Selling

Conveyancing Process – Sale

The Agent

It is optional to engage an agent to assist you in selling your property. Alternatively you can do it yourself.

The Conveyancer

A conveyancer is engaged to prepare the Contract and Vendors Statement (section 32).
A Vendors Statement is an important document which has the purpose of giving information about the true nature of the property you are selling.

The Purchaser

Of course a purchaser is needed. Until a purchaser is found there’s not much we can do.

The Bank

As soon as a (a) purchaser is found, (b) deposit is received and (c) after contracts have been signed and exchanged your lender will be notified of the sale. Your lender will then determine the payout amount of your loan. This will take some time. Deposit is received but cannot be ‘released’ until a certain period of time has lapsed and specific conditions are met. Often a high payout figure relative to the sale price will prevent you from accessing the funds prior to settlement.

Purchaser’s Conveyancer

While we wait for your lender to get back to us about payout figures the purchaser’s Conveyancer is doing some important work also.

Booking Settlement

As soon as all parties are ready settlement is booked.

Settlement

Settlement takes place. Balance of monies from sale will be deposited into your nominated account.

how can we help you?

Contact us at our Melbourne office or submit an enquiry online

Great service, easy to deal with and prompt attention to all matters. All in all, couldn’t have been any smoother

Grant Jackson
Senior Project Manager, StatePlus

Thank you so much to Khiem and his team! They were reliable, efficient, great communicators if there were any issues and did an excellent job with my settlement and contract reviews. I highly recommend Provey for the fantastic work. Thanks for all your help!

Lahiru Amaratunge
Consultant Anaesthetist, Western Health

Whether you are buying, selling or developing real estate, we can help.