How to be as prepared as possible for selling your home
Selling your property is often regarded as a stressful time. Being prepared can help to reduce the stress and so we’ve pulled together some of our top tips to make it as smooth as possible:
Of course, you will want to sell your property for the best possible price however it is important to ensure that your place your property on the market with a realistic valuation. If you place your property on the market with an inflated valuation, you run the risk of not receiving any interest and your property becoming stale. This often means having to reduce the asking price to below what you were originally hoping for!
Sometimes it can be more cost effective to accept a slightly lower offer on your property from a buyer who is in a strong position to proceed, rather than holding out indefinitely for a higher offer price.
Start getting your paperwork in order
Getting your paperwork organised early in the sales process helps to speed things up and can reduce the stress before completion when the deadline is looming fast! At Hudson Moody we offer a Legally Prepared service with one of trusted our legal partners.
Legally Prepared is a process where you are sent the initial documentation required for selling your home as soon as you place your property on the market with your agent. This paperwork is not normally completed until you have accepted an offer from your buyer and your solicitor has received their details. By completing this documentation at the outset, before your property has sold, the contract papers can be prepared as soon as you have accepted an offer and therefore the process is significantly speeded up.
Start looking for your next move
Whilst you may be wary of getting your heart set on a new property before you’re in a position to proceed, it’s always a good idea to keep a close eye on the market so you know what’s out there and what you’re looking for.
It’s also worth considering the option of moving into a short term let once your property is sold if you still haven’t found your dream new property. Again, this can often be a more cost-effective move than pulling out of a sale late in the day.
Choose an agent who provides a sales progression service
Make sure you choose an agent that offers a dedicated sales progression service delivered by qualified and experienced sales negotiators.
A good sales negotiator will guide you through the sales process and keep you regularly updated – this can make all the difference when it comes to successfully selling your home!