Vendors - Selling Process

Accurate valuation

It is very important to ensure your property is marketed at the right price. If it is too high, you will not attract the amount of attention you would hope for. Too low, and you will not achieve what you deserve. Our valuations are provided with supporting evidence of comparable properties both currently on the market and those which have recently sold.

  

 

Touch up's and tidying

Ensuring your property is well presented is crucial to achieving both the maximum possible interest and price. Being proactive in this area is essential. Any unfinished work or touch-ups required should be finished before viewings commence, to show the property has been well cared for. By keeping the property tidy and uncluttered it will highlight the available space.

 

 

Professional photography & floor plan

When your property is ready, we will take wide angle photographs and make a floor plan. We aim to generate high levels of interest for you, by showcasing your property’s best features.

 

 

Extensive marketing

All of our properties are marketed through multiple channels including digital and print media. Our systems automatically send out email & text message alerts to our registered database of active buyers as well as current landlords, investors and developers.


 

Viewings

Every viewing is carried out at a time predetermined to suit you and your lifestyle. With extended viewing hours we can accommodate all buyers’ schedules, so we never miss an opportunity.

 

 

Accepting an offer

Once we have received an offer from a prospective buyer, we collate as much relevant information as possible to help you make an informed decision. 

 

 

Instructing a solicitor

Once you have accepted an offer you will need to instruct a solicitor. Liverpool Residential will prepare a memorandum of sale, writing to all parties confirming the agreed purchase price. Your solicitor will send out a contract to the buyer’s solicitor who will conduct preliminary enquiries. At this stage, you can negotiate the dates for a survey on your property, exchanging the contracts and a proposed completion date.

 

 

Exchange of contracts

The exchange of contracts occur once the following have taken place; preliminary enquiries have been conducted, evidence of title provided, lease issues highlighted (where applicable), local search queries completed and confirmation of fixtures and fittings included in the sale. Once the contract has been signed by both parties the deposit (usually 10% of the purchase price) will be paid by the buyer’s solicitor to your solicitor. The completion date will then be set by mutual agreement. 

        

 

Completion of sale

Completion is usually one week after exchange. The timing of this is negotiable and must be agreed by both parties at the point of exchange. On the date of completion, the keys are handed over once the monies have been received by the respective solicitor. The balance of monies (usually 90%) is transferred from the buyer’s solicitor to your solicitor’s account. Your solicitor will notify you when the money has cleared in your account and will then inform us to release the keys.

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