How much is your property worth?
The first step when you’re looking to move is knowing the value of your property by getting an up to date property valuation. This will give you a guide for selling your home and also valuable information if you’re looking to buy on. We offer free, no obligation valuations and with a wealth of knowledge, experience and an analysis of comparable evidence we guarantee to provide you with the best accurate advice.
Choose your estate agent and solicitor
When choosing your estate agent, you should consider their experience, local insight and track record. Find an agent who sells, not just one who lists. You should consider their ability to effectively and proactively market your property and their reputation for providing exceptional customer service. It is a people business and you should be able to build a good relationship your agent. It may also be a good idea to check if they are affiliated with any professional or regulatory bodies. At Xpert Properties we consider these things to be essential when it comes to selling a property successfully.
Most estate agents are able to recommend a solicitor to use but it may also be worth asking friends and family about their experiences and if they have any they would recommend.
Preparing your property for marketing
Properties should be presented in the best possible way to potential buyers. A fresh lick of paint, steam cleaned carpets and attending to any repairs will greatly improve the chances of an offer. Any clutter should also be tided away, including excess furniture which can make a room look smaller.
At this stage we will send out our professional photographer to do the photography and energy assessor to do the Energy Performance Certificate (EPC) and Floorplan. An EPC is valid for 10 years so you may already have one! In this instance, we can access this and may not need to send the assessor.
Preparing For Viewings
Once your property is on the market, you’ll need to keep on top of cleanliness and clutter every day to ensure the property is always looking its best. Before viewings, take the rubbish out, put fresh towels in the bathroom, make the beds and display fresh flowers. Your home must also smell wonderful but avoid artificial air fresheners instead go for brewing coffee or baking. These are small things which can make the biggest difference to achieving a sale. Helping buyers visualise themselves living at your property is more likely to get you an offer.
It is also useful to give us an insight into life at your property. Is it ideal for entertaining? Are your neighbours friendly? Is it warm and cosy in the winter?
Your agent will take the offer for you and establish the necessary due diligence about the potential purchaser. It is important to consider more than just the amount of the offer, looking at the purchaser’s situation, financial position and timescales and matching these to your own aims and objectives should help you make a decision.
Accepting an offer
Once you have made the decision to accept the offer, your estate agent will put together a memorandum of sale which will be sent to you, your purchaser and both solicitors. This starts the conveyancing process.
If the purchaser is having a mortgage, they will instruct their lender at this point and complete the necessary mortgage application which will generate the valuation with the surveyor. The lender will arrange to value to the property so they can finalise the mortgage offer. A purchaser may also wish to instruct an additional surveyor to carry out either a structural survey or homebuyers report.
Exchange and Completion
Exchange is the point at which the sale of the property becomes legally binding. It is at the exchange where you will receive a preliminary deposit from the buyer. If your buyer was to pull out after exchange you would be able to keep this deposit, however if you were to pull out you would be liable for this.
A fixed completion date is agreed at this point and stated within the contacts. It is on completion that the property is transferred to the new owners and you receive the final monies. You must remove all your belongings and leave the property on this date and allow the purchasers to move in.