What is the Difference Between a Conveyancer and a Settlement Agent?
Understanding the Roles in Property Transactions
When buying or selling property, it’s important to know the difference between a conveyancer and a settlement agent. Both help manage property transactions in Western Australia, but their responsibilities and areas of expertise differ. Choosing the right professional can save you time, reduce stress, and ensure your property settlement goes smoothly.
What is a Conveyancer?
A conveyancer is a licensed professional who specialises in the legal aspects of property transactions. They:
- Prepare and review contracts for buying or selling property
- Conduct property searches and checks
- Handle legal documentation required for settlement
- Provide advice on property law and obligations
Conveyancers are focused on ensuring your legal rights are protected during the transaction.
What is a Settlement Agent?
A settlement agent, also known as a conveyancing settlement agent in WA, manages the administrative side of property settlement. They:
- Coordinate between banks, real estate agents, and other parties
- Organise the transfer of funds at settlement
- Lodge documents with Landgate for property title registration
- Ensure settlement deadlines are met
Settlement agents make sure the practical aspects of settlement run smoothly, even if you’re using a separate conveyancer.
Key Differences at a Glance
| Feature | Conveyancer | Settlement Agent |
|---|---|---|
| Legal advice | ✅ | ❌ |
| Contract preparation | ✅ | ❌ |
| Property searches | ✅ | ❌ |
| Settlement coordination | ❌ | ✅ |
| Fund transfer | ❌ | ✅ |
| Land title registration | ❌ | ✅ |
Which One Do You Need?
In WA, many buyers and sellers use both a conveyancer for legal guidance and a settlement agent to handle the administrative settlement process. Some licensed settlement agents can provide both services, giving you a one-stop solution.
Choosing the right professional depends on your comfort with legal matters, the complexity of the property transaction, and how much time you want to spend managing the process yourself.
Need Help With Your Property Settlement?
Don’t risk costly mistakes or delays. Whether you’re buying or selling property in WA, our experienced settlement agents and conveyancers can guide you through every step.
Contact us today to discuss your property transaction and get a smooth, stress-free settlement.