Annalien Realty Blog

Mistakes and delays are time-consuming, not to mention very expensive.

According to South African law it is the seller’s prerogative to appoint  a conveyancing attorney to handle the legal and accounting aspects of his deal,  but seller’s are often not involved enough in the whole process.

Sellers often feel that the attorney they appointed should not be bugged and that they should know how to handle the process, but it often happens that the deal could have been handled faster and more efficient, had the seller (AND his agent) been kept in the loop with how the procedure was progressing and what obstacles were encountered. Delays can be financially devastating for both the seller and the buyer – and in my experience the process is often left in the hands of a conveyancing assistant who has no idea of the financial implications for all the parties involved when the process takes longer than the estimated six weeks.

I personally always recommend conveyancing firms who give weekly electronic updates to me as well as to the buyer and seller, taking the guess work and the stress and worrying out of the equation. My advice: insist on weekly updates;  a lot of money is at stake here.