Selling your property is a big deal, it’s important to ask questions, no matter how many!
In this blog, we have answered some of the most frequently asked questions when it comes to selling your house in the hope to shed some light on the process and make the decision a little bit easier.
The first step to take is to book a market appraisal. We recommend booking in more than one so you can compare the service offered against the fees charged in order to decide what the best option for you is. Remember, it’s important that you have a good trusting relationship with your estate agent and you’re both on the same page in terms of what to expect, after all you’re both working toward the same goal. Next, decide which estate agents suits you best and instruct them to put your property ‘on the market’.
Here, at Tate Rowlands we offer a free, no obligation market appraisal. We have a wealth of local knowledge and can give a clear understanding of the current market and where your property would fit within. For more information, drop us an email ([email protected]).
Estate Agency fees can vary based on the service that’s offered, but it’s something that’s discussed on the market appraisal. It’s important to bare in mind the other costs that you will face throughout the process such as solicitors, mortgage redemption and any removal assistance. A good estate agent will be able to give you an average of all the potential costs involved in selling your property.
Choosing an estate agents that’s local to your property to carry out a market appraisal is always best. Make sure you do your research first by checking out any reviews left on Google or social media platforms such as Facebook. Don’t forget – we can carry out that market appraisal! Another way that you can gage an idea is by searching for similar houses in the same area on Rightmove.
Although it’s not a legal requirement, it’s unusual not to and we highly recommend that you do. The legalities involved with selling your property are very complex and its much safer to have a solicitor deal with it for you to avoid any potential confusion or risks/issues.
An exchange date is when the contracts have been exchanged by both solicitors involved, at this point the sale is legally binding and the completion date is set in stone.
A completion date is basically when the sale completes. Meaning all sale money has been paid to your solicitor (who then sends it to you after covering fees such as estate agents etc) and your keys are handed to the buyer.
If you still have a question about selling your property, please do get in touch with us.