A Guide To Selling
Getting Everything in Place
What do we do?
First of all we visit your property in order to value it and decide on an asking price with you. We will then prepare details of the house to send out to people who are interested in buying it. These details will include the number and size of the rooms, a floor plan and sometimes the fixtures and fittings which will be left in the house. We also arrange for the property to be advertised in various ways that may include the internet, magazines and newspapers, direct mailings and a for sale board.
We do all of the viewings ourselves.
Deciding who to sell to
You can sell the house to whoever you want and do not have to sell to the buyer who offers the most money. You may wish to take into account whether the buyer:-
- is a first time buyer
- has found a buyer for their own property. If so, is it part of a chain of buying and selling and how long is the chain
- is paying cash or is likely to get a mortgage
- wants to move at the same time as you.
We obtain this information for you and advise you as to who we think the best prospective purchaser will be.
It is unlawful for a seller who uses an estate agent to discriminate against a prospective buyer on grounds of race, sex or disability, either by refusing to sell the property, or by offering it on less favourable terms.
Deciding on the price on which to sell
We will negotiate with the potential buyer(s) about the price. We will try and obtain the best possible price for you.
Preparing your property for sale
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Please speak to us about out HIP and Conveyancing Package to help you move
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AN ENTRANCING ENTRANCE
The Hallway is sure to be the first room any visitor sees, so make it as welcoming as possible. Keep the decor light and simple. Use plants and flowers
to create a fresh scent as well as a homely feel.
BRIGHT THINKING
Sparkling windows, as much natural light as possible and fresh flowers or smart plants will help every room to express its full potential- especially
conservatories.
SPACE
Any room can be made to seem more spacious by removing clutter and repositioning
mirrors to reflect as much light as possible.
KITCHENS AND BATHROOMS
A bright, clean, user-friendly kitchen is truly appetising to most buyers. As is
a bathroom that looks inviting, hygienic and uncluttered.
ENHANCE YOUR MOST ATTRACTIVE FEATURES
If you have a fine fireplace for instance, make it the focus of the room and complement it with a well chosen picture or mirrors. Always remember you are
trying to appeal to the widest possible audience
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MAKE THE MOST OF YOUR GARDEN
A day spent tidying up the garden could save you weeks
of waiting for the buyer.No need to get TV's Ground Force
team in, just mow the lawn, weed the borders and possibly
plant a few neat shrubs.
Accepting the offer
Even if you have accepted an offer, there is nothing in law to prevent you from changing your mind and accepting a higher offer from someone else. You should also bear in mind that when an offer is made and accepted the potential buyer can also withdraw, for example, they may not get a mortgage, or the survey may show up some structural problem.
Choosing who is to do the legal work (conveyancing)
When you have accepted an offer you need to inform whoever is doing the legal work. You could:-
- use a solicitor; or
- use a licensed conveyancer.
Using a solicitor
Most firms of solicitors offer a conveyancing service. Although all solicitors can legally do conveyancing, it is advisable to choose a solicitor who has experience of this work.
Using a licensed conveyancer (England and Wales only)
You can use a licensed conveyancer to do your conveyancing. Licensed conveyancers are not solicitors but are licensed by the Council of Licensed Conveyancers.
If you want to find out if a local conveyancer is licensed you can write to the Council of Licensed Conveyancers.
For futher information visit http://www.conveyancer.org.uk
Finding out how much it will cost
Before making a choice as to who will do the conveyancing, you should find out the probable cost. It is important to contact more than one solicitor or licensed conveyancer as there is no set scale of fees for conveyancing. You should:-
- check whether the figure quoted is a fixed fee or will vary if more work is required
- check that the figure includes expenses and VAT and get a breakdown of these costs
- find out what charges, if any, will be made if the sale falls through before contracts are exchanged.
Home Information pack
As of 15 December 2007, every home put on the market needs a Home Information Pack.
The Pack includes an Energy Performance Certificate, containing avice on how to cut carbon emissions
and fuel bills. Also included are documents such as a sale statement, searches and evidence of title.
This is the first stage of Home Information Packs.
You will need to make sure you have commissioned a pack by the time that you have marketed your
property. For more information visit http://www.homeinformationpacks.gov.uk/consumer."
Exchange of contracts
When contracts are exchanged, and before completion, the buyer may wish to visit the house, for example, to measure up for carpets or to get an estimate for building work. However, you should not allow any work to be done by the buyer before completion.
You should inform the utility companies and phone company that you are leaving and ask for final readings to be made of the meters on completion day. You should also inform the person at the council responsible for council tax. Other useful checks include post-redirection and confirming removals company.
If the buyer is paying a deposit, this will be paid to your solicitor at exchange of contracts. The solicitor will hold this deposit until completion.
Completion
You must arrange to leave the house empty by completion day and to hand over all the keys.
Your solicitor will receive the rest of the purchase price from the buyer and will pass this, together with the deposit, to you.
Information for Sellers
Choosing an estate agent to sell your home or investment
requires careful consideration. Questions to consider are:
How much experience does the team have?
Many companies will send their most experienced team member to value your
property but once you have instructed them as your agent you will then be passed
to the junior members of the team many of whom may only have a few months
experience within estate agency. When dealing with Rochford Stokes you will
always deal with a highly experienced professional who is focused on serving
you.
How well do they know the area?
We love this area & know it inside out. We have 36 years of estate agency
experience. we live locally
with our families. We also have an extensive network of longstanding
professional contacts including solicitors, surveyors & mortgage brokers, which
assist us in progressing transactions smoothly.
Will I deal with the same people from start to finish that fully understand
my situation?
Yes, you will deal with the same dedicated, focussed team from the day you
initially instruct us to the day of completion.
If a problem arises can I have the confidence that my agent can work through it?
Yes. Over the years we have negotiated hundreds of property transactions. You
can rest assured that there is very little that we haven’t dealt with already,
so you know that you are in very safe hands.
Will my agent always remember that they act for ME & keep MY best interests
at heart at all times?
Yes. We NEVER forget that you are entrusting your most valuable asset into our
hands, so we approach every sale as if it were our own. We also never forget
that you pay our bill. Because we are independent we do not answer to bosses who
have ulterior motives behind selling properties, like selling mortgages,
insurance & other financial products.
Will my agent show my property to properly qualified buyers or drag anyone
around who just happened to call them, just to make it look as if they are doing
something to sell my house?
If you want an estate agent that is going to show your property to unqualified
potential purchasers then we are definitely the wrong agent to choose.
It never ceases to amaze us how some estate agents are willing to only ask a prospective
buyer for the briefest of details, before throwing them in their car for a tour
of every property on the agents register that is vaguely in their price range.
They do this without first obtaining a proper understanding of the buyers’
motivation & ability to buy.
We only show properties, to buyers who have been properly qualified. This
includes asking questions about: How they propose to finance the purchase? What
their current situation is? What their motivation is? What they liked & disliked
about other properties that they have seen already? This enables us to develop a
proper understanding of exactly; what it is that they are looking for, how
quickly they want to buy it & how they are going to pay for it? This will save
you a lot of time & inconvenience, not to mention wear & tear on your carpets!
What is the point of showing your property to 50 people if it can be
ascertained, by proper questioning, that 90% would never or could never buy it.
How do we market homes?
We will ensure that we fully understand your requirements & objectives so that
we are able to not only achieve the best possible price for you but also match a
buyer that fits with your timescale. We will then ensure that your property
receives maximum exposure by using a combination of local media & online
advertising, through the main property portals & our own website. Our activities
will also include:
- Preparation of quality, full colour sales particulars with
professionally taken photos & floor plans.
- Email & text message updates to registered qualified buyers
- Telephone contact with registered qualified buyers.
We will also maintain regular contact with you at every stage with updates on
progress & feedback.
Once we agree a sale on your property, wherever appropriate, we will liaise with
all the solicitors, surveyors, mortgage brokers & other estate agents involved
in the transaction to ensure that your sale progresses smoothly.
To arrange a free, no obligation, marketing appraisal of your home give us a call on 0207 622 1180