Typically, there are two stages in a property transaction:
- The first stage is the sale of the property – usually handled by a registered property practitioner (estate agent).
- The second stage is the transfer of the property – which must be done by a conveyancer.
There are many legal pitfalls in a property transaction. Too often, law reports show that property sale disputes could have been prevented if a single expert had been used to attend to the entire property transaction. That is, marketing the property, closing the sale, concluding the sale agreement, transferring the property, to finally dealing with the proceeds of the sale.
There is no better person than an attorney/conveyancer to handle both stages, professionally and cost-effectively, assisted by his or her professional team of property professionals.
This attorney/conveyancer can also assist with a property loan application and subsequent bond registration. And, if required, may apply for a first home finance subsidy.
Legal practitioners know what it takes to become a qualified attorney and a conveyancer – it’s tough. But most attorneys/conveyancers know little or nothing about selling immovable property.
This online presentation will show you that it is possible to be an effective and successful property practitioner (estate agent) within your own legal practice.
This is a wonderful opportunity for attorneys to take full control of the entire process, from the word go and to substantially increase their income flow.
- Some conveyancing attorneys are at the mercy of estate agents and mortgage originators to receive transfer and mortgage instructions.
- Some estate agents and mortgage originators are requesting cash back payments for transfer and mortgage instructions.
- The EDRS system of the Deeds Office, once fully operational, will impact on the revenue of conveyancers close to the Deeds Office acting as correspondent attorneys for lodgement.
- Attorneys who ask estate agents to sell a property flowing from a divorce or deceased estate cannot legally share in the commission a PPRA estate agent earns.
Attorneys can take charge of their own destinies and ensure that they are directly responsible for their own income and earn extra sales commission revenue.
Attorneys and candidate attorneys with valid LPC Fidelity Fund Certificates issued by the PPRA are exempt from the registration process at the PPRA, and can even appoint attorney estate agents to work for them and generate and earn sales commissions.
- Conveyancing attorneys (both novice and experienced) interested in reinvigorating their practices and earning an extra income.
- Litigation attorneys who may have to sell their clients’ properties.
- Divorce attorneys who may need to assist their clients with selling a property flowing from a divorce matter.
- Deceased estate administrators who need to assist an executor in selling a property in the course of winding up an estate.
- This information session is presented online over 3 hours on 8 September from 08:30-11:30.
- It can be attended either online or by obtaining recordings. Recordings will be available two weeks after the presentation has taken place.
- When opting for recordings, follow the instructions in your registration confirmation email to request access to view recordings online. Recordings can be viewed at any time once you've received login details. Recordings are only available for a limited time, please refer to your registration confirmation letter for more information.
- The presentation is accompanied by a comprehensive information brochure.
- Learn more about how to market and sell properties as an attorney.
- You will acquire the basic practical information and knowledge required to set up a business or extend your business to selling properties and earning additional income.