Myth"The seller has a legal right to appoint the transferring conveyancer."
FactThere is no automatic legal right that gives a seller the power to appoint the transferring conveyancer. In most property transactions, the seller's appointment power exists because it is written into the Offer to Purchase. It is a contractual right, not a legal right. Like many other clauses in an agreement, this clause can be negotiated, amended, accepted, or rejected by the parties.
Myth"It's the seller's property, so only the seller should choose the conveyancer."
FactThe property may belong to the seller before transfer, but the transfer process affects both parties. The buyer is typically responsible for paying the transfer fees and becomes the future owner of the property. Both buyer and seller have an interest in ensuring that the transfer is handled efficiently, professionally, and transparently.
Myth"The transferring conveyancer acts for the seller."
FactThe transferring conveyancer does not act exclusively for the seller. Their responsibility is to give effect to the terms of the sale agreement and manage the transfer process objectively and professionally. They are officers of the court and are required to act ethically and in accordance with the law.
Myth"The transferring conveyancer acts for the buyer."
FactThe transferring conveyancer does not act exclusively for the buyer either. Their role is not to favour either party but to facilitate the transfer according to the rights and obligations contained in the sale agreement.
Myth"Using BidConvey means the buyer appoints the conveyancer."
FactBidConvey does not replace seller control with buyer control. BidConvey creates a shared appointment process where both buyer and seller participate in selecting the transferring conveyancer.
Myth"BidConvey is only about finding the cheapest conveyancer."
FactBidConvey is about value, not simply price. Price is one factor, but service levels, communication, responsiveness, technology, experience, and professionalism are also important considerations. A lower fee does not always represent better value.
Myth"All conveyancers charge exactly the same fees."
FactTransfer fees can differ between conveyancing firms. While many fees are regulated or fixed by third parties, professional fees and service offerings can vary from one firm to another. This is why comparison and transparency are important.
Myth"The buyer has no reason to care who the conveyancer is."
FactThe transferring conveyancer manages one of the most important legal processes in the property transaction. Communication, efficiency, responsiveness, and service quality can significantly affect a buyer's experience.
Myth"Allowing buyers to participate will slow down the transaction."
FactBidConvey's selection process is designed to be completed quickly and efficiently. A short appointment process at the beginning of the transaction can provide greater transparency and confidence throughout the transfer.
Myth"Estate agents will lose their role if BidConvey is used."
FactEstate agents remain a critical part of the property transaction. BidConvey only changes how the transferring conveyancer is selected. It does not replace the role of estate agents.
Myth"A buyer cannot negotiate the conveyancer appointment clause."
FactAlmost every clause in an Offer to Purchase can be negotiated before acceptance. The conveyancer nomination clause is no different. A buyer can propose amendments, and a seller can accept or reject them.
Myth"The traditional appointment process is the only way property transfers can work."
FactProperty transfers can be completed successfully under many different appointment models. Around the world, different jurisdictions use different approaches to appointing legal professionals involved in property transactions. The important consideration is that the process is agreed to by the parties and complies with the law.
Myth"If buyers participate, conveyancing quality will decrease."
FactBidConvey is designed to promote both quality and competition. The process encourages conveyancers to compete on service, value, responsiveness, and professionalism rather than relying solely on existing instruction channels.
Myth"BidConvey is anti-seller."
FactBidConvey is not anti-seller and not pro-buyer. It is pro-inclusion. The platform is designed to give both parties a meaningful role in selecting the conveyancer who will manage the transfer.
Myth"BidConvey removes the seller from the decision."
FactThe seller remains an important part of the appointment process. Under the BidConvey model, the seller receives the first qualifying submissions and shortlists the conveyancers before the buyer makes a final selection from that shortlist.
Myth"If the buyer pays transfer fees, they should have complete control."
FactProperty transfers involve both buyer and seller. BidConvey does not seek to give complete control to either party. Instead, it creates a balanced process that allows both parties to participate.
Myth"Conveyancer appointments should be based on relationships."
FactProfessional appointments should ideally be based on value, service, capability, trust, and suitability. BidConvey provides a structured process that helps buyers and sellers make informed decisions based on objective information.
Myth"BidConvey is trying to change conveyancing."
FactBidConvey is not changing the conveyancing process. The transfer process remains exactly the same. BidConvey simply changes how the transferring conveyancer is selected.
Myth"The current system is already fair."
FactFairness is often a matter of perspective. BidConvey was created because many buyers feel excluded from a decision that directly affects them and for which they usually pay. The platform provides an alternative model that promotes participation, transparency, and choice.
Myth"BidConvey is about taking rights away."
FactBidConvey is about creating inclusion. It does not remove a seller's ability to participate. It simply creates a process that allows both buyer and seller to have a voice in the appointment of the transferring conveyancer.