Guide to Selling Property

7 steps to selling your home!

Prepare your home for market

Creating a captivating first impression is crucial when showcasing your home, both in photographs and during viewings. Ensuring that your property stands out for all the right reasons is paramount. The presentation of your home holds significant importance, particularly in establishing a positive initial impact. Strive to showcase your property in its most appealing light by addressing key areas.

Consider sprucing up the garden, giving attention to external walls and the front door with a fresh coat of paint, and decluttering rooms to create a sense of spaciousness. These thoughtful touches can greatly enhance the overall appeal of your home. Potential buyers should be able to envision themselves living in your space, emphasizing the need to present your home in the most optimal way possible. This careful presentation sets the stage for a more immersive experience for those considering your property.

It's advisable to tackle any significant home improvement projects prior to inviting estate agents for assessments. However, even minor touch-ups like paint adjustments can effectively communicate the value of your home to potential buyers.

Having your Home Valued

Prior to selling your home, obtaining an accurate Market Appraisal is paramount. Understanding the true value of your property in the current market is essential for making informed decisions. Our approach combines expert local insights, recent sales data in your area, and prevailing marketing trends to deliver a precise Marketing Figure. This figure is designed to help you achieve the optimal price within a realistic timeframe.

Exercise caution, as some agents may intentionally overvalue your property to impress you and secure your listing. Falling into the trap of selecting an agent solely based on the highest valuation or the lowest fee can be misleading. It's crucial to prioritize an agent who provides a realistic assessment backed by thorough market analysis, ensuring a fair and accurate representation of your property's worth

Review your Finances

Before diving into the marketing of your property, a thorough financial assessment is prudent. While estimating the potential selling price of your property is a crucial aspect, it's vital to recognize that additional fees and costs accompany both the selling and buying processes, some of which may necessitate upfront payments.

Our Mortgage partner specializes in helping you calculate the comprehensive cost of your move, ensuring transparency and eliminating any unexpected surprises. With their guidance, you might discover opportunities to explore homes that initially seemed beyond your budget, expanding your options and making your home search more rewarding than you initially envisioned.

Instruct your Conveyancing

Prior to embarking on the marketing journey for your property, a thorough examination of your finances is crucial. While understanding the potential selling price of your property is a key aspect, it's essential to recognize that there are additional fees and costs associated with both selling and buying. Some of these expenses may require upfront payment.

Our Mortgage partner specializes in helping you calculate the comprehensive cost of your move, ensuring transparency and eliminating any unexpected surprises. With their guidance, you might discover opportunities to explore homes that initially seemed beyond your budget, expanding your options and making your home search more rewarding than you initially envisioned.

Marketing your Property

Once you've entrusted your property to your Estate Agent, the next crucial step is to showcase it to potential buyers effectively. Your Estate Agent will professionally photograph your property and craft a detailed description, emphasizing its unique features.

At North East Property, we go the extra mile to ensure maximum exposure for your property. Our dedicated Marketing Team works tirelessly to perfect your property details, leveraging various channels for promotion. In addition to featuring your property on our website and major property portals, we harness the power of social media to broaden its reach.

To enhance visibility, we maintain a comprehensive database of individuals actively searching for their next opportunity. As soon as your property hits the market, it is promptly emailed to this database, ensuring that your listing reaches interested parties promptly. Our commitment is to garner as much attention as possible for your property, employing a multi-faceted approach to marketing and promotion.

Dealing with Buyers

We understand that preferences vary, and at North East Property, we cater to your individual needs when it comes to property viewings. Whether you choose to handle them yourself or entrust us with the task, we provide an additional layer of convenience with Live Stream viewings. This ensures that we qualify potential buyers before arranging physical viewings, focusing on serious individuals genuinely interested in your property.

Your feedback is invaluable to us. We actively seek and consider feedback from viewings, identifying any recurring issues. If a particular concern emerges consistently, we proactively address it to enhance the overall appeal of your property.

Our commitment extends beyond viewings; we engage with viewers to gauge their interest and explore potential offers. Providing you with detailed feedback after each viewing, we manage the entire offer and negotiation process on your behalf. Our goal is to secure the best possible price from a qualified buyer, streamlining the experience for you.

We Sold It!

Upon reaching an agreement for the sale of your property, it will be officially marked as "Sold Subject to Contract." At this juncture, we will initiate the next phase by instructing your conveyancing solicitor to oversee the legal aspects of the transaction. Simultaneously, we meticulously compose a comprehensive memorandum of sale, capturing all pertinent terms related to the transaction.

From this point forward, our dedicated staff will seamlessly guide your sale through the intricacies of Sales Progression. Throughout this process, we make it a priority to keep you well-informed at every juncture. Rest assured, your journey through the sales process will be navigated with transparency and regular updates, ensuring a smooth and informed experience for you.

Preparing to Move

The pivotal moment of the exchange of contracts arrives once the non-refundable deposit, typically 10% of the purchase price, is seamlessly transferred from the buyer's solicitor to your solicitor. This significant step follows the completion of all legal procedures, leading to the signing and exchange of contracts. From this point onward, both parties are irrevocably bound to see the transaction through, with the completion date typically determined at this stage.

While completion day can be a source of stress, especially within a chain, it signifies the conclusive step in selling your property. It marks the culmination of the entire process, signalling that the most challenging aspects are behind you, and it's time to revel in the achievement. Completion is officially realized when the remaining funds are transferred from your buyer's solicitor's bank account to your solicitor's account. Subsequently, the keys are released to your buyer, and with heartfelt congratulations, your property is now successfully sold!