Selling a home is a complex process, so this guide is to try help the understanding of each step to make it feel less complicated.
1. Preparation
Declutter & clean the house: Begin by removing excess items, cleaning thoroughly, and staging rooms to show them at their best.
Repairs & upgrades: Address any minor repairs and consider small upgrades that enhance appeal without major expense, like fresh paint or updated fixtures.
2. Choose the right estate agent
Research local agents and get a feel for the type of agent you'd like to appoint. Get a few market appraisals to gage where your property should sit price wise. Review the services they're offering to you and what commission they charge.
3. Price
You want the price to incorporate your goals but also the market demand. If you over price you're risking not falling in the correct zone to reach your buyer.
4. Market Your Property
Make sure the marketing photos best present your house and ensure your agent markets the property online. At this point you will need to decide if you'd like a 'for sale' board, this can help people identify your house but also expands your audience to the local market and not just the buyers looking online.
5. Offers
Once offers come in, your agent will feed these back and ask if you'd like to refuse, negotiate or accept. Your estate agent will advise on their position and assist with advice needed to make a decision. Once a decision has been made your buyer will be asked to formalise their offer showing their funding.
6. Solicitors/Conveyancers
Your agent may have referred a conveyancer for you to review. It's your decision who you choose to appoint. Your buyer will also have to appoint a conveyancer too. Once these have been given to your agent, they will do a memorandum or sale to introduce both the selling side and buying side to each other.
7. Sales Progression
The progress from getting an offer accepted to having the sale completed differs slightly depending on the buyer. Chasing the sale would usually be down to your estate agent and the conveyancers should keep everyone up to date.
Selling a home involves multiple steps, each important to achieving a successful sale. We hope this brief guide has helped.
