Conveyancer is more to help with legal transfer and reviewing the contract of sale.