The Selling Process
1. Valuation
2. Processing the property
3. Legal
4. On the market
5. Viewings
6. Receiving an offer
7. Agreeing to sell
8. Draft contracts
9. Contracts approval
10. Exchange contracts
11. Completion

 

 

Valuation
An accurate valuation is critical. Our sales valuers have in-depth knowledge of their area, and will base your free valuation on the salability of your property, its condition and location, the current state of the property market and the speed with which you need to move. To arrange a free no obligation valuation on your property you can either:


 

 

Processing the property
Once confirmation of your instruction has been received, our sales Valuer will create a set of property particulars on a pocket pc and will take external and interior photographs to present your property in the best possible light and place it in the appropriate media quickly, professionally and efficiently.

 

 


Legal
A solicitor will be required to handle the legal paperwork involved in transferring ownership of your property to the new buyer (conveyance). It is advisable to instruct your solicitor at the same time as putting your property on the market, to allow for collection of the necessary documentation.

 

On the market
When you instruct Andrew Louis to sell your property you automatically benefit from our unrivalled, comprehensive package of marketing services. These are designed to achieve maximum exposure for your property in order to obtain the best price quickly and efficiently

 

 

Viewings
On request, we accompany viewers and provide feedback, but if, we advise that you prepare yourself for questions such as proximity of local schools, shops, transport and the directions the way property faces.

 



Receiving an offer
When receiving an offer, we will ask how the buyer intends to fund the purchase, whether they are dependent on another sale or not. We will always notify you about any offer both verbally and in writing.

 





Agreeing your sale
Once a price has been agreed we send confirmation to you, your buyer and both solicitors. Any time prior to exchange of contracts you or your buyer can renegotiate the price or indeed withdraw from the sale.

 


Drafting contract and supporting paperwork
Once the transaction is agreed, your solicitor will send out a draft contract to the purchaser's solicitor who in turn carries out preliminary enquiries and orders a Land Registry search. They will also organise 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.

 

 



Contract approval
This occurs when all preliminary enquiries from the draft contract and local search queries have been settled.

 




Exchange of contracts
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 bankers draft by the buyer's solicitor. The completion date is set at this stage.

 


Completion
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.

Call us today for a FREE market valuation of your home.
Call Centre Office: 0151 330 5333
Prescot Office: 0151 292 8880
St Helens Office: 01744 754 417
or complete a Valuation Request Form

© Copyright Andrew Louis 2008   |   Tel: 0151 284 8888   |   info@andrewlouis.co.uk