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Private Property Sales Process |
By:
Dave Hazlehurst |
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Private property sales are becoming increasingly common as
people try and save money on estate agents' commissions. In this
article we have outlined the private property sales process to
help you understand the different steps involved.
Step 1: Valuing your Property
A property valuation is necessary whether your selling privately
or using an agent so that you know what is a reasonable asking
price for your home.
You can do this by looking to see what other similar properties
in your area have sold for recently or by asking a qualified
surveyor to make a valuation for you.
Step 2: Marketing Your Property
If you are looking to sell your property privately you might
want to think about advertising on some of the private property
sales websites.
Step 3: Viewings
If you sell your property privately, prospective buyers will
contact you directly to arrange to come and see your home. Make
sure that it is clean and tidy before viewings and don't be
afraid to ask your visitors for feedback.
Step 4: Offer
If you are selling your property privately, then you will need
to negotiate any offers that are made. Once you have accepted an
offer you and the buyer need to instruct a solicitor to sort out
the conveyancing. This is where your solicitor prepares the
draft contract and necessary paperwork and the buyer's solicitor
looks over contract, contacts land registry, begins searches.
Step 5: Exchange of Contracts
Once a completion date has been agreed, both parties sign the
contract and the buyer gives you a deposit.
Step 6: Completion
The completion of the sale is where the buyer pays the seller
through solicitors and ownership is transferred.
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Article Source: http://www.PopularArticles.com/article2544.html |
Article: Private Property Sales Process
Author: Dave Hazlehurst
Total Views: 37
Word Count: 250
Category:
Home /
Business / Sales
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