The 9 Steps In Selling A Property With Queenan Properties
- Accurate valuation
- Instruct a solicitor
- Maximum exposure
- Viewings
- Receiving an offer
- Agreeing to sell
- Drafting contract and supporting paperwork
- Service charge accounts & building insurance
- Exchange of contracts
About this guide:
At Queenan Properties we try to make sure that all our clients understand the process involved. Although it may seem allot to take in, its a simplle enough process and we are always on hand to help you in making the right desision.
Below we go into a little more detail about each step, if you have any questions please feel free to contact us.
Our expert valuers carry out thousands of valuations every month, giving us intimate and unparalleled knowledge of property values in your area.
This is why we consistently achieve the asking price across all our clients' properties.
Call us on 0800 369 8667 or complete the property valuation request form.
- Step2: Instruct a solicitor
It is advisable to instruct your solicitor at the same time as choosing your agent.
When you instruct Foxtons to sell your property you will automatically benefit from our unrivalled, comprehensive marketing package.Our team of specialist 'Protographers' will, in just one visit, collect all marketing elements for your property including: interactive floorplans, 360° tours, colour photographs and have them live on our website within days, alongside local information, location maps, aerial views and a printable colour brochure.
Queenan Properties are open at times to suit you, convenient for viewing after work and at weekends, We are available by phone 8am-9pm, 7 days a week.
To maximise viewing opportunities, ensure your agent is open during evenings and weekends.Our offices are open 9am-8pm Monday to Friday and 9am-5pm Saturdays, Sundays and Bank Holidays. Our phone lines are open 8am-8pm, 7 days a week.Our longer opening hours are essential - over 40% of viewings are carried out after work and at weekends.
Once you have accepted an offer it is important that the following details are agreed:Details of any extras included or excluded from the purchaseDate for buyer's/lender's survey on your propertyDate for exchange of contractsDate for completionWe will advise you and negotiate on your behalf throughout this process, keeping you informed every step of the way.
- Step7: Drafting contract and supporting paperwork
Step 8 Drafting contract and supporting paperworkOnce an offer has been agreed, your solicitor will send out a draft contract and the HIP for your property to the purchaser's solicitor who in turn carries out preliminary enquiries.Your solicitor should collate all the supporting paperwork (where applicable) ie: title deeds, copy of lease, fixtures and fittings list, seller's questionnaire, planning consent, guarantees, copy of building regulations and share of freehold certificate (most of this information should already be contained in the HIP).
- Step8: Searches and Surveys
A draft contract is drawn up by the seller's solicitor and sent to your solicitor, who will raise some preliminary enquiries. Your solicitor will either request their own necessary searches or will use the information already provided in the seller's Home Information Pack. A survey of the property will also be booked by a surveyor on behalf of the mortgage lender to identify any structural problems and advise on the property's value.
Exchange of contracts occurs when all preliminary enquiries from the draft contract and local search queries have been agreed.Most buyers require mortgages. Once the mortgage offer has been confirmed, the purchaser is ready to exchange contracts with the seller. The contract is signed by buyer and seller and the deposit (usually 10% of the purchase price) is either telegraphically transferred or paid in the form of a banker's draft by the buyer's solicitor. The completion date is set at this stage.
- Step10: Exchange of contracts
The contract then needs to be signed by you and the seller.
The deposit (usually 10% of the purchase price) is telegraphically transferred or paid by the buyer's solicitor in the form of a banker's draft. The completion date is then set. generally set a few days to a few weeks after exchange of contracts, depending on each party's personal requirements.
Residual monies (usually 90%) are now transferred from your solicitor to the seller's solicitor's account.
This is generally set a few days to a few weeks after exchange of contracts, depending on the personal requirements of the buyer and seller.
The residual monies (usually 90%) are transferred from the buyer's solicitor to your solicitor's account.
Congratulations, you have just sold your property!
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