Prestige Services
Settlement Agent Services in Western Australia
Prestige Settlements manages every stage of the settlement process, stepping in as soon as the offer has been accepted to guide you through to completion.
Whether it’s your first family home or a commercial investment, our conveyancing expertise covers a wide range of property transactions, with every detail managed to the highest level of care you’d expect from the Prestige Settlements team.
To help get your settlement journey started, download our Buyer and Seller Guides, designed to help you understand your settlement. With important links and helpful hints, you’ll feel informed from the very beginning.
Download Buyer Guide
Download Seller Guide
Comprehensive settlement support
As an experienced settlement agent in Perth, we provide end-to-end support across all types of property transactions. Our conveyancing services help to make the process smooth and simple from start to finish.
- Residential settlements
- Commercial settlements
- Vacant Land settlements
- Subdivision settlements
- Title Transfer
- Private Sales
If you’re buying, selling or transferring property, our team is always happy to discuss your individual requirements so you receive the right service for your specific transaction.
Detail-focused conveyancing expertise
Successful settlements rely on careful management of the details. Our extensive knowledge and understanding of the Western Australian property market gives us a meticulous eye for those details, proactively managing issues and keeping your settlement on track.
We manage key settlement components including:
- Title searches and verification
- Contract reviews
- First home owner assistance in WA
- Transfer of land documentation
- Stamp duty requirements
- Bank and Lender coordination
- Communication with real estate agents and brokers
Every detail is handled with care so you can feel confident in a successful settlement.
The Prestige Process
The settlement process in Western Australia may be standard, but that doesn’t mean our service is.
At Prestige Settlements, our team of specialised settlement agents focus on the individual requirements of your journey. Whether you’re buying or selling, there are several moving parts to the settlement process that need to be co-ordinated for a successful outcome.
The Prestige Process is built on clear communication, frequent updates, and meticulous attention to detail, delivering a service you can trust. While every settlement journey is different, this is an overview of what you can expect during your settlement.
OFFER ACCEPTED
- Buyer and seller agree on price and conditions.
- Contract of Sale is signed by both parties.
- Buyer pays the deposit to the selling agent.
APPOINT YOUR SETTLEMENT AGENT / CONVEYANCER
- Buyer (and seller) each appoint a licensed settlement agent or conveyancer.
- Authority to Act form is completed.
- Conveyancer begins reviewing the contract and title documents.
- The contract of sale is lodged with the Office of State Revenue by the due date to avoid penalties.
SPECIAL CONDITIONS
- Settlement agent checks the Certificate of Title, encumbrances, caveats, rates and land tax.
- Ensures there are no issues affecting ownership transfer.
- Any special conditions (eg. Building inspection, pest inspections) are satisfied and dates met.
- We wait for finance to be approved within the contractual date.
PROCEEDING TO SETTLEMENT – TITLE SEARCHES AND PROPERTY CHECKS
- Any special conditions (e.g. building inspection, pest inspection) are satisfied or negotiated.
- We liaise with the banks involved with settlement.
- Seller & buyer should ensure all documents have been sent to their banks as per agents instructions.
- Sellers should complete their ATO Clearance certificate requests.
- Buyer and seller need to complete verification of identity. This is sent to you via text message from an outsourced provider. This is not a scam.
RATES, ADJUSTMENTS & UTILITIES
- Settlement agent prepares the Transfer of Land and related documents.
- Buyer and seller sign documents.
- Documents are verified and sent to the lender for stamping and readiness.
- It is the seller's responsibility to cancel utility services after final inspection has taken place.
- Sellers cancel any direct debits set up for the payment of water and shire rates.
FUNDS FOR SETTLEMENT
- Sellers will be contacted the day before settlement to verify bank details prior to settlement.
- Buyers need to check they have given their lender authority to draw down on a nominated bank account and ensure any funds being used to contribute towards settlement have been transferred to this account prior to settlement.
- PLEASE NOTE: Never transfer funds based on an email. Our office will never email trust details in the body of an email. Please always call the office to confirm trust details.
FINAL SETTLEMENT
- Settlement agent notifies the Water Corporation and local council of the change in ownership.
- Buyer and seller receive confirmation that settlement is complete.
- Title records are updated by Landgate.
- Settlement agents don't handle the hand over of the keys. Please contact the real estate agent to organise key exchange.
Frequently Asked Questions
How much does a settlement agent charge in Perth?
Settlement agent fees in Perth and across WA can vary significantly. When you compare quotes from different agencies, consider the level of service they’ll provide and decide if that’s what you need or not.
Your best interests are our priority which is why we don’t provide instant quotes. By making sure we fully understand your needs as well as the needs of the transaction, our fees are tailored to your specific situation to get the outcome you want.
How do you protect against real estate fraud or scams?
Real estate fraud and cyber-scams are a very real threat which we take very seriously. Our security processes include:
- Identity checks and verifications that the buyer or seller are genuine people.
- Comprehensive land title searches to confirm all legal claims to the property involved in the transaction.
- Encrypted platforms such as PEXA and Docu-Sign to guarantee the security of your documents.
You can verify our Real Estate Settlement Agent Licence via the WA Government’s Online Licence Search website.
We are always happy to take your call if you need to check any details or allay any hesitations you may have. We welcome anyone to visit us in our offices, or if that’s not possible, we can arrange a video chat so you can meet the person behind the settlement.
CYBER BEWARE!! Settlement agents are targeted by internet scammers. DO NOT act on ANY email from our office asking you to transfer funds into an account. Internet Scammers will forge emails and copy our email signature so even if it looks authentic we will NEVER ask you to transfer funds with account details in the body of an email.