Location - There are a few things you should consider when it comes to choosing the right location, they include: school catchment areas, length of work commute, proximity to local amenities etc.
Finances - Make sure moving is financially viable Speak to a financial advisor to ensure you are in a position to sell.
Mortgage - Have a mortgage in principle in place if required.
Research – Always research local estate agents to help you and arrange a valuation of your current property.
Now you have worked through those initial steps and made the decision to sell your home, the first thing you need to do is get your home valued.
We recommend you get 2 or 3 valuations . It goes without saying that the value will be your main priority, there are other things to consider when choosing the right agent to market your property.
These can Include: fees, what you pay in various fees will impact how much you have for your onward purchase. Relationship – this is very important! The agent you choose will be overseeing one the biggest decisions you have made, and you need to be confident in the following:
Once you have decided on the agent you want to use, the next step will be getting your house ready for marketing.
Here is our 4 step guide to marketing your property.
Photos /videos – always make sure your home is clean and tidy ready for photos. Here at Philip Ellis we can offer professional photography, 3D tours, teaser videos for social media and much more.
Description – it is really important that the description reflects the images, you want to draw people into your home, before they have even stepped foot into it. This is why Philip Ellis make sure we don’t use typical generic descriptions, but specifically tailor it to your house.
Going online - we will make sure that it is on every portal from Rightmove and Zoopla to all social media platforms. On top of this we do direct marketing using leaflet drops to homes within your area.
Viewings – all viewings will be accompanied by a member of staff and feedback passed on as soon as possible, and we will remain in regular contact throughout.
Once an offer has been put forward it is the responsibility of your estate agent to agree the best possible price for your home.
You are ultimately in charge and have the right to refuse or accept any offer put forward.
From our side, we will only formally accept an offer on your behalf once we are in receipt of proof of funds either via a mortgage in principle or a copy of a bank statement if a cash buy.
When you buy and sell your home, it goes without saying that there is a good chance it will involve a chain. The length of the chain can vary from one sale to another.
However there is no need to panic, we will ensure that we stay in touch and keep on track of every part of the chain to make this as simple as possible for you.
Mortgages
For most people in order to move they will need a mortgage in place. We would always recommend speaking to a mortgage advisor before you market your home, to make sure you’re able to move. We have a fantastic mortgage advisor who we always recommend.
Surveys
Mortgages tie in with surveys as all lenders will send in a surveyor to check the property you’re buying is worth the agreed price.
If you’re a cash purchaser then we highly recommend you pay for a full survey to be done, again we have companies that we can recommend.
Selling and buying property involves a lot more than marketing your home and checking you have the money to move.
Once you have accepted an offer, you will require a solicitor/conveyancer to deal with all the legal paperwork required when selling/buying property.
It goes without saying that Philip Ellis will liaise with all parties to ensure that every part of the process is working in an efficient and timely manner and you are kept fully updated.
Exchange
Exchange is the point of no return. Once contracts have been exchanged neither party can pull out of the sale. At this point you will have set your completion date.
Completion
You can set a completion date that is workable for everyone involved. Some people exchange and complete on the same day, whereas we have come across sales where completion has taken place a month after exchange.
Once the buyers funds have been received by the vendor’s solicitors, the sale is officially complete and your estate agent can release keys to the new owners.
