The All-You-Need-To-Know
Home Seller Guide
What happens first?
Your first step to a successful sale is booking your FREE, No-Obligation property valuation with one of our
experienced valuers.
Our exceptional knowledge of the local property market ensures that we provide you with an honest, accurate
and achievable market value. Setting the right asking price will help you sell your property in the right timescale
for your goals. Too high and you may be stuck in the market for too long. Too low and you will sell too quickly
and could miss out financially.
To help you achieve your goal price or above, we can offer hints and tips on preparing your property for market
and advice you on how to make your property more appealing to buyers. An accurate market appraisal will also
help you plan your next home and make it easier for you to organize your finances and arrange your next
mortgage ‘in principle’ if required.
After you read this Home Seller Guide, please call us on 020 3475 3474 or complete the property valuation request form.
When choosing an estate agent, consider their opening hours, when they will be available to conduct
viewings, their high street presence and what kind of marketing your property will receive. These are critical
to obtaining the maximum exposure and price for your property.
The successful sale of your property can be reliant on the instruction of an efficient and experienced solicitor. It is
a good idea to do some research and make a decision before you put your property on the market as this will
help to avoid delays.
Conveyan, one of the capital’s leading conveyancing specialists, gives you access to one of the largest panels of
property solicitors specializing in the London and Home Counties market. Their solicitors have all been hand-
picked for their expertise, speed, and efficiency.
First impressions count, making the presentation of your property critical to a successful sale.
Consider addressing any DIY jobs you have been meaning to get done, add a fresh coat of paint where necessary and try to declutter to make rooms appear larger.
Cityhomes team of dedicated professional’s; Photographers will then take photographs, produce floorplans and write comprehensive property descriptions, all in just one visit.
To find your perfect buyer you need to give your property maximum exposure to a wide range of media.
When you instruct Cityhomes to sell your property you will automatically benefit from our unrivaled, comprehensive marketing package, including exposure on our website, all major portals, full-color property details, and email alerts.
Our longer opening hours are essential to maximise viewing opportunities for your property – in fact 68% of our
viewings are carried out after work and on weekends. Accompanied viewings also mean we can use our expertise
to help sell your property.
As soon as an offer is received we will notify you both verbally and in writing.
Any special conditions of the offer will also be stated in writing and we will check the buyer’s ability to proceed before you decide whether to accept the offer.
Once you accept an offer we will do the following:
- Prepare a memorandum of sale
- Write to all parties to confirm the agreed price
- Ask you to confirm your solicitor’s details
Your solicitor will send out a draft contract to the buyer’s solicitor who will then carry out preliminary inquiries. At this stage, you will also be able to agree on dates for the survey on your property, exchange of contracts and the proposed date for completion.
We will advise you and negotiate on your behalf throughout this process, keeping you informed every step of the way.
There are no legal obligations until contracts are signed.
Exchange of contracts occurs when the following have been confirmed and agreed:
- Preliminary inquiries following receipt of draft contract
- Evidence of a good title
- Specific issues highlighted in the Lease, if applicable
- Local search queries
- Fixtures and fittings to be included in the sale
- The buyer’s mortgage offer
Once the contract has been signed by both parties the deposit (usually 10% of the purchase price) will be telegraphically transferred or paid in the form of a banker’s draft by the buyer’s solicitor to your solicitor. The completion date is then set by mutual agreement.
Completion is when the residual monies (usually 90%) are transferred from the buyer’s solicitor to your solicitor’s account.
Your solicitor will call you when the money has cleared in your account and will inform us to release the keys.
Congratulations, your property is now sold!
Please note: This Home Seller Guide is not exhaustive and should only be taken as recommendations and not legal advice. Please talk to our Estate Agents if you have any questions.
