Arrange a valuation
Before you decide to put your house or flat on the market you will need to arrange a valuation. This will be carried out free of charge and give you an idea of what price you can achieve. Whilst you’re with the Estate Agent, use the opportunity to ask a few questions about them and the current market conditions. This will help you decide which company you want to use to sell your property.
Prepare your property
You should always make sure that your property looks its best. Remove any clutter, and make sure the rooms are clean and tidy. Don’t forget the outside space. The first thing your potential buyer will see is your front garden so make sure it looks as good as it can. First impressions count!
Prepare your documentation
If you are serious about selling you should be ready to go as soon as a buyer is found. You will need an EPC (Energy Performance Certificate), which your Estate Agent can advise you about. You will need to find a solicitor or licensed conveyancer to deal with the legalities of the sale. Don’t wait until the last minute to do this! If you prepare early you will have less stress once a buyer is found.
Showing your property
Your agent will show potential buyers around your property. If you are at home be available to answer any questions, but remember that it is your agent’s job to show your property so leave them to it!
Receiving an offer
If a potential buyer is interested in your property they will make an offer through your agent. It’s not just about the price. Your agent will let you know how the buyer intends to pay for the property, if they already have a mortgage offer, or if they have a property to sell. All of these things will need to be taken into account when deciding to accept an offer.
Once an offer has been accepted, you will need to give your solicitor’s details to the agent. They will contact your solicitor with your buyer’s details. For a smooth sale make sure you answer any of your solicitor’s questions promptly.
Exchange and Completion
Exchange of contracts will take place once both sides’ solicitors have completed their checks, and the buyer has paid a deposit. After this you can no longer withdraw from the sale. The solicitors will set the date for ‘completion’. On the day of completion the property must be vacated and the buyer will pay the balance of funds.
Penny Kenton has been established as an independent Estate Agency in North Finchley for 25years, so we have the experience to guide you through the whole process. We cover all areas surrounding North Finchley N12 including Hendon, Finchley Central, East Finchley, Totteridge & Whetstone, New Barnet, Southgate, and Mill Hill. For more information about our Fixed Sales Fee please give us a call.