Information For SellersPREPARING YOUR PROPERTY FOR SALE
Our team can advise on how to present your property to maximise its attractiveness to proposed purchasers. Paint walls a neutral colour, clear clutter from the house, add flowers and plants to the property. If the kitchen is looking dated or tired, re-painting, varnishing or replacing the cabinet doors will be cheaper than replacing the whole kitchen and it might not be to the new purchasers’ tastes.
VALUING YOUR PROPERTY
Our experienced valuer will visit the property and prepare a free market valuation. We look at similar marketed and sold properties in your area. We do not always go for the highest price but remain realistic, taking into account the current market and similar sold properties in your area. We consider the figure you have in mind and your timescale, so that we can set a price that you are happy with before we begin marketing your property.
ADVERTISING YOUR PROPERTY
You will be sent the draft property details and pictures for your approval before we upload the advert to our website and the Rightmove and Zoopla sites. We immediately email details of your property to buyers registered on our database.
We attend all viewings and give you feedback on every viewing, whatever the outcome.
If an offer is made, we will establish how the prospective buyer intends to finance the purchase and also consider their timetable to complete the transaction. This will enable you to make an informed decision as to whether or not to accept the offer.
Cash buyers are best but most purchasers will need a mortgage or have to sell their current property to finance the sale.
- By mortgage. If they are getting a loan, we ask for proof they have a mortgage offer in principle.
- By the sale of their current property. We will clarify if their property is already under offer, and if it is, we will check the length of the chain with the agent conducting their sale.
- We will then give you a report with our comments so you can make an informed decision as to which offer you should chose.
We will agree a projected exchange and completion date to work towards. This will take into account your personal circumstances. We send to the purchaser’s solicitor the Memorandum of Sale and supporting documents. Our legal team will prepare the sales pack and get this off to the purchaser’s solicitor’s promptly. Acceptance will not create a legally binding agreement until contracts are exchanged.SALES PROGRESSION
Our team is very pro-active in keeping in touch with the purchaser and their solicitor to get updates. Our Legal and Estate Agency teams work closely together to make sure the transaction progresses as quickly and smoothly as possible.
Your purchasers' lender will want to carry out a survey of the property. The survey may raise issues that are of concern to the purchaser. We are here to assist you whether it is entering into further negotiations with the purchaser about the price or obtaining reports regarding any concerns the survey has mentioned. Our teams will do their best to keep the sale on track.EXCHANGE/COMPLETION
Once all the enquiries raised are answered and the purchasers' solicitor is happy to proceed, a date for exchange will be agreed. A legally binding contract will exist when you exchange contracts.
Completion of the sale usually occurs with 2-4 weeks of exchange of contracts, but sometimes it can also take place on the same day as contracts are exchanged. On the day of completion, the keys to your home will be released to the purchaser once the sale proceeds have cleared.