The Home Sale Process
- Once you instruct us act as your estate agents we send out one of our representatives to your property in order to produce:
- Professional Wide Angle Photographs
- RICS Compliant Floor plan
- Written Description
- An EPC (if required)
- All this information will be uploaded to our website as well as the websites we advertise on (i.e.Rightmove, FindaProperty, Zoopla etc). It will also be shown in a colour brochure which can be downloaded from our website.
- We will erect a sale board at your property (if requested).
- We will contact property buyers in our database who are interested in properties matching yours. We also use social media, email and telephone calls to market our properties – we don’t just wait for buyers to come to us.
- We arrange all viewings with interested buyers and you will conduct the viewings. We chase up the buyers after viewings to get their feedback and any offers. This will always be communicated back to you and will be recorded for you to view at any time within your personal online account area.
- We will negotiate on your behalf with any interested buyers to agree a sale price that you are happy with.
- Once you accept an offer we will do the following:
- Prepare a memorandum of sale
- Write to all parties to confirm the agreed price
- Ask you to confirm your solicitor’s details (we can recommend one if you’d like)
Your solicitor will send out a draft contract to the buyer’s solicitor who will then carry out preliminary enquiries. At this stage you will also be able to agree on dates for the survey on your property, exchange of contracts and proposed date for completion.We will advise you and negotiate on your behalf throughout this process, keeping you informed every step of the way.There are no legal obligations until contracts are signed.
- Exchange of contracts will then take place when the following have been confirmed and agreed:
- Preliminary enquiries following receipt of draft contract
- Evidence of a good title
- Specific issues highlighted in the Lease, if applicable
- Local search queries
- Fixtures and fittings to be included in the sale
- The buyer’s mortgage offer
Once the contract has been signed by both parties the deposit (usually 10% of the purchase price) will be telegraphically transferred or paid in the form of a banker’s draft by the buyer’s solicitor to your solicitor. The completion date is then set by mutual agreement.
- When completion takes place the remaining money (usually 90% of the purchase price) is transferred from the buyer’s solicitor to your solicitor’s account. Your solicitor will call you when the money has cleared in your account and we will arrange for the new owners to get the keys. Your property is then sold- time to pack those boxes!