Fixed Fees — Where Expectations Can Differ
Fixed fee conveyancing is often appealing because it creates a sense of certainty at the beginning of the transaction.
That certainty is important, particularly where buyers and sellers are already managing a number of moving parts. At the same time, what clients often realise later is that not all fixed fee structures are the same.
The phrase itself can sound straightforward, however the scope of work included within that fee can differ between matters and between firms.
This is usually where expectations can begin to differ.
Some clients compare quotes only by reference to the figure at the top of the page. Later, as the transaction progresses, further questions arise around searches, certificates, settlement platform fees, disbursements, or tasks that were assumed to be included but were not actually part of the original scope.
That is not always because anything was hidden. More often, it is simply because the distinction between professional fees and third-party costs was not fully clear at the outset.
We have seen this in matters where clients initially chose a lower headline fee, only to later seek clarification on additional costs as the matter moved closer to settlement. In those situations, the uncertainty is not always about price alone. It is also about understanding what level of service sits behind that pricing.
Example from practice: in one South Australian sale matter, it was explained that the majority of the professional fees were payable at settlement, while the Form 1 preparation fee and required out-of-pocket statutory search costs were dealt with at the outset, with an option to defer the Form 1 professional fee to settlement if cash flow was a concern.
From experience, clients usually value clarity more than simplicity of wording.
They want to know not only the likely cost, but what the service actually covers, who is carrying responsibility for the matter, and whether the fee reflects a proper level of review and involvement throughout the process.
That becomes particularly important where the matter involves timing pressure, unexpected issues, or the need to address concerns as they arise.
At JKA & Co Conveyancing, we aim to ensure that fees are explained clearly and that clients understand what is included in the service from the beginning, so expectations remain aligned as the transaction progresses.
That tends to result in a smoother experience and fewer surprises later in the matter.
If you would like a clearer breakdown of what is included, what is deferred, and what out-of-pocket costs may arise along the way, please contact us and we can set it out for you properly.