×

SELLERS GUIDE

1. How much is your property worth?

The first step to selling your home is to get an up-to-date property valuation. Laurels provides free, no obligation market appraisals, and as one of the fastest growing estate agents in London and the Home Counties, we value and sell hundreds of properties each year. This means we have a wealth of knowledge and data to draw on when valuing your property.

2. Get your property ready for the market

You should aim to present your property in the best possible way and fix anything that could put off potential buyers. A fresh lick of paint, some new soft furnishings, plus a tidy up of the garden should help. These are small jobs, but can greatly improve your chance of receiving an offer. If you feel your property requires more than a touch up of paint, such as a complete renovation, please feel free to consult with the Laurels team as we can give you advice on what to do and what not-to-do. At this stage you’ll also need to supply an Energy Performance Certificate (EPC) for your property. These are valid for ten years, so if you had one commissioned in the past you will need to check that it is still valid.

3. Choose your estate agent and your solicitor

When choosing your estate agent you should consider the service they offer, how much local insight they have, if they are able to market your property effectively, if they are affiliated to any professional or regulatory bodies, and if they have a reputation for providing excellent customer service. At Laurels, we consider these things to be essential when it comes to selling property successfully. Most estate agents are able to make a recommendation of which solicitor to use, but it’s also worth asking friends and family about their experiences, and who they would recommend. At Laurels, we work a superb panel of solicitors and we can secure you a discount as well.

4. Prepare for viewings

Once your property is on the market, you’ll need to keep on top of cleanliness and clutter on a daily basis in case of any unexpected viewings. Dust and dirt can dull a surface and give viewers the impression that work needs to be done, but a quick clean can reveal the real finish beneath and instantly refresh a property’s appearance. Scented candles and open windows can help keep the property fresh. These small but noticeable acts can help buyers picture themselves living in your property, making them more likely to put in an offer. If you are present while the viewings take place, you should try to offer insight into what makes your property special. Is it great for entertaining? Is it easy to keep warm in the winter? Are the neighbours friendly?

5. Receiving offers

If Laurels are fortunate enough to be selling your property then you will received a phone call within a few hours of receiving an offer. At this point we will already have verified the offer and we will be able to provide you with all the relevant information. Of course, you don’t have to choose the highest bidder. In fact, you should consider your aims and how this relates to the buyer’s situation. If you want to move quickly, a chain-free first time buyer, or someone who has already sold their property, may be the best option.

6. Accepting an offer

The exchanging of contracts is carried out on your behalf by your solicitor or conveyancer. It is when the sale of your home becomes legally binding and once the contracts have been exchanged that you can be fairly certain the sale of your house will go through. You will also receive a preliminary deposit from the buyer at this point, which you will be able to keep if they pulled out of the purchase. However, you would also be liable for penalties or legal action if you pulled out of the sale. The completion date will be stated in the contracts, and this is when the property will be transferred to the new owners. You must leave the property on this date and arrange for all of your belongings to be removed from the property ready for the new occupants to arrive on the same day, once the final monies have been received. Keep in mind that completion days are almost always on a week day to allow the banks and solicitors to arrange transfer of monies and complete other necessary legal or financial actions that would be impossible to do on a weekend.

7. Progressing the sale

At Laurels we’re completely aware that our job is not done simply when you have accepted an offer. We employ superb sale co-ordinators who ensure everything is on track, handle any problems, and keep you updated throughout. 70% of sales fall-through due to a lack of communication which is why we make sure we are on-top of things!

8. Exchanging contracts and completion

The exchanging of contracts is carried out on your behalf by your solicitor or conveyancer. It is when the sale of your home becomes legally binding and once the contracts have been exchanged that you can be fairly certain the sale of your house will go through. You will also receive a preliminary deposit from the buyer at this point, which you will be able to keep if they pulled out of the purchase. However, you would also be liable for penalties or legal action if you pulled out of the sale. The completion date will be stated in the contracts, and this is when the property will be transferred to the new owners. You must leave the property on this date and arrange for all of your belongings to be removed from the property ready for the new occupants to arrive on the same day, once the final monies have been received. Keep in mind that completion days are almost always on a week day to allow the banks and solicitors to arrange transfer of monies and complete other necessary legal or financial actions that would be impossible to do on a weekend.

9. Celebrate!

Free Valuation

HOW MUCH IS MY PROPERTY WORTH?

Free Property Valuation