Conveyancing Steps and Processes for Vendors/Selling
Get your bits together, council rates notice (to show the title details), plus any of the following if relevant – swimming pool/outdoor fixed spa registration certificate/certificate home of compliance/non-compliance – survey plans – occupation certificate if built recently – home warranty insurance if built recently – a copy of the lease if tenanted etc.
Speak to ABS Conveyancing on a Conveyancing Quote and Questionnaire.
Shop around for the Best Agent with their Market Appraisal.
Make initial payment to ABS Conveyancing, for the Contract Preparation.
Tidy up the property and give it a minimal makeover to help sell it at a low budget.
Draft Contract Prepared for you to review and approve, before it goes to the Agent, for marketing, selling and open home
Post Open Home Updates from the Agent with any offers to buy from potential purchasers.
Auction program and Auction Day if choose this method of marketing and selling with the Agent.
Contract Changes Requests prior to Auction.
Once you have an offer acceptable to you in normal selling (private treaty), Agent issues Sales Advice and ABS Conveyancing issues Contract.
Contract signing and exchanging.
Cooling Off period, Contract Changes Requests.
Post Cooling Off or Auction, Mortgage Discharge.
Post Cooling Off or Auction, Purchaser side order their searches, council, water, strata etc, for the draft settlement figures.
ABS Conveyancing sets up workspace in PEXA, for electronic on-line settlement.
Draft Settlement Figures from the Purchaser Side with the relevant searches.
Vendor Pay Directions to the Purchaser side.
Pre-Settlement Agent has with the Purchaser/s. Agent to confirm all fine or Purchaser side’s Conveyancer/Solicitor raises any issues.
Day of Settlement, ABS Conveyancing monitors and controls the PEXA workspace, for a successful settlement. Vendor Pay Directions, ABS Conveyancing balance of fees and bank mortgage discharge fees paid out at settlement. Surplus goes into the Vendor’s bank account.
ABS Conveyancing rings the Vendor/s of the Successful Settlement.
Post Successful Settlement, ABS Conveyancing sends the Order on the Agent, to the Agent, to release the keys/tags/cards to the Purchaser/s now the new owners and the deposit to the Vendors, less the Agents’ commission and marketing costs.
Land Titles Office (NSW Land Registry Services) sends notices to council and water on the new ownership details.
If strata, ABS Conveyancing signed off on Section 184 notice, to the Purchaser’s Conveyancer/Solicitor, to the strata manager, of the new ownership details.