The sales service
24 hour marketing tools:
- For Sale Board
- Website marketing
- Newspaper advertising - dependent upon the required marketing we undertake local and bespoke newspaper advertising.
- Viewing representatives service 7 days a week Monday to Sunday where required.
Sales Progression Journey
Beth heads up our sales progressions department for the Kidderminster office. She liaises with Solicitors, surveyors, buyers and sellers to ensure the smoothest, swiftest end to transactions. The national average for a sale from acceptance of offer to completion is circa 10-12 weeks. We aim to make the process as stress free as possible!
The Sale from a buyers prospective:
Once you have had your offer accepted we will request from you certain bits of information to allow us to mark the property as SSTC (sold subject to contract). Dependent upon your buying position we will request different elements to be returned.
- Photographic ID
- Proof of deposit monies
- Proof of funds
- AIP (agreement in principle) from your lender
- Completed confirmation of offer form
Once we as an agent have received the above and completed our due diligence we will mark the property as SSTC (sold subject to contract). We will then produce a Memo of sale which come out to buyer, seller and Solicitors acting on both sides. This letter instructs the Solicitors on the sale and purchase. From this point the Solicitors will move the purchase forward.
What happens after the Solicitors/Conveyancers are instructed?
- The sellers Solicitor/Conveyancer will the move forward to produce a draft contract which is sent across to the buyers Solicitor.
- The buyers Solicitor/Conveyancer will raise enquiries on the contract. Often additional enquiries will be raised. Searches will be submitted. The Solicitor will review and report on Title.
- When all questions have been answered and both Solicitor/Conveyancers are in receipt of a signed contract you enter the final stages of the transaction.
- Exchange of contracts is when contracts are exchanged, a deposit equal to 10% of the purchase price will be paid to the sellers Solicitor/Conveyancer.
- Completion will take place thereafter.
- Completion day is when the monies transfer through the chain. There is no set timeframe as it depends upon length of chain, the banking system and how quickly the bank transfers monies. When the monies reach the sellers Solicitor/Conveyancer they will ring through to the agent to give key release. At this point an agent will be able to release the keys.
What does a buyer need to do when an offer has been accepted?
- You will be required to provide a number of elements to us as the agent in order for us to instruct solicitors.
- Where a buyer requires finance we will need to see an AIP (Agreement in principle) from your lender, proof of deposit monies and photographic ID for all named buyers.
- For cash purchase we will require to see a bank statement showing the funds in the buyers names and photographic ID.
- When the sale is agreed ensure you send back to your Solicitor protocol forms, search fees, ID.