SELLING GUIDE

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guide to selling property

GUIDE TO SELLING

If you’re new to selling, or haven’t done so for a while, here’s our guide to how it all works.

VALUATION

Whether you’ve completely decided to sell your property or are just thinking things over, please feel free to call your local branch of Eastwoods. We have offices across London and the South East, so there’ll always be one nearby.

We’ll agree with you the best time to come and carry out a valuation of your property.
We’ll keep in mind the sum you’d like to achieve for your property, and any timescales you need to work to. Our expert valuer will suggest the figure that would be a realistic price to start marketing, and will back this up with evidence of similar properties nearby which have been on the market.

PREPARATION FOR MARKETING

It’s entirely your decision whether or not you do put your property on the market.

If you do decide you want to go ahead, we’ll agree with you the best time to:

Write-up your property brochure

Photograph your property

Draw up the Energy Performance Certificate (EPC) if you don’t have a valid one (this is a Legal requirement before marketing can begin)

Compile the floorplan, which allows buyers to see the full layout, shape and flow of your property.

MARKETING

Once we have compiled your property brochure, we’ll ask you to approve them for publication. We’ll then upload your property to our website and the other sites on which we advertise. Such as:

Rightmove

Zoopla

Prime Location

+100s More

We’ll also email all buyers on our database who are looking for a property like yours, and phone the ones we know to be really keen.

VIEWINGS

Soon interest in viewing your property should build, and we will always call to agree convenient viewing times with you. If there are any times that are better than others, please let us know and we’ll do our best to fit everyone in.

After each viewing, we will call the ‘viewer’ to hear their thoughts, and counter any objections they may have.

We’ll be in touch as regularly as you like to update you on progress, and to discuss any changes we think might help your sale.

AGREEING THE SALE

After each viewing, we will call the ‘viewer’ to hear their thoughts, and counter any objections they may have.

We’ll be in touch as regularly as you like to update you on progress, and to discuss any changes we think might help your sale. You should take as much time as you like to consider an offer, but do bear in mind that sometimes things need to move quite quickly in order to keep the sale together. We are adept at handling negotiations with the buyer on your behalf.

CONVEYANCING

Once an offer is agreed, we will contact your solicitors and the buyers’ solicitors to confirm each party’s details, you should get all the documentation your solicitors need to them, if you haven’t already, to keep things moving.

If the property is a leasehold, your solicitor will ask for the name of the managing agent, the freeholder and a statement of account for the ground rent and services charges.

This will include documentation such as fixtures and fittings.

KEEPING THE SALE ON COURSE

The conveyancing process is complex and can be frustrating – especially if your solicitor is not particularly communicative. Your Eastwoods negotiator will regularly chase all parties in your chain to ensure that things happen on time.

Your buyers and/or their mortgage lender will want to carry out their own valuation of your property, and may well ask for a fuller survey or “homebuyer’s report”. It is the job of a good estate agent to make sure the parties don’t panic unduly and to keep the sale together!

EXCHANGE OF CONTRACTS

Finally, your solicitors will agree on the phone to ‘exchange contracts’. This is an exciting moment as it is when the sale becomes legally binding for both buyer and seller.

The purchaser would have sent their deposit ( generally 10% of the property price ) and now would be the time to organise removals companies in advance of completion.

COMPLETION

Completion is the moment the sale of your property is final! Your solicitor will contact you and us when the buyer’s money has cleared and we will then let the buyers have the keys. If any balance of monies is owed to you from your sale, your solicitor will transfer them into your bank account.

We hope this all makes sense, but if you have any questions, please don’t hesitate to get in touch.

Email: info@eastwoodsproperty.com
Phone: 01252 854423

OTHER REASONS TO USE EASTWOODS TO SELL YOUR PROPERTY

DUE DILIGENCE

Eastwoods will be responsible for the market and location research for our vendors. We will meet and provide the necessary factors for property sales and investments to ensure our clients achieve the best possible price in the shortest time.

CLIENT MONEY PROTECTION

Eastwoods are a regulated company and as such adhere to all regulations set out regarding tenancies in England and Wales. This includes Client Money Protection, Eastwoods are a member of Moneyshield meaning our clients money and investments are protected.
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CONTACT OUR PROPERTY PROFESSIONALS

CALL US ON: 01252 854423

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