Truepenny's
Selling your property can be a complicated and stressful process, but we're here to guide you. We've been selling property for over 20 years and have the tools and resources to make the process as smooth and stress free as possible.
We examine several factors within your property to determine its value, we'll also factor in the prices of comparable homes currently on the market and those that have recently been sold. This ensures that your asking price accurately reflects the present market conditions.
Before visiting your home, we start by researching your street and neighborhood. We gather information about similar properties recently sold to gauge buyer demand. Then, we consider local amenities and features that may influence your home's value. Armed with this knowledge, we will then inspect your property thoroughly.
During valuation, we will takes detailed notes, and identify unique selling points of your home. We look for features that could appeal to buyers and consider ways to showcase the property's suitability for different demographics.We may suggest quick, easy improvements to enhance your home's appeal to buyers, ultimately aiming for the best price upon listing. Recommendations could range from painting the kitchen to pressure-washing the driveway, as first impressions greatly influence buyer interest. Most sellers can make these quick fixes, which can significantly impact the outcome.
Once we've collected all necessary information, we'll integrate it with our research to provide you with our valuation. Your input is valuable; if you have a specific figure in mind, it's a good idea to tell us. Your priorities shape the selling strategy and we can accomodate your circumstances or specific needs.
Such an important phase as first impressions really do count. As a seller it is vital that you prepare your property for sale, This may involve decluttering, staging, and addressing any necessary repairs or renovations to ensure you make the right impact on the market,
We can advise you on the right strategy for preparing your property, taking your personal circumstances and timescale into consideration.
Creating a positive initial impression is important, but it shouldn't come at the expense of your well-being. So, don't stress!
Define a rooms intended purpose:
Ensure rooms are set up for their intended function, such as presenting bedrooms as bedrooms rather than repurposed spaces.
Maintain tidiness:
Keep the house clean and organised during viewings to leave a positive impression and allow buyers to focus on the property itself.
Declutter:
Remove unnecessary items to create a spacious and inviting atmosphere, potentially using local storage if needed during the marketing period.
Maximize natural light:
Open curtains and clean windows to brighten rooms and consider turning on lights before viewings for added warmth.
Control temperature:
Ensure all rooms are comfortably heated, especially those rarely used, to create a welcoming environment for potential buyers.
Maintain bathroom and kitchen cleanliness:
Keep these areas clean, tidy, and free of mold, with minimal toiletries in bathrooms and clear worktops in kitchens to maximise space.
Manage pets:
Keep pets out of sight during viewings to avoid potential discomfort or distractions for buyers, especially with energetic animals.
Choosing the right estate agent to manage the sale of your home is essential. A skilled agent can efficiently sell your property at an advantageous price, streamlining the process and justifying their commission.
It's important to remember that the estate agent works for you. Therefore, your interactions with potential agents should be positive. If they aren't, explore other options. Typically, high street estate agents receive commission based on a percentage of the selling price, which incentivises them to perform well from the outset.
We advertise your property through online listings, print media, and our extensive network of buyers to attract potential purchasers.
We advertise your property through online listings, print media, and our extensive network of buyers to attract potential purchasers.
We will conduct property viewings by arranging appointments with interested buyers to showcase your home.
We can advise you on the right strategy for preparing your property, taking your personal circumstances and timescale into consideration.
Creating a positive initial impression is important, but it shouldn't come at the expense of your well-being. So, don't stress!
Appointment Arrangement:
We will coordinate with you to schedule viewing appointments at convenient times for both you and the potential buyers.
Preparation:
Before the viewing, you should ensure that your property is clean, tidy, and presentable. It's essential to declutter and consider depersonalising the space to allow potential buyers to envision themselves living there.
Agent's Presence:
We will accompany the potential buyers during the viewing, providing information about the property, answering questions, and highlighting its key features and selling points.
Tour of the Property:
We will guide the buyers through each room, showcasing the property's layout, features, and amenities. We'll also provide experienced insights into the local area and nearby amenities.
Buyer Feedback:
After the viewing, we will provide feedback from the potential buyers, including any questions or concerns they may have raised during the tour. This isn't always immediate as buyers may need to discuss the property with friends, family or financial advisers, but rest assured we will gather feedback as soon as possible.
Whether you receive one or multiple offers, there are various factors to consider in either scenario.
Acceptance:
You can choose to accept an offer that meets your desired price and terms, leading to a sale.
Counteroffer:
If the offer doesn't fully meet your expectations, you can make a counteroffer with adjustments to the price, terms, or conditions.
Multiple Offers:
If you receive multiple offers, you can compare them to determine which one best aligns with your goals and negotiate with the most favourable buyer.
Rejection:
If none of the offers meet your requirements or expectations, you have the option to reject them and continue marketing your property.
Further Negotiation:
You can ask us to engage in further negotiation with the buyer to reach a mutually agreeable price and terms that satisfy both parties.
As offers come in, we'll negotiate on your behalf, ensuring your interests are prioritised while striving for the best outcome. We'll promptly communicate all offers and counteroffers, providing insightful advice to help you make informed decisions. Throughout the negotiation, we'll serve as your advocates to secure a successful sale.
Clear Objectives
Having spoken with you about your reasons for selling and your desired selling price our objective is to get the highest price for your property.
Market Trends
We gather information on recent property sales in the area, comparable properties, and current market conditions to support your negotiating position and justify your property's value.
Maintain Flexibility
Be open to compromise and flexible in your approach to an offer. Understanding the needs and motivations of the other party can help identify mutually beneficial solutions.
Effective Communication
We will clearly communicate your expectations, concerns, and reasoning behind any decision you make. We listen actively to all party's perspectives and address any misunderstandings promptly.
Professional Guidance
Our team of skilled and experienced consultants represent your interests. You'll receive expert advice throughout the negotiation process, and beyond just estate agency services, we have a broad network of contacts that can offer assistance. With access to professionals such as solicitors, financial advisors, builders, conveyancers, and maintenance services, our extensive network enables us to swiftly address any issues that may arise during negotiations.
This breadth of support opens up avenues for mutually beneficial solutions and considerations. We place your satisfcation above everything else to ensure you are delighted with the price achieved and the service we provide.
Once you've accepted an offer from a buyer, there are several steps you'll need to take as the seller:
Appointment Arrangement:
We will coordinate with you to schedule viewing appointments at convenient times for both you and the potential buyers.
Instruct a Conveyancer:
Choose a conveyancer or solicitor to handle the legal aspects of the sale and instruct them to start the conveyancing process.
Complete Property Forms:
Provide the necessary information to your conveyancer to complete property information forms and prepare the draft contract.
Address Buyer's Enquiries:
Respond promptly to any queries raised by the buyer's solicitor or conveyancer, providing accurate and detailed information about the property.
Arrange Property Surveys:
Facilitate any surveys or inspections requested by the buyer, such as a building survey or a mortgage valuation survey.
Address Any Issues:
Address any issues identified during the surveys or inspections, such as necessary repairs or alterations, and negotiate any necessary adjustments to the sale price or terms.
Review and Sign Contract:
Review the draft contract prepared by your conveyancer and sign it once you are satisfied with its terms and conditions.
With various tasks and deadlines to manage along the way it's easy to feel overwhelmed and distracted by the stress of the situation, but staying on track is crucial to achieving your end goal of successfully selling your property. That's why we're here to help. One of the biggest challenges sellers face is maintaining focus amidst the myriad of tasks involved in the sales process. Allowing stress to take over can lead to lapses in judgement or missed opportunities. It's important to remain organised, set realistic goals, and stay proactive whilst you let us manage each stage of the process.
Moreover, it's essential to remember that the buyer may also be experiencing stress and uncertainty throughout the process. Misinterpreting their questions or concerns due to heightened emotions can hinder effective communication and potentially derail the transaction. Maintaining empathy and allowing us to communicate with the buyer can help alleviate tensions and ensure a smoother negotiation process.
During the exchange and completion process, there are important steps to be aware of as the seller of the property.
The exchange of contracts is a pivotal moment where both parties become legally committed to the sale. At this stage, you will sign the contract and agree on a completion date. Once contracts are exchanged, you are obligated to sell the property to the buyer, and they are obligated to purchase it from you.
Following exchange, you'll need to prepare for completion, which is when the property officially changes ownership. On the completion date, the buyer's solicitor will transfer the purchase funds to your solicitor, and once received, you'll vacate the property and hand over the keys.
It's essential to ensure all outstanding legal and financial matters are resolved before completion to facilitate a smooth transition. Your solicitor or conveyancer will guide you through each step of the process to ensure a successful exchange and completion of the sale.