This article is for general information purposes only and reflects the state of information at the time of publication. It is not legal or financial advice. Always seek professional advice tailored to your specific circumstances before making decisions.
Buying or selling a home is meant to be exciting. But here’s the unvarnished truth: The property journey is less like a charming home makeover show and more like a high-stakes legal transaction.
Luckily, avoiding the most common mistakes can save you stress, time, and literally tens of thousands of dollars. Based on insider knowledge, here are three major mistakes savvy Aussies skip right over:
#1. For Sellers: Calling the Agent Before Your Conveyancer
Sounds logical, right? but it’s often an expensive mistake to make. Why?
Agents deal with marketing; your conveyancer handles the law—the legal engine of your sale.
When a buyer wants to make a strong offer, the contract needs to be ready immediately.
Buyers are less likely to “play games” or lowball if they see you have a complete, compliant contract on Day One. Being prepared sends a clear message: “This seller is serious, confident, and ready”.
And by calling your conveyancer first, you can uncover and deal with any issues before you go to market
The Takeaway: Start strong. Contact your conveyancer before you speak to an agent, so you are legally clean, organised, and ready to sign a deal at full speed.
#2. For Buyers: Relying on the Agent’s Promises
Real estate agents are professional and friendly, but their loyalty lies with their client,
the seller.
Their job is to get the highest price in the shortest time.
Verbal Promises Mean Nothing: Buyers often hear things like, “The hot water system will be replaced,” or “You can pay a 5% deposit”. But unless it is negotiated and written into the contract before you sign, those promises carry no legal weight.
The Takeaway: The contract is your shield. If it’s not in the legally binding rulebook, it doesn’t exist. Only your conveyancer is there purely to protect you.
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#3. For Everyone: Ignoring Unapproved Works
When you buy or sell a property, you’re legally responsible for everything on that property.
If Council records show work carried out that was never approved, you can receive a letter demanding you either lodge retrospective development approval (DA) or remove the structure.
The Takeaway: Property due diligence is not optional. It’s essential to check that every addition has the required DA and occupation certificates.
