Selling your home can be just as daunting as buying your first home, this step-by-step guide is here to give you an insight on how to sell your home and some top tips when your property goes on the market.
Understand the costs of selling your home
If you know the costs of selling your home this will help ensure you aren’t met with any unexpected costs through out the selling process, below you will find some of the main costs you will have when selling your home:
- Estate agent fees
- Mortgage exit fees
- Home reports
- Removal costs
Preparing to sell your home
For the best results when selling your home its important to show your homes full potential, if a buyer can envision themselves living in your property they are more likely to buy your home and can result in it selling faster.
- Freshen up with some paint
- Clean up the garden
Getting ready to sell your home
Once you have decided you want to sell your home you can instruct an estate agent to value your property, this will ensure you know what you can expect to achieve.
Preparing for viewings to sell your home
It is important to show potential buyers why they should choose your home, you want to go all out to help buyers envision their life in your home, there a few things you can do to make your home more appealing to potential buyers when viewing:
- Tidy the outside of your home for drive-by visits
- Keep a clear and clean bathroom
- Declutter the living areas
- Have a clean and clutter free kitchen
- Spruce up the garden
Considering and accepting an offer
Considering the offer
It is important to remember that you are under no obligation to accept or reject an offer straight away, it is more than okay to take a few days to consider offers. You can find out the potential buyers position before making any decisions as there are a number of factors to consider when deciding if you want to accept an offer, here are some key questions to consider asking:
- When are your buyers looking to move?
- What is the potential buyers financial position?
- Are they in a chain?
Accepting the offer
Once you have accepted an offer the house will be under offer subject to Conclusion of Missives, until the missive is in place an accepted offer is not legally binding and a buyer can back out of the sale, this is also the same for you as the seller. Providing there is no issues the missive will be concluded and there is now a legally binding contract. You can then look forward to your own big move in day.