Selling Your Home
Here's our simple guide to the stages in selling your home, and how Seel & Co can hep take the stress out of the process.
1. Accurate valuation
Your aim should be to sell your property at the best possible price in the shortest possible time.
Our expert members of staff will go through accurate market data and comparables, giving you intimate and unparalleled knowledge of property values in your area. It is essential to get a correct valuation, as a property priced too high (or even too low) can put off potential purchasers.
2. Appointing Seel & Co
When choosing an estate agent, consider opening hours, when they will be available to conduct viewings, their presence and reputation and what kind of marketing your property will receive. These are critical to obtaining the maximum exposure and price for your property.
You should also check if your agent will organise your government-required Energy Performance Certificate on your behalf or if you need to arrange this yourself? Seel & Co can arrange this for you. You need to commission an EPC before your property can be marketed.
3. Presenting (or 'Dressing') Your Property
First impressions count, so the presentation of your property is critical to a successful sale.
Consider completing any DIY jobs you have been meaning to get done, add a fresh coat of paint where necessary and try to declutter to make rooms appear larger.
Seel & Co can advise you about this important part of selling before we take high quality photographs for you. Also remember that bright external shots are essential to maximising levels of interest in your property, so make sure the front approach and, if you have one, the garden look great as well. This is called 'kerb appeal' and can set the mood for the viewing.
4. Marketing your property
To find your perfect buyer you need to give your property maximum exposure across a wide range of media. When you instruct Seel & Co you will automatically benefit from our unrivalled, comprehensive marketing package, including: exposure on our comprehensive website, full colour property details, listing on major portals and advertising in our shop windows.
5. Receiving an offer
As soon as an offer is received, we will notify you both verbally and in writing. Any special conditions of the offer will also be stated in writing and we will check the buyer's ability to proceed before you decide whether to accept the offer.
6. Instructing a solicitor
The successful sale of your property can be reliant on the instruction of an efficient and experienced solicitor. It is a good idea to do some research and make a decision before you put your property on the market as this will help to avoid delays. We can offer recommendations if required.
7. Offer agreed
Once you accept an offer, we will:
a) Prepare a memorandum of sale
b) Write to all parties to confirm the agreed price
c) Ask you to confirm your solicitor's details. 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.
8. Exchange of contracts
Exchange of contracts occurs 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.
Completion is when the residual monies (usually 90%) are 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 will inform us to release the keys.
Congratulations, your property is now sold!