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- November 17, 2022
- Real-estate
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- 01 Min
At some point in our lives, most of us will want to sell our home and move on. For those who haven’t gone through the process before, it can be overwhelming. Where do you start? What needs to be done? What about the legal aspects? This guide will take you through the home selling process to make it easier to understand.
The first step is to prepare your property. It may seem obvious, but making your home look fabulous is crucial. Complete those DIY jobs you’ve been putting off, give your home a deep clean, declutter, and ensure your curb appeal has the wow factor. Your property needs to look its best to attract buyers and receive a good valuation.
Next, research the local area and similar properties to get an idea of what homes like yours are selling for. Remember that each property is unique, so this is only a guide. Check out local estate agents and choose the right agent for you. Look for someone who is proactive, has a good reach in the market, and uses effective marketing techniques. Get valuations from 2 or 3 agents before deciding. Once you’ve chosen an agent, sign a sales agreement, and read the terms and conditions carefully.
Instruct a conveyancer to handle the legal aspects of the sale. They specialize in property law and will make the process easier for you. Keep your property clean and flexible for viewings to receive as many as possible.
When offers start coming in, remember that they may be lower than expected. Your agent will negotiate on your behalf, but they must pass on every offer to you. Once you’ve negotiated a price, sort all the legal paperwork with your conveyancer. Be ready to answer questions and sign paperwork quickly.
When contracts are exchanged, all finances are sorted, and a completion date is agreed. Completion is when all monies are exchanged, and the sale is finalized. You will need to move out on that day, as the new owner will want to move in as soon as possible.