Your pre-settlement inspection is important

By on in Buying

You’ve bought the house and settlement date is fast approaching. There are many things to organise, but don’t forget to inspect the property prior to settlement. As the Buyer, you may inspect the property within 5 business days before the date of possession or settlement [Clause 5 of the 2011 General Conditions]. The seller’s real estate […]

Compare apples with apples when choosing your rep

By on in Buying, Featured posts, Selling

Flat Rate Settlements offers instant online quotes that are simple and transparent. And we’ll beat any competitor’s genuine quote by $50. But not everyone plays fair. Here are some tips for selecting a settlement representative: Compare apples with apples. Ethical agents are clear about their fees and don’t confuse them with disbursements (out-of-pocket expenses) that […]

Lawyer attacks bloated settlement agent fees

By on in Featured posts

Local home buyers are paying too much for real estate settlements, according to property lawyer Michael Hodgkins of Birman & Ride. And the bloated prices are approved by Government regulation. Some charges are twice the cost of comparable services in the eastern states. Introduced in 1982, the Settlement Agents Act was supposed to drive down […]

Lawyers lead charge in settlement price war

By on in Featured posts

Aggressive marketing by law firms has sparked a price-cutting war in Perth’s overcrowded conveyancing industry, saving home buyers and sellers hundreds or even thousands of dollars in settlement fees. Settlement agents calculate their fees on the value of the real estate transaction up to maximums prescribed by Government regulations. 75% of agents surveyed oppose abolishing […]