Sellers Guide

A Step-by-step guide to help you every step of the way!

This guide is made to help you from the moment you think about selling your property to the moment that the sale has completed.

STEP 1 – ACCURATE VALUATION AND PICK YOUR AGENT

Getting an accurate valuation is the key to selling your property. By pricing your property appropriately and at the best possible price you will be able to sell your property in the shortest period of time. Picking an agent who gives you the highest valuation isn't always the best idea, you should consider the quality of service, quality of information given, the area presence of the agent and your overall comfort zone with the agent as you will be dealing with them for a while and also they will be representing you throughout the sale of your property.

STEP 2 – INSTRUCTING A SOLICITOR

Having an efficient, experienced and a compliant solicitor may be the reason for a smooth and successful sale. It is advised that you do your research regarding who you will choose as your conveyancing solicitor, recommendations are a good way of finding yourself a good solicitor. We work with very competitive and excellent solicitors, if required we can offer recommendations.

STEP 3 – PRESENTING & MARKETING YOUR PROPERTY

Presenting your property in a nice and orderly manor can be the selling point of your property. The first impression of your house may be the last impression, so consider tidying up all the clutter, adding a fresh coat of paint throughout the property, make your kitchen sparkling clean and everything else that you would look for in a house. It is a legal requirement to have an EPC (Energy Performance Certificate) for your property before you are able to market it. Your Estate Agent can organise this for you.

STEP 4 – RECEIVING AN OFFER

When we receive an offer we notify our vendors as soon as possible and let them know of any special conditions that the buyers have suggested. Also before you decide to accept any offers we thoroughly check the buyer's ability to proceed with the sale.

STEP 5 – OFFER ACCEPTED

Once you have accepted an offer, we will then be:
  1. Preparing the memorandum of property for sale
  2. Writing to all parties to confirm the acceptance of the offer at the price that was agreed
  3. Confirming you solicitor details and instructing them to proceed with the sale process
Your solicitor will be sending out a draft contract to the buyer's solicitor who will then be raising the initial queries. Now you will be able to agree on a date for the survey of your property, the exchange of contracts and also suggest a date for the completion.
We advise and liaise on your behalf with all parties and keep you update throughout this process, keeping you well informed.

STEP 6 – EXCHANGE OF CONTRACT

At this stage the following has been confirmed and agreed upon:
  1. Queries raised by either side solicitors
  2. Fixture and fittings included in the sale
  3. The buyer's mortgage offer
Once the contracts have been exchanged it is lawfully binding and you will not be able to pull back from the sale, also the deposit amount of the purchase price is now due via bankers draft or an electronic transfer from the buyer's solicitor to your solicitor's account. Now the completion date is set by mutual agreement of both parties.

STEP 7 – COMPLETION

Congratulations! You have now successfully sold your property. Completion is when the remainder of the monies is transferred from the buyers solicitors account to your solicitors account. Once your solicitor has clear funds they will inform us and we will then release the keys to the new owners of the property.

Maxwell Estates