There are several key things to consider when selling your property. We’ve put together a list below to guide you through the process:
Your aim should be to sell your property at the best possible price in the shortest time. Here at Mark Youll we carry out many valuations every month, giving us unparalleled knowledge of local property values.
PRESENTING YOUR PROPERTY
First impressions really do count so consider any DIY jobs you have been putting off. Touch up chipped woodwork and apply a fresh coat of paint where necessary to make the property look good. Try to de-personalise and de-clutter your rooms to make them appear larger and allow the buyer to imagine their own belongings in them. A well-kept garden, pathway and fence will make a good first impression.
MARKETING YOUR PROPERTY
You need to give your property maximum exposure across a wide range of media. When you instruct Mark Youll to sell your property you will benefit from our innovative marketing strategies, including exposure not only on our website but also full colour property details with floor plans and promotion of your property on all major property portals – Rightmove, Prime Location, Zoopla to name but a few.
RECEIVING AN OFFER
As soon as an offer is received on your property, 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.
Once you accept an offer, we will do the following:
- Ask you to confirm your solicitor’s details
- Prepare a Memorandum of sale
We will advise you and negotiate on your behalf throughout this process, keeping you informed each and every step of the way.
Exchange of contracts occurs when the following have been confirmed and
- Preliminary enquiries following receipt of the draft contract
- Evidence of a good Title
- Local search queries
- Specific issues highlighted in the Lease, if applicable
- Fixtures and fittings to be included in the sale
- The buyer’s mortgage offer
Once both parties have signed the contract, the deposit (usually 10% of the purchase price) will be telegraphically transferred or paid in the form of a banker’s draft.
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. If you would like us to make a recommendation, please ask.
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 then inform us to release the keys. Congratulations, you’ve now sold your property!