Guide to Selling a property
Selling your home can be both a daunting and exciting experience. The Roding Estates’ team has prepared a guide to make selling your property a little easier and is here 24/7 to help in every aspect along the way – from arranging a free valuation, to finding the most suitable buyer and achieving the highest offer possible.
Once you are happy with your valuation and instruct us to market your property, we will advertise it with all major sales portals, through our extensive database and utilise the latest innovative marketing tools to attract attention from thousands of potential buyers. Remember, Roding Estates will not charge you a penny until we successfully sell your property!
Figuring out your finances
First, you should notify your mortgagee/lender that you are planning to sell your home who will be able to let you know what your outstanding mortgage is and if there are any early redemption penalties.
The next step is getting a rough idea of how much your property is worth by arranging a valuation (free with Roding Estates) to calculate how much money you will be left with after you have paid off the mortgage.
If you are also buying a home to move into, you should consider what size mortgage you will need. You should get an idea from your mortgage broker how much lenders would be willing to offer you.
Click here to book a free, no obligation consultation with our mortgage broker
Setting the price
One of the most stressful decisions when selling your home is deciding what price to sell it for. Roding Estates offers a free valuation for your property to give you an idea of how much it is worth and how to maximise the sale price.
Click here to book a free valuation
Appointing a Solicitor / Conveyancer
You need to choose a knowledgeable solicitor or conveyancer as the successful sale of your property can depend on them. The solicitor / conveyancer will handle all the legal work to transfer the ownership of the property as well as release the funds once the sale is completed. Roding Estates can recommend a trusted panel solicitor if you already don’t have one in mind.
First impressions count – if you prepare your home well, you are not only more likely to sell it faster but you might add value too. Get rid of excess clutter to make rooms appear larger, give it a fresh coat of light-coloured paint and keep it clean.
Once you are ready to open the doors to potential clients, a Roding Estates’ team member will start conducting viewings at a time convenient for you. Viewings can be conducted from 8am to 9pm on a weekday and from 8am to 6pm on Saturdays.
Accept an offer
Once an offer has been received, we will pass it on to you both in writing and verbally. If you are not happy with it, you can either; reject it outright, wait to see if a better one comes along or tell us to try to negotiate it upwards. Once you are happy with an offer, you will need to formally accept it and the property will be taken off the market.
Exchange of contracts
When the contracts have been signed by both parties and the deposit (which is normally 10% of the purchase price) has been transferred to your solicitor’s account, you have officially exchanged and are legally liable to complete. At this point, a completion date should be agreed mutually by you and the buyer (sometimes on the same day as the exchange of contracts but usually 7-28 days after the exchange of contracts) and this will be noted on the contracts.
Complete the sale
Completion occurs when the property changes ownership, the funds have been transferred from buyer’s solicitor to your solicitor’s account and, with your permission, we hand over the keys.
Congratulations on the sale of your property!