Vendors’ Guide

Selling a property can seem daunting at first, as it represents a large investment for the majority of us – both financially and emotionally. However, by starting the process with a series of questions, you can work out how much your property might fetch, and the kinds of buyers it will attract. Remember that knowledge is power!

Here are some things to look into when you decide to sell your property:

  • What are similar properties in the postcode area being sold for?
  • What condition are they in, and how does your property compare?
  • How long do properties stay on the market for on average, and how does this affect their price?
  • How many buyers are currently looking for your type of property?
  • Has your property been valued recently?

Once you have decided to sell and have approached an estate agent, the first step will normally be a valuation – this service is offered free by many estate agents, including Residenza. An experienced agent will visit your property to assess its value, condition and any issues that need to be addressed before it can go on the market. It can be a good idea to get two or three valuations, in order to reach the most accurate potential price possible. Your estate agent will also discuss any other requirements with you, such as the need for a quick sale, house clearance service or advice for finding your next property.

Advertising Your Property:

The next step is marketing your property, and this will be undertaken as quickly as possible in order to secure viewings and hopefully move towards some offers. The estate agent will arrange to have photographs taken that will show your property off at its best. Then, marketing materials will be prepared and your property included in promotional activity. This will normally take the form of online listings on their own websites and other property portals, email and social media promotion and more ‘traditional’ methods, including window displays, newspaper supplements and advertising on local print or broadcast media.

Property Viewings:

The viewings stage can be another tricky area to handle and your estate agent will be on hand to advise on how to show people round your property, or take over this aspect for you if you prefer. They will answer potential buyers’ questions and help with the legal paperwork, including the Energy Performance Certificate (EPC) that all properties require before they can be marketed.

Finally, once an interested viewer (or multiple viewers) put in an offer (or offers) for your property, the estate agent will help you negotiate them and secure the best deal for your property. They can also help recommend a conveyancing solicitor, put you in touch with removals or relocation companies and will remain on hand to ensure a smooth exchange.

For more information, or to book a free, no-obligation valuation appointment, contact us today.

? 0208 672 7979