| Click on each link for further information.
1 Market Appraisal
The first step in the process is to arrange for an estate agent to visit
your property and to advise you about how to market the property in a
way that will achieve the best price for you within the timescale that
you require. Click
here or call us on 01795 429836 to arrange an appointment.
2 Marketing
Once you are happy with the advice that you have been given and you are
ready to proceed we will make the property fully available to all of the
purchasers already registered with us and commence advertising. We will
prepare sales particulars and send them to you for approval. We will also
upload the details of the property to this website as well as the following
sites:
www.rightmove.co.uk
www.home-sale.co.uk
www.fish4homes.co.uk
www.homesonview.co.uk
3 Legal
We recommend that you instruct a solicitor at the earliest possible opportunity.
In so doing the sale should progress much more quickly once a buyer has
been found. Please click here
for information about local solicitors. Many firms are now working on
a “No Sale No Fee” basis and there is no reason, therefore,
not to involve a solicitor at the outset. At this point all necessary
paperwork can be assembled and this will include guarantees, permissions
and building regulation approvals for any work that has been carried out.
This paperwork will be required later and if there is anything missing
it is better to find out about it sooner rather than later.
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4 Viewings
Handling viewings properly is essential if an early sale is to be achieved.
The property should be prepared so as to create the best impression for
the buyer. Put yourself in the buyer’s shoes and ask yourself: Does
the house look tidy? Does it look spacious? Does it look like there is
much work required? Are the vendors serious about moving? The right answers
to these questions will make the property easier to sell. We are trained
and experienced in carrying out viewings and are happy to handle all appointments
for the vendor In fact this can often result in a reduced number of viewings
being required in order to sell the property.
5 Offers
When offers are made we will research the buyer’s position and discuss
with you the details of the offer. We strongly recommend that you do not
discuss an offer with a buyer until we have been able to fully research
the buyer’s position. We will be able to advise you about the buyer’s
financial position and the length of any chain. You will receive notification
of each and every offer in writing from us.
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6 Legal Process
Once you have accepted an offer we will agree with you and the buyer provisional
dates for exchange of contracts and completion. These dates will not be
fixed and will be subject to any other member of the chain progressing
at the same pace. Your solicitors will prepare draft contracts and send
them to the buyer’s solicitor who will study the papers, raise further
enquires and apply for a Local Search.
7 Contract Approval
When the buyer’s solicitor has made all the necessary enquiries
a report will be made to the buyers with contracts for signature.
8 Exchange of Contracts
When completion dates have been agreed with everyone involved in the chain
(if there is one) the solicitors will contact each other to affect an
exchange of contracts at which time the sale is formalised. The buyer
will be required to pay a deposit, usually 10% of the sale price.
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9 Completion Day
On the day of completion the first solicitor in the chain will instruct
his bank to transfer the amount required to complete the purchase to the
bank for the next solicitor. In turn that solicitor will instruct his
bank to send money on to the next bank when it has arrived. This can be
a tardy process but on average it is all completed by lunchtime on the
day of completion. If we are holding keys for the property we will be
able to release them when we have been notified by the vendor’s
solicitor that they have received all of the monies required to complete
the purchase. If we are to hand over keys to the buyer it is best to give
us in advance as many keys as are required to open the front door. Leave
the remainder in the property, thus avoiding the need to visit our office
on the day of completion.
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