The process of purchasing your first home can seem daunting, with many saying that it is one of the most stressful things in life. The same can be said of selling your first home, with the process having the added stress of looking to purchase another property at the same time.
That is why we have put together our top tips for first-time property sales:
Ensure your home is ready for viewings
When deciding to sell your home, first appearances can be key. Experts say that buyers decided whether to purchase a property within the first five minutes of viewing the house, so ensuring that it is in its best condition both for photos and for viewings is essential to maximise the potential for a property sale.
Find an estate agent and set your sale price
When considering an estate agent, it’s vital that you look at all of the factors. Friends and family may be able to assist with recommendations, while you can look at how quickly properties sell with certain agents, as well as comparing price, experience and service.
Once you have decided on your agent, setting the sale price should be the next step. Getting a valuation from an expert who knows the local area ensures that your property enters the market at the right level to attract significant interest.
Choose a solicitor
Choosing a solicitor is one of the most important parts of the process of selling your property. Your conveyancing solicitor will help you with the legal transfer of the property and ensure that the property sale progresses successfully and in good time.
Negotiating the details
Once you have chosen your solicitor, and have received an offer, you will decide the smaller details of the property sale. This could be things such as what is included in the sale and how long the time between exchange and completion can be.
The average property transaction is around 16 weeks, from beginning to end. Once your buyer pays a deposit, the deal becomes legally binding and contracts are exchanged. You have now completed your first property sale!
For help and advice with your property sale, contact our expert property team today.