First of all, you need to receive a valuation to find out how much your home is worth. We recommend asking at least three different estate agents to value your home. Ask them about the services they offer, the current state of the local market, and the purchase price you can hope you achieve. Make and plan and how this sits with your priorities and timescales. For more help, view our tips for getting started here (keybanks.gnomen-europe.com)
There are three main costs involved in selling a property:
- Estate Agent Fees
Estate Agent Fees will either be a percentage of the purchase price, or a fixed fee. When estate agents visit to value your home, make sure they outline their fees so you can take these into account.
- Energy Performance Certificate (EPC)
You are legally required to provide an EPC when you market your property for sale. This outlines the energy efficiency rating of your property. Keybanks can organise this for you. Contact our branch for a quote for how much this will cost.
'Conveyancing' means the legal transfer of your property to the buyer, and you will need to employ a solicitor to make this happen. Prices will vary depending on your circumstances. Keybanks can introduce you to a solicitor and offer a no sale no fee conveyancing service with a guaranteed fixed price to keep everything easy. Contact keybanks to receive an accurate quote for how much this will cost.
You may also decide to pay for extras such as professional photography or advanced web positioning. And don't forget about removals. Ask your agent to outline all these costs at the start of your sale so that you can budget your move.
Your estate agent should accompany all viewings, but you may decide that you'd like to be present. It's really up to you.
This partly depends on the conditions of the offer. Remember, neither the buyer or the seller is bound to the purchase or sale until the contracts are signed and exchanged (in Scotland at conclusion of missives), so it's worth keeping your options open.
Every sale is different. Both your position and the buyer's position needs to be taken into account before this question can be answered accurately. If your home has been realistically valued, you should expect to receive offers within the first four weeks. Then, assuming your buyer has to apply for their mortgage, the exchange of contracts normally takes between 4 and 6 weeks and then completion is between 2 and 4 weeks later. So in total, you should expect 12-14 weeks to complete the sale. Please note that in Scotland conclusion of missives normally takes between 6 and 8 weeks.