A Guide to Selling Your Property

STEP ONE

Considering selling your property

Key questions to consider include: Is a quick sale more important than getting the best price, or are both equally important? When will you be available for viewings? From a buyer’s perspective, assess the property - Is it safe? Could its appearance be enhanced? If it’s unfurnished, should you hire someone to help stage it?

STEP TWO

Choose your property agent

Evaluate each potential property agent’s track record in selling homes in your area. Review their opening hours, fees, and any extra costs, including what those costs cover, as well as any tie-in period. Consider which agent you connect with best and whether you can envision working well with them to successfully sell your home.

STEP THREE

Arrange a market appraisal

After selecting a property agent, schedule a market appraisal. During this meeting, the agent will provide details about their company, showcase similar properties they’ve marketed or sold, and present their marketing strategy and local success. Additionally, take some time to assess how well you’ll be able to work with the agent.

STEP FOUR

Instruct an agent

When appointing an agent, you’ll need to submit CDD documents, sign the Terms of Business, and arrange for an Energy Performance Certificate (EPC). Additionally, schedule a date for photography and floorplans, gather quotes from solicitors, and ensure the agent has access to the property. The agent should also provide feedback after each viewing.

STEP FIVE

Offers

You’ll receive all offers in writing, either by email or post. When reviewing them, check if the buyer has a mortgage in principle and whether they are part of a chain. Once you accept an offer, a Memorandum of Sale will be sent to all parties, outlining the agreed price, fixtures and fittings, as well as the exchange and completion dates.

STEP SIX

Exchange and completion

You’ll receive all offers in writing, either by email or post. When reviewing them, check if the buyer has a mortgage in principle and whether they are part of a chain. Once you accept an offer, a Memorandum of Sale will be sent to all parties, outlining the agreed price, fixtures and fittings, as well as the exchange and completion dates.

Gilbert Stephens LLP
Stephen Heathcote Property Surveying Ltd