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Seller's Guide

1. Valuation

The first step in selling your property is to obtain a valuation. Pembertons are always happy to arrange a free valuation at a time convenient for you.

2. Instructing an Agent

Once you are happy with the valuations received, you then have to decide upon an agent to instruct to market your property. Once instructed, Pembertons will arrange for one of our sales negotiators to visit your property to take full details and photographs.

3. Instructing a Lawyer

A lawyer is needed to assist in the sale of your property. It is always a good idea to instruct a lawyer at the point of going to market, so they can start to prepare the necessary documents. If you do not already have a lawyer Pembertons would be happy to provide you with a selection of reputable solicitors

4. Marketing the property

The marketing of your property is a task that takes great skill and is not to be rushed. At Pembertons, our dedicated sales team are experts in marketing property. All our purchasers are informed via sms and e-mail as well.

5. Receiving an offer

Once an offer has been received, we will notify you verbally and in writing. Is it our job to advise you on whether an offer is acceptable and if there are multiple offers, then which purchaser is in the strongest position to proceed with the purchase.

6. Agreeing an offer

After accepting an offer, you will need to agree on an exchange date that is suitable for both the buyer and seller. It is at this point where you should agree what is and what is not included in the sale.

7. Legal Process

Now that the transaction has been agreed, Pembertons will inform both the buyer, seller and their lawyers. Your lawyer will prepare a draft contract and supporting paperwork to send to the purchaser's lawyer who will then submit standard enquiries to be answered. You will also need to submit to your lawyer a property information form and a fixtures and fittings list. If you have a managing agent for you property then they will be able to answer all questions relating to service charges. If your property is freehold, then you are unlikely to have service charges, therefore making the process a little easier.

8. Contract approval by purchaser

Once all the enquiries have been answered, the mortgage offer and the searches returned, the purchasers solicitors should be in a position to approve the contract in preparation for an exchange of contracts.

9. Exchange of contracts

When you are ready to exchange contracts both the buyer and seller need to sign the contract. After the exchange of contracts has taken place the deposit, usually 10% of the purchase price will be sent to your lawyer by the purchaser's solicitor.

10. Completion

On the date of completion, the balance of the funds, usually 90% will be sent to your lawyer, after completion has taken place, you have officially sold your property.

 
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