There's far more to selling a property than just putting it on the market and waiting for a buyer to come along. iSold has prepared this handy home sellers' guide covering transactions in England and Wales to highlight what's involved.
First, you need to calculate how much it will cost to sell your property. This includes what you pay, an EPC, Conveyancing, potential mortgage redemption fees, plus any relocation and removal costs. Speak to our team — we'll work with our mortgage experts to help you calculate your payments.
If you are thinking "I want to sell my house", remember that first impressions count! So ensure the entrance area is welcoming, tidy the garden, mow the lawn and remove any rubbish. Inside, we recommend you clean up, plump the cushions and polish the furniture. If necessary, give walls and woodwork a fresh lick of paint in a neutral colour. Make your home smell nice. Fresh coffee in the pot will make your home welcoming. Taking up our Open House offering means you can do this once for up to a dozen potential viewings.
Don't rely on your own guess work; remember, what a property is on the market for is rarely the same as what it will sell for. Use a trained local Valuation Manager like ours at iSold to assess what your property is worth. They will have access to local information and data that will best determine what you can expect to achieve, depending on how quickly you wish to sell. iSold will offer you a free, no obligation valuation online first and upon instruction, will request our local Valuation Manager visits you to prepare property details.
If you are looking to market your property for sale, you must by law have an Energy Performance Certificate (EPC) on order before your home can be advertised.
Using iSold, we will showcase your home to the best buyers via our amazing marketing package on the web. Once marketing is under way, you will need to show prospective purchasers around. Alternatively, we can provide an Open House viewing morning. As soon as an offer is made for your property, negotiations can begin.
When the sale has been agreed, your Conveyancing solicitor will take over to finalise the legalities and the paperwork. Once contracts have been exchanged and signed, and the transaction is formally completed, you no longer own the property. At iSold your dedicated Sales Progressor will manage this process for you, liaising with your buyer's solicitors, mortgage provider, surveyor and other advisors to ensure your sale is agreed and exchanged. (Nearly a third of all agreed sales fall through; we work hard to make sure yours is not one of them.)
Please note, this is a handy guide and does not constitute legal advice.