A beginner’s guide for first-time home sellers
Though selling a home can seem complicated and stressful, when the process is broken down to manageable chunks you will see it is quite logical. The important ingredient is to use a reliable conveyancer who will diligently apply themselves to managing every aspect and keeping you informed.
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Costs and fees
First you must become acquainted with the various requirements and fees associated with selling property. If you use a real estate agent, then fees will be involved there too. There may be fees associated with moving or settling mortgages, and of course there will be conveyancing fees too.
When you have a conveyancer, they will send you the title to the property and you will be asked about whether the ‘covenants’ have been observed. You will need to answer this question carefully: check will your conveyancer on how to deal with this. You will also need an Energy Performance Certificate, or EPC.
Preparing the property
When putting your home on the market, you will want it to look its best, which means repairs, painting and clearing away any mess. You may need to provide building regulation certificates if work has been carried out on the property. If you don’t have these, your conveyancer should be able to advise.
You will need to decide how the property will be sold. You can do this yourself, or use a real estate agent who will be able to advise on a likely price and fees involved.
In preparing for sale, you will need to get all the paperwork relating to your home in order. Your conveyancer will send you documents which need to be completed. When the home is listed, prospective buyers will look at the property, so you must ensure the home is clean and looking its best. Kitchens and bathrooms should sparkle, bedrooms should be free of discarded clothes and clutter in living areas should be minimised.
Hopefully, someone will fall in love with your home and want it for themselves. You must consider all offers carefully, and realise none are binding until contracts are exchanged. Your conveyancer will be able to keep you informed on how the sale is proceeding. There have been moves to make the conveyancing process more transparent, as reported in this article from The Guardian. If you want to get more details on the conveyancing process taking in all the latest developments, it would be worth consulting a trusted sources such as Sam Conveyancing for further information.
Selling a home can be demanding, but it’s also exciting as long as you have the right professional advice to guide you through the steps.