Buying or Selling Property? Why Having the Right Team Around You Matters
Buying or selling property isn't something you do every day.
But for the professionals helping you? It is.
A property transaction can involve your solicitor or conveyancer, mortgage broker, lender, real estate agent, building and pest inspector, accountant, financial adviser and sometimes other specialists.
Having the right people around you – and getting them involved at the right time – can make a huge difference.
Property transactions are a team effort
There are lots of moving parts between deciding to buy or sell and finally reaching settlement.
For a buyer, you might need to organise:
finance and loan approval;
a contract review;
building and pest inspections;
strata reports;
insurance;
accounting or tax advice;
property valuations; and
settlement arrangements.
For sellers, there are different professionals you may need along the way – from your real estate agent and conveyancer through to accountants, mortgage brokers and trades.
The important thing is that everyone understands their role and, where appropriate, communicates with each other.
Why we recommend working with professionals you trust
We've seen how much smoother a property transaction can be when clients have experienced, responsive professionals around them.
We've also seen what can happen when they don't.
Missed emails, unanswered calls, incorrect information or delays obtaining documents can quickly become stressful when there is a contractual deadline approaching.
That is why we encourage clients to choose professionals based on more than simply who offers the cheapest service.
Ask:
Are they experienced?
Are they responsive?
Will they explain things properly?
Do they understand the local property market?
Will they work collaboratively with the other professionals involved?
Sometimes paying a little more for the right advice can save considerably more in the long run.
Local knowledge can make a difference
When you're buying or selling property in the Hunter Valley, working with professionals who regularly deal with property in the area can be particularly valuable.
They may already understand the local market and some of the issues that commonly arise with properties throughout areas such as Branxton, Singleton, Cessnock, Maitland and the surrounding Hunter.
For us, having trusted local professionals we can call when an issue arises can also help us find practical solutions for our clients.
"I don't know who to call"
We hear this regularly.
You might know you need a building inspection but have no idea who to contact.
Perhaps you need a mortgage broker.
An accountant.
A financial adviser.
A real estate agent.
Or another professional and you simply don't know where to start.
Over the years, we have worked alongside many professionals throughout the Hunter Valley and have developed relationships with people and businesses whose work we know and trust.
To make things easier for our clients, we've put together our:
Preferred Referral Partners Guide –
It includes professionals and businesses our clients may find helpful throughout their property journey.
Of course, you are always free to choose your own professional. Our referral list is simply there if you would like somewhere to start.
Speak to us before you sign
One of the most important members of your property team should be involved before you sign the contract.
At Neilson + Co Legal, we review property contracts before our clients commit so they understand what they are signing and can identify potential issues early.
If you're thinking about buying or selling property in the Hunter Valley, you don't need to work everything out yourself.
Start with the right team.
And if you're not sure who you need, ask us.
We can point you in the right direction.
Buying or selling property in NSW? Contact Neilson + Co Legal before you sign.