π‘ Who Are the Parties Involved in Purchasing a Property?
π‘ Who Are the Parties Involved in Purchasing a Property?
Buying a property is an exciting milestone — but let’s be real, it can also feel a bit overwhelming at first. With so many moving parts (and people!), it helps to know who’s who in the process and what role they each play in helping you reach the finish line. Let’s break it down.
π§πΌ 2. The Real Estate Agent
That’s us! We work on behalf of the seller, but we’re also here to guide buyers through the process with clear communication, transparency and support. We’ll help you:
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Book inspections and answer questions
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Submit offers and negotiate terms
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Understand the next steps after signing the contract
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Liaise with everyone involved to keep things moving
We want your experience to be a great one — no surprises, no stress.
π§Ύ 3. The Seller
Also known as the vendor, the seller is the current owner of the property. They’re usually focused on getting the best outcome for their sale — but with the right team in place, we aim for a win-win result for both parties.
πΌ 4. Your Mortgage Broker or Lender
If you’re buying with finance, you’ll need either a mortgage broker (who helps you shop around) or a direct bank/lender. Their job?
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Help you get pre-approved
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Finalise your home loan
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Provide funds for settlement
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Answer all your finance-related questions
Pro tip: get pre-approval before you start house hunting — it makes everything smoother!
π 5. Your Solicitor or Conveyancer
This is your legal expert, and they’re an essential part of the team. They’ll:
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Review and explain your contract
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Order searches and check legal details
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Liaise with the seller’s legal rep
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Arrange settlement and transfer of ownership
They’re your legal safety net — and we highly recommend choosing someone experienced in property.
π§° 6. Building & Pest Inspectors
If your contract is subject to building and pest, these are the pros who check the property’s structure and identify any issues (like termites or water damage). It’s a crucial step — and gives you peace of mind before committing.
π€ We’re With You All the Way
At @ Real Estate, we know buying a property is a team effort — and we’re here to make sure your team is solid, your questions are answered and your journey to homeownership is as stress-free as possible. Got questions? Let’s chat.
Ready When You Are
@ Real Estate π