At Allie Home, we understand the stress and uncertainty that comes with putting your home on the market. That’s why we’ve taken the time to create this comprehensive guide to help potential sellers navigate through the complex world of UK real estate. Whether you’re downsizing, relocating or simply looking for a change, our team of experienced professionals is here to provide you with all the necessary information and tips when it comes to selling your property in the UK. So sit back, relax and let us walk you through this exciting but sometimes challenging journey!
At Allie Home, we recognize the strain and unpredictability associated with listing your home for sale. To alleviate these concerns, we’ve created this guide to assist prospective sellers in maneuvering the intricate UK real estate market.
Whether you’re downsizing, moving locations, or simply looking for a change, our seasoned experts are ready to equip you with all the essential advice and insights to achieve the best price possible for your property. Let us guide you through this thrilling, yet occasionally daunting, adventure!
Step 1: Contemplating the Sale of Your Property
Consider key factors such as the urgency of your sale in comparison to the desired price, and when the property will be available for viewings. If your property is not dressed, the team at Allie Home will be able to assist.
Step 2: Select a Real Estate Agent
Verify the selling track record of potential property agents. Discuss their operational hours, fees, additional expenses (and what they encompass), and any binding period. Reflect on your rapport with them and whether you envision a successful collaboration in selling your home.
Step 3: Schedule a Market Appraisal
Once you’ve chosen your real estate agent, schedule a market appraisal. The agent will share details about their company, properties they’re currently marketing or have successfully sold, marketing strategies, and the clients they work with. Furthermore, gauge your rapport with the agent to ensure a smooth working relationship.
Step 4: Instruct an Agent
After establishing a listing price, it’s essential to submit all required customer due diligence documents, sign off on the Business Terms, and arrange for an Energy Performance Certificate (EPC). Additionally, schedule a date for professional photography and floor plan creation, obtain quotes from solicitors, and coordinate property access for your agent.
Step 5: Marketing the Property and Receiving Offers
Your agent will initiate the property marketing process and carry out property tours with potential buyers. You’ll receive feedback from all viewings, and any offers in writing. When considering these offers, verify whether the buyer has a mortgage in principle or if there’s a property chain involved.
After accepting an offer, everyone involved will receive a Memorandum of Sale confirming the price, fixtures, fittings, and the dates for exchange and completion.
Step 6: Exchange and Completion
Once the buyer’s deposit is paid and the contract is signed, the exchange occurs. We advise contacting removal companies, arranging mail redirection, and updating utilities, Council Tax, electoral roll, bank, and DVLA at this stage. On the agreed completion date, the remainder of the buyer’s payment will be transferred to your solicitor, and the keys will be handed over.
Allie Home is here to guide you through the intricate process of selling a property in the UK, ensuring you secure the best possible price. Contact us today!