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- Our Guide to Selling your Property
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Our Guide to Selling your Property
We at Primrose & Gordon will do our best to promote your property producing
good quality and informative Sales Particulars and advertising your
property in the best venues (including our web site !). But all this
will be of little
help if prospective purchasers are put off when they see your house.
Thinking Of Selling Your House or Flat
Even before you have made a decision to sell your property it is a good
idea to contact us to have a preliminary discussion. The process of selling
can be complicated and there are quite a lot of factors to consider before
making a decision such as:
When should I sell?
The property market can be very 'seasonal' - consult us for details.
What price should I ask?
We have access to comparable sales data on hand and will provide a
market valuation based on this data and our considerable experience.
What items should I include in the sale?
We can advise on which items are likely to enhance a sale and which
are expected to be included.
Where should I advertise?
Solicitors Property Centre, local newspaper, nationals, the Internet
- we have the contacts.
If you are selling in order to buy another property what should you do first?
Buy and then sell or sell and then buy?
This will depend on the market at the time - we will advise what is
best for you.
What is it all likely to cost?
Free detailed written quotations are available at any time to new or
existing clients.
Putting Your Property On The Market
Once you have decided to sell we at Primrose & Gordon can deal with
the whole process of selling your property from start to finish including
estate agency and conveyancing, liaising with surveyors and lenders and generally
doing everything to make the process of selling as stress-free as possible.
We will discuss your marketing requirements fully with you. Normally we
advertise Dumfries & Galloway property in the Solicitors Property Centre
which has its own website, branch offices in Dumfries, Annan and Castle Douglas
and links to the national SPC network. If required we can arrange advertising
in local and national newspapers and the property is advertised on our own
website free of charge.
At this stage we would normally obtain your title deeds to check that everything
is in order. It is useful to have all local authority documentation, if there
have been any extensions or alterations to the property. Even some internal
alterations may require local authority consents - something which many people
overlook. We will check these aspects early on to avoid any 'glitches'.
However all advertising will be wasted if the purchasers are put off when
they see your property. So we have prepared a handy list of tips to help
sell your house.
-
Stand outside your house, look at it, try to imagine you are a prospective
purchaser and see if there are any obvious points or defects requiring attention.
Remember first impressions are extremely important. Ask yourself the following
questions:- Is the exterior in good order? i.e. any obvious roof problems
- flaking paint on the windows - does the front door need a coat of paint?
- does the door bell work? - is the garden tidy? - is the garden path in
good order? - does the garden gate squeak or is it rusty? - can the house
number or name be easily seen? If any of these items need attention, have
them done before advertising.
-
Again pretending you are a prospective buyer look around the inside of
house - is it clean and tidy - are there any defects which need attention
- it may be worth painting and decorating some rooms. Remember to make sure
the house is clean and tidy for each viewer.
-
Try to make rooms look uncluttered. It may be difficult if you have a
young family (or indeed children of any age) but it should be worth the effort.
- Some people recommend that the odour of freshly baked bread or fresh
coffee helps a prospective sale as it gives a 'homely' feel. If you cannot
manage this, at least make sure there are no unpleasant smells.
- Fresh Flowers around the house also give a pleasant impression.
- Treat viewers as you would guests in your house - be pleasant, friendly
and helpful. Show the good points of your house and mention how you have
enjoyed living there. As the song goes; 'Accentuate the positive, eliminate
the negative'!
- If you can, make the house look as bright as possible, cut back any overgrown
hedges or branches blocking the light.
- Finally try to make sure you are available for prospective viewers -
difficult, complicated or restricted viewing arrangements do tend to be off-putting.
The Legal Side Of Selling
Once your property attracts someone who wishes to buy they will normally
have a survey carried out, arrange any necessary finance and then instruct
their own solicitor to send us a formal written offer to purchase. This offer
will usually contain a large number of conditions - the most important of
which are of course the price offered and the date of completion. We will
advise you about all the terms of the offer.
Once all the matters in connection with the offer have been agreed a binding
contract for the sale of the property will be entered into. At this stage
neither party will be entitled to withdraw from the contract without becoming
potentially liable for substantial damages to the other party. Verbal offers
have no legal status in Scotland and are not legally binding.
If you are buying a property at the same time as selling we shall try
to conclude a purchase to coincide with the date of entry for your sale though
this may not always be possible.
Sometimes (depending on market conditions) more than one person may be interested
in your property. If there is sufficient interest then it is possible that
a closing date for offers will be fixed. This means that all parties interested
will have to lodge their offers in writing by a certain date and time. You
then decide which of the offers you wish to accept. You are not however under
any obligation to accept the highest or indeed any offer.
The Conveyancing Formalities
After the contract has been completed the various legal formalities in connection
with transfer of the Title Deeds will be carried out by us including preparation
of all documents, checking over the documents from the purchasers' solicitors
and obtaining all necessary searches and local authority reports. If you
have a loan on your property we will liaise with the Building Society or
Bank to obtain a repayment figure, deal with the repayment of the loan and
prepare and register the deed which cancels the security over your property.
Completion Of The Sale
On the day when you are moving out of your house then the purchasers' solicitors
will pay to us the sale price of the property and in return we will hand
over the conveyance of the house, the title deeds and the keys. We will then
repay any outstanding loan and after deducting the fees and the various outlays
paid on your behalf the rest of the money will be paid to you. If you are
buying another property then probably some of the sale proceeds will be used
as a deposit towards the new house.
At this time it is probably a good idea to consider updating your wills
if you have already made wills. If you have not then it is certainly a good
idea to do something about this. We will be happy to prepare or update your
wills when you move house; or when you buy for the first time, at no extra
charge.
Also available as pdf: Primrose and Gordon's guide to selling your property
You will need Adobe Reader download it free
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- Our Guide to Selling your Property
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