Step by step selling guide

Understanding the basic process of selling a property can help alleviate stress...

Step 1 – Precise valuation

At Essex Property Centre our aim is to sell your property at the best possible price in the shortest possible time. We have experienced, knowledgeable valuers who carry out volumes of valuations every month giving us a firm understanding of property values in the area. Perhaps this is why we deliver the best possible sale prices for all of our clients?

Step 2 – Choosing the right estate agent

Its crucial to choose the right estate agent and consider various factors before deciding on one. More often than not fees aren’t just the only deciding factor and although Essex Property Centre are transparent when negotiating a fee for you other factors are just as important too. Presence, marketing, experience and attitude should all be considered allowing for an informed decision.

Step 3 – Instructing a solicitor

Achieving a successful sale and instructing a reliable solicitor go hand in hand. It’s a good idea to have researched and spoken to several solicitors and ideally made a decision prior to putting your property on the market. This will help to avoid delays.

Step 4 – Presenting your property

Naturally first impressions count so the presentation of your property is critical to securing a successful sale at a maximum price. Consider addressing any DIY jobs you have been meaning to do, a fresh coat of paint where necessary and declutter. Don’t forget Essex Property Centre will need to take photos, 360 virtual tours, create detailed floorplans and comprehensive property particulars

Step 5 – Marketing your property

To find your perfect buyer you need to give your property maximum exposure across a wide range of media. When you instruct Essex Property Centre you will automatically benefit from our unrivalled, comprehensive marketing package, including: exposure on our website, full colour property details, various internet property portals, email and SMS alerts to ready buyers and local advertising via publications.

Step 6 – Accompanied viewings

Our offices are open 9am-6pm Monday to Friday and 9am-4pm Saturdays

In order to secure a sale we always recommend arranging early viewings, and are always on hand to show buyers around should you prefer or if you were not to be there. We will book viewings quickly and methodically in order to ensure you get maximum viewers as quickly as possible. We understand the importance of quick confirmation in order to introduce proceedable buyers before they find elsewhere/

Step 7 – Receiving an offer

As soon as an offer is received we will contact you to communicate full details of the offer along with any special conditions to help you decide whether or not to accept. Naturally we will fully qualify the offer and ensure the buyer is proceedable before any discussions.

Step 8 – Offer agreed

Once you accept an offer we will do the following.

• repare a memorandum of sale
• Write to all parties to confirming the agreed price
• Confirm solicitors details

Your solicitor will send out a draft contract to the buyer's solicitor who will then carry out preliminary enquiries. At this stage you will also be able to agree on dates for the survey on your property, exchange of contracts and proposed date for completion.

We will advise you and negotiate on your behalf throughout this process, keeping you informed every step of the way. There are no legal obligations until contracts are signed.

Step 9 Exchange of contracts

Exchange of contracts occurs when all enquiries have been confirmed and agreed.

Once the contract has been signed by both parties the deposit (usually 10% of the purchase price) will be transferred from your solicitor to the seller's solicitor. The completion date is then set by mutual agreement.

Step 10 – Completion

Completion is when the residual monies (usually 90%) are transferred from your solicitor to the seller's solicitor's account. We will release the keys once the money has cleared in the seller's account.

Congratulations, you are now the legal owner of your new home!

WANT FURTHER INFORMATION? CALL 01702 602 888