July 28, 2014
Competition is quite intense in almost each and every business and there is no doubt that conveyancing solicitors in Sydney is also no exception. While there are many who still continue to bank of trusted brick and mortar ways of doing business there is no doubt that they can ill afford to ignore the growing impact of modern day technology. When we refer to modern day technology the first thing that comes to our mind is the internet and it growing influence in the way we run various businesses. Hence if you are into property conveyancing and struggling to take on competition using the traditional methods, your decision to turn to the internet could prove very useful. It could go a long way in helping you to move your business to the next higher level. It will help you in your endeavor to network better with more people and will also help you to strengthen and deepen relationships. However, you must know how to go about it in a step by step manner.
The first thing you should do is to have a website that is informative and interesting to the customers. It should entice them to come back to your website over and over again. The information that is provided in your website should not be static but should keep changing regularly. It should pertain to real estate industry in general and conveyancing business in particular. Further as a conveyancer who want to take on competition aggressively it is vital that you understand the importance of using the various social media sites to your advantage. For example you should make it a point to be aggressively present in sites like Twitter, Facebook and other such sites.
It is also important to use the internet to come out with unique ideas that could add more value to customers. For example, you must try and offer online conveyancing to customers. Though this is not an easy task, once you are able to do it, there is no doubt you will be giving a new shape to your business and will be one up as far as competition is concerned. Automating back office operations and offering end to end solutions is also something that should be always kept in mind at all points in time.
July 23, 2014
Modern day technologies like the computer, internet and mobile telephony have well and truly given a new definition to the way businesses are done across the world. These technologies have impacted almost all businesses and real estate conveyancing is also no exception. Hence even if a conveyancers melbourne business is running well today, there cannot be any reason for being complacent about it. This is because changing customer habits, buying preferences and choices are making it difficult for even established players to depend on the old ways of marketing their conveyancing services to their customers.
Conveyancing as most of us would be aware is all about ensuring smooth transfer of ownership from one entity to another. There are quite a few processes that are involved and quite a few professionals are a part of it. Hence, it is important to always look for conveyancers who are able to give the best in terms of price, timely services and efficiency in service standards. Towards this objective there is little doubt that the internet has a very big and important role to play. Today’s customers are short on time and therefore look for convenience when it comes to any product or services. Hence, if as a conveyancing company we are able to offer online conveyancing and other such home-delivery facilities it will certainly go a long way in helping the customers. They will find value additions in such services and would even be willing to pay more for it.
Additionally, being present on the internet will certainly help conveyancers to build a more efficient and effective network. It will without any doubt help the service providers to look for new prospects and customers in an efficient and cost effective manner. It will also help strengthen existing relationships apart from building new ones. However, being on the internet cannot be done is a piecemeal manner. One has to go whole hog after it and be aggressive about it whether it is being present on the various social media websites or taking up online memberships with reputed institutions and organizations that have something in common. In fine, there is hardly any doubt that few years from now, a major portion of the conveyancing business will be done online.
October 16, 2014
If you are buying a home for the first time, there is no doubt that there will be quite a few tings running in your mind. It will be mixed feelings. One the one hand the promise of owning a property of your own will be a great feeling. But on the other side the various challenges and difficulties that one could have along the way could be quite frightening for these buyers. while the job of identifying the right property, the right location, the right seller may not be a big task, going through the various legal processes is something that could be quite tough for most of the buyers.
This is because buying a real estate property is not the same as buying any other movable or immovable property. There are a number of legal, administrative, regulatory and compliance related matters that have to be taken into account. There are a number of legal terms and phrases that could simply be a foreign language for most buyers. However it has to be borne in mind that these legal terms are extremely important and avoiding them or ignoring them could cause more problems than solutions.
It is therefore very important to hire the right property conveyancers or property settlement professionals to ensure that the entire process of transfer of property from the seller to the buyer happens smoothly. But it is also equally important that the right professionals are recruited. Here are a few important points that should be kept in mind while recruiting these professionals.
First and foremost when you have to get the property transferred to your name from the seller, you should try and find out whether you can handle the conveyancing easily. If this is not possible, it is important to look for property conveyancers who have the right experience and expertise. They also be certified and possess the right qualification to smoothly handle the entire process of property settlement. They should also be in a position to handle the entire job end to end rather than offering piecemeal solutions.
As a customer you should always look for one stop solution for the entire process of property settlement. There are many who believe in handing over various jobs to various professionals. This is not advisable because it will cause problems and it cold delay and jeopardize the entire conveyancing process. Last but not the least, reasonable pricing is also something that one should bear in mind while looking for these professionals.
September 27, 2014
The ways and means by which property settlement business is being done has changed quite dramatically over the past many years. There are many reasons for the same and changing customer taste sand preferences are one major contributory factor. There is also the need to understand the technology is also playing a big role in redefining many businesses and property settlement business is also no exception. Hence if you are into this business there is a need to understand this change and adapt your business models accordingly. We will try and find out how important it is to understand the power and reach of the internet as far as today’s property settlement business is concerned.
Time is the biggest problem and constraints for hundreds of customers. Almost each and every property settlement customers are either in jobs or are running their own businesses. Hence, they hardly have any time for anything and else. Therefore it would not be possible for them to spend hours at length at the conveyancers’ office trying to sort out various documents and get the process of property ownership moving in the right direction. Given such tight situations, the onus lies on the service providers to provide alternate solutions that would make it possible for the customers to complete the job without those repeated visits to the conveyancers’ office.
Towards this objective using the power and reach of the internet could be a very great idea. Online conveyancing is being talked about but the entire process of automating conveyancing end to end is not so very easy. Hence, small baby steps can be started and then the process could be scaled up as we move along. The simplest and easiest starting point is to make more effective and efficient use of the email communication. Unfortunately, even today many property settlement companies still continue to use the conventional modes of delivering documents using mail and courier services. This has to stop if the process of automating conveyancing has to start in the right earnest.
The next important job is to streamline operations at the back office and to use modern technology for movement of documents from one service provider to another. There is no doubt that conveyancing involves the working together or lawyers, valuers, documentation experts and other such professionals and hence there should be perfect coordination as far as movement of documents and reports are concerned. Here using computer technology can certainly help a lot.
September 18, 2014
Though many of us would like to live the dream of owning a home there are some practical difficulties along the way. Arranging funds for buying that dream home is well and truly a humungous task. Given the tight job and economic situation that we are in, there are quite a few challenges that we could be facing. Paying off huge mortgage monthly is in itself a big challenge for many of us. Further, going though the entire process of property conveyancing is also something that we should keep in mind. Though it does cost a lot of money this is something that cannot be avoided. However the ground realities as far as economic situation are concerned, there is a growing demand for low priced or cheap conveyancing or property settlement. Let us learn more about it over the next few lines.
The best way to lookout for cost effective conveyancing is to make use of the internet. There are a number of dedicated websites where you could lot of information about cheap property settlement companies and individuals. It would be always better to choose small players over big names because they will certainly be more price-competitive. However, you have to be careful about their credentials, goodwill and reputation before signing on the dotted line.
It is always important for you a customer to look for more than one quote. This will help you to compare the quotes and choose the one that is not only cheaper but also provides good value for money. The next important point is to go through the quotes in details and never miss out on the fine print which at times could be misleading and could you cost more than what you had budgeted for. There could be some hidden fees in these fine prints about which you have to be careful.
Ensure that the entire quote from end to end is in writing and nothing is left to chance. Try and avoid ambiguity to the maximum extent possible. If you are not fully informed or have some doubts, do not sign on the dotted line. Ask for clarifications and do not be shy or hesitant about asking questions. You are a customer and have every right to get all the information that you want. It is also important to develop a personal rapport with your property solicitor without which you will not be able to strike the best bargain from him.
August 30, 2014
There is no second thought about the opinion that property settlement is a very important part of the entire property ownership transfer from one entity to another. Apart from identifying the right buyer and seller, going through the entire process of property ownership transfer is a difficult and highly complex matter. The reason why many customers often refuse to employ these professionals is for the simple reason that property settlement is perceived to be very expensive and time consuming. While there could be some truth that some property settlement agents might be charging a bit high for these jobs, the opinion that it is time consuming is again based on myths and not on facts. If the property settlement companies and agents are professional and properly run then the entire process can be completed well on time.
Here are a few important points to be kept in mind by the professionals to make the entire job of property settlement professional, affordable and fast. First and foremost, the property settlement agents must have a hot line of communication always active with the customers. Towards this objective it is important for them to understand the importance of modern day technology like email and the internet. It is very unfortunate that even today a majority of property settlement professionals continue to use the old ways and means of communicating with their customers. They continue to send documents through ordinary post mail instead of using courier and other forms of faster means of document sending and receiving.
Further, quite a few property settlement agents send messages and communications through ordinary postage mails instead of using electronic mails. This is in fact a crime in today’s high tech world and it will certainly delay the entire process of property settlement. Hence, there should be a change in the mental makeup of these professionals and they should move from the past to the present if they are keen on securing their future.
The next important point that could make a difference in hastening the entire process of property settlement is the need to try and offer online uploading of documents by the customer. This will save lot of time. However this requires investment of money by the settlement companies. This can be done in a phased manner and could be first thrown open to a handful of customers and then gradually extended to other customers as days go by and as more experienced is gathered.
August 13, 2014
It is a known fact that when it comes to buying and selling of real estate properties there are a number of important procedures and steps that need to be followed. Unless these steps are followed, it would be virtually very difficult to get the ownerships transferred from one entity to another. The whole processes and steps are quite complicated and only professionals who have the right expertise, experience and wherewithal would be in a position to take care of the same. One has to bear in mind that property conveyancing is not the same as conveyancing of other movable and immovable properties. It is quite complicated and there are many legal, statutory and compliance related issues that have to be taken care of. In spite of conveyancing being so important and mandatory, when it comes to successfully running this business, it is very difficult to say the least. The levels of competitions have increased quite significantly and the way in which customers perceive conveyancing has also started changing quite dramatically. Hence, even those conveyancers who have built successful business are having a complete re look at their business models to be in tune with changing times. Here are a few important facts that should be kept in mind when it comes to being relevant in this business because of changing times, technologies and customer preferences.
There is little doubt that technology is playing a big role in many businesses and conveyancing is no exception. The biggest challenge for modern day customers is time. Hence whether it comes buying real estate property or going through the entire process of conveyancing they would not like to spend too much of time on the same. They would want everything to be delivered at their door steps. They are good users of modern day technology and would therefore expect even service providers to make use of this technology to make life easier for them.
Hence, if you are an ambitious and forward looking conveyancing professional or organization, it is time you understood the importance and significance of online conveyancing. This is something that will change the rules of the game and put you in limelight if you are able to do it. Customers will certainly see a lot of value addition as a conveyancer you will be in a much better position to garner a much bigger share of the market. Further being present in social networking sites like Facebook and Twitter are also thought that you should pay importance to.
July 4, 2014
Running a conveyancing business is not the same as it was a few years ago. On the one hand the level of competitions has increased significantly. On the other hand there is no doubt that the entire philosophy of online business is going through lot of changes. This is happening because of changes in customer buying and selling habits. It is impacting each and every business and conveyancing is no exception. Hence, if you are conveyancer who is keen on improving your business and taking it to higher levels, then you must certainly understand the importance of the internet. Though you might still be running a successful business using the brick and mortar model, it is important for you to realize that the internet is the place where all future action will be taking place.
Today’s customers are also suffering from serious shortage of quality time. Given the tight professional and career schedules, they hardly have any time left to run around the offices of the conveyancing professionals in the bid to get their work done. Under such circumstances, if conveyancing companies take the lead and start offering online conveyancing, it will certainly be a game changer of sorts. It will help the customer to save lot of time and effort and he will be willing to pay the price for it. As far as the conveyancing companies are concerned, it will certainly be very useful for them to bring in new customers and also retain existing ones. It will also redefine the way they are doing the business and will help reduce wastage of time and labor and improve productivity all around.
However, it has to be borne in mind that putting in place online conveyancing is not easy and it requires quite a lot of effort, planning and thinking through of the entire process. The job of replacing the manual work with automated work environment will take time and effort and it has to be done gradually without much of a hurry. However, there is no denying the fact that if you wish to improve your conveyancing business over the next few years, you certainly will have to be aggressively present on the internet. You must also understand the importance of being present in social networking sites like Facebook, Twitter, etc.
June 27, 2014
Technology certainly is playing a big role in each of our lives. There is no doubt that one of the biggest harbingers of change as far as modern day technology is concerned is without doubt the internet. Of late, the mobile phone technology is contributing quite significantly to the way in which people communicate with one another and the way in which they do their business. It applies to almost each and every business and conveyancing is no exception. Though even today most of the conveyancing businesses are done in the brick and mortar environment, it will not be long before more and more service providers turn to the internet for getting their online business into a fast track mode. Let us try and find out why it makes sense for conveyancers to take the help of the internet to further their business prospects.
The biggest advantage with online conveyancing is without doubt convenience. Most of today’s customers without any doubt are hard pressed for time and therefore if we offer them the facility of getting the services of conveyancing delivered at their doorsteps it certainly will be a great value addition to them. Further, from the company’s point of view also there are a number of advantages that one can get by going in for online conveyancing. A lot of unproductive work can be eased out and the precious human resources that are taken off from such mundane work can be put to better use.
Adhering to time lines is another important point that one should keep in mind while going in for conveyancing. When a service provider decides to opt for online conveyancing, it certainly will help him to save a lot of time. Delivering of deadlines which might have been impossible in a brick and mortar environment will now become a reality. It is also pertinent to mention here that competition in increasing in this business by leaps and bounds. Hence if a conveyancer wishes to be successful he has to compete effectively on the price front. This will be very much possible if he gradually decides to move from a manual to automated environment and eventually to an online environment. However, this is not an easy job and it will take time and effort and has to be done in phases over a period of time.
June 19, 2014
Conveyancing is perhaps the most important process to be followed whenever a person or entity decides to buy or sell a property. Unlike purchase of other movable or immovable assets, whenever a real estate property is bought or sold, there a number of legal, statutory and administrative steps that have to be followed. Unless they are followed, it is quite unlikely that the ownership of the property will not take place. Even if it takes places, it will not be fully compliant as per the laws of the land. Further since the entire process of conveyancing is highly complex and complicated, it is quite likely that customers would always prefer to handover the job to third party professionals having experience and expertise in this business.
Now coming back to the importance of the internet, there is no denying the fact that conveyancing business is not the same as it was a few years ago. Competition has increased quite significantly and therefore it is important for conveyancers to find out new ways and means by which they can move their business to a higher level. Towards this objective, there is no doubt that the internet has a very big role to play. Having a website is perhaps the basic minimum pre-requisite for any conveyancing company that is keen on leveraging the strength and reach of the internet.
There are a number of advantages and benefits when a conveyancing company decides to go online. They will be much better placed to offer good value for money to their customers. Further, they will be in a much better position to networking with new prospects and also build stronger relationships with existing customers. If the conveyancers can put together a good website is informative and useful, it will go a long way in bringing in new prospects which over a period of time will fructify into new business.
It would also not be a bad idea if these professionals also find out ways and means by which they can offer online conveyancing facilities to their customers. This will certainly be a big boon to many customers who are hard pressed for time. It will, without any doubt, make these service providers stand tall in a crowd. All said and done there is hardly any doubt that being present on the internet is no longer a choice but a necessity for modern day conveyancing companies.