Choosing an Agent to sell your property is a big decision and you should consider many different factors when making your choice
How experienced is the Consultant that will be looking after you and your property? Where do they advertise? How up-to-date is their website? Are they on the right property websites? These are all fairly obvious questions but what about the less obvious? Do they present you property with quality photographs? Do they give good information about the area in which your property is situated guiding potential buyers to schools, transport links, shopping and recreational amenities? Do they produce full colour detailed floor-plans of your property? At Spencer Munson we pride ourselves on not just doing the obvious but taking care of the finer details too. We are licenced and regulated by the National Association of Estate Agents and our sales are personally managed by Mark Deudney who has been selling property in the local area since 1987 and he will guide you through the whole process from valuation to completion helping you achieve the best price and avoid pitfalls along the way.
Here is a simple step-by-step guide to selling your property:
It is vital that the initial valuation is accurate and current and is given with background research to justify the appraisal. Make sure you feel comfortable with the Agent and don’t necessarily just go with the highest valuation. Ask for evidence and justification of both the price and knowledge of the local area and market history.
Appoint a legal representative
The successful sale of your property will involve a Solicitor or Conveyancer. We can put you in touch with experienced local conveyancers and solicitors who we believe will offer you a good service and from whom we never receive a commission or referral fee as we just want you to have the best chance of a successful transaction.
This is the time to think about how your property will look and appeal to potential buyers. Needless to say, a good tidy up will always help and you should endeavour to maximise natural light throughout. We will then take photographs and commence marketing.
Attracting a buyer can be achieved in a number of ways. In our experience a quality and eye-catching advertisement on the main property portals such as Rightmove and On the Market, Facebook along with our own website, using Google “click-words” plus the traditional marketing using window advertising in our High Road offices in conjunction with emailing and talking to our database of potential buyers provides an ideal mix. Talking to buyers is still key when it comes to matching people to property.
These can be conducted in a number of ways. Some clients like to undertake them themselves, others prefer for their Agent to show buyers around. Sometimes it can be best to have an ‘open-day’ or block viewings which have proven to be very successful in the right circumstances. Your Consultant will help guide and advise you through all the available options.
Agreeing a sale
All offers will be communicated to you both verbally and in writing. Once you are happy with the price agreed we will prepare a Memorandum of Sale which is then sent to all parties and their legal representatives
Your Solicitor will now start the legal process of selling your property. This will include dealing with enquiries raised by the buyer’s Solicitor, dealing with the Land Registry and confirming full details of any fixtures and fittings included in the sale.
Exchange and completion
Once the legal process is complete, your Solicitor will arrange exchange of contracts. A deposit (usually 10%) is paid by the buyer and at this point they are legally obliged to purchase the property. A date is agreed for completion to take place. On the day of completion the rest of the money is transferred to your Solicitor and your property is now sold!