Selling your home involves more than just putting up a ‘For Sale’ sign and waiting for offers to roll in. It’s a journey with several key stages, each with its own timeline. Understanding this typical journey can help you stay informed and in control, ensuring a smoother process from start to finish.
1. Preparing Your Home
Before your property hits the market, make sure it’s in top condition. Decluttering, cleaning, and carrying out minor repairs are crucial for making a great first impression. A welcoming entrance can set the tone for potential buyers.
2. Listing the Property
Once market-ready, it’s time to list. This involves professional photography, writing up detailed property descriptions, and marketing across key online portals. At Sawyer & Co, we ensure your property shines in its best light.
3. Viewings and Offers
Buyers will start viewing, and if interest is strong, offers may come in quickly. The timeframe varies depending on the market and your property’s appeal. Once you receive a suitable offer, you can move forward by accepting it.
4. Sales Progression and Conveyancing
After accepting an offer, the legal work begins. Your solicitor or conveyancer will handle contract drafting, respond to enquiries, and manage local searches. This stage often takes the longest, requiring good communication on both sides.
5. Surveys and Mortgage Arrangements
If your buyer is using a mortgage, their lender will arrange a survey. The buyer may also commission their own survey. Delays can occur, especially if issues are found.
6. Exchange of Contracts
Once all legal and financial checks are complete, contracts are exchanged, making the sale legally binding. A completion date is set.
7. Completion Day
On completion, funds are transferred, and keys handed over. Congratulations—your home is officially sold!
Understanding these steps can make the selling process far less stressful, helping you move forward with confidence. If you’re considering selling, we at Sawyer & Co are here to guide you every step of the way.