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Whats fair for conveyancing fees?

justin71's picture

Submitted by justin71 on September 6, 2011 - 3:41pm.

Joined: 14/05/2007

Hi peeps I was gonna title the subject " conveyanvcers are rip offs" but thought better of it.

We are buying a few acres outside Geelong and I know as a society we are accustomed to just bend over and accept all the charges companies etc. throw at us,<moderator: delete language>. They have put $85 for photocopying, admin charges, faxes & incidentals. I think they just pull this out of their butt to be honest, just screw the customer over for 85 bucks and they do that to everyone and its a nice little extra income. The other thing is, they have done two title charges and we get charged 2 x $40 becasue they said there was an error on the vendors side (the shire). Anyway, I know its just peanuts but its just the principle of being over charged for everything. The actual conveyancing fees were 600 bucks which I spose is normal for an acreage. Im not being petty, every dollar counts these days.


Terryw's picture

September 6, 2011 - 4:34pm

Joined: 01/01/2002

If you don't like it then don't use their services.

I am a solicitor and have charged $8,000 for conveyancing for one guy as I billed by the hour.

There are guys down chinatown doing it for $500 if you want.

Regards

Terryw


Shape's picture

September 6, 2011 - 4:40pm

Joined: 24/09/2010

$600 is a fair price for metro NSW,VIC and QLD.

Regards
Michael

Michael Chan ----- Finance (Mortgage/Commercial) Broker----
Michael@Shapehomeloans.com.au | 1300 SH LOAN | 1300 74 5626 | Fax: 02 8212 8909|
Same Bank. Better Rates. Served With A Passion.


Terryw's picture

September 6, 2011 - 4:42pm

Joined: 01/01/2002

For the amount of work and risk involved I would think $600 is extremely cheap.

Regards

Terryw


Shape's picture

September 6, 2011 - 4:54pm

Joined: 24/09/2010

Terryw wrote:
For the amount of work and risk involved I would think $600 is extremely cheap.

Def is....
I normally pay $850-950. ( reports charged as per required)

Regards
Michael

Michael Chan ----- Finance (Mortgage/Commercial) Broker----
Michael@Shapehomeloans.com.au | 1300 SH LOAN | 1300 74 5626 | Fax: 02 8212 8909|
Same Bank. Better Rates. Served With A Passion.


justin71's picture

September 7, 2011 - 10:50am

Joined: 14/05/2007

fair enough then, I'll shut up and stop whinging )


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