Selling Tips

1. Accurate valuation

Your aim should be to sell your property at the best possible price in the shortest possible time. We carry out a large number of appraisal every month, giving us intimate and unparalleled knowledge of property values.

2. Selecting an estate agent

When choosing an estate agent, consider their positioning, when they will be available to conduct viewings, their high street presence and what kind of marketing your property will receive. These are critical to obtaining the maximum exposure and price for your property. Your home is your greatest asset, do you feel comfortable entrusting its true value to an agent whose only way of attracting your business is by cheap commission?

3. Instructing a solicitor

The successful sale of your property can be reliant on the instruction of an efficient and experienced solicitor. It is a good idea to do some research and make a decision before you put your property on the market as this will help to avoid delays. We can offer recommendations if required.

4. Presenting your property

First impressions count, making the presentation of your property critical to a successful sale. Consider addressing any DIY jobs you have been meaning to get done, add a fresh coat of paint where necessary and try to declutter to make rooms appear larger.

5. Marketing your property

Nicholls & Co appoints a team of dedicated professional ‘Photographers’ who will then take photographs and video, produce interactive floorplans and write comprehensive property descriptions, all in just one visit. To find your perfect buyer you need to give your property maximum exposure across a wide range of media. When you instruct Nicholls & Co to sell your property you will automatically benefit from our unrivalled, comprehensive marketing package, including: exposure on our website, email to our extensive database, full colour property details, email and SMS alerts.

6. Open for inspections and private viewings

We will arrange private appointments or 45 minute open for inspections with you to show prospective buyers through your home. Once the inspection is completed we will report back to you the buyers comments – both good and bad – so you are fully informed of the markets response to your home.

7. Receiving an offer

As soon as an offer is received we will notify you both verbally and in writing. Any special conditions of the offer will also be stated in writing and we will check the buyer’s ability to proceed before you decide whether to accept the offer.

8. Offer agreed

Once you accept an offer we will do the following:

-Prepare a sales advice
-Write to all parties to confirm the agreed price
-The property will be marked “under offer”

Your solicitor will send out a draft contract to the buyer’s solicitor who will then carry out preliminary enquiries. At this stage you will also be able to agree on dates for the valuations on your property, exchange of contracts and proposed date for settlement/completion.
We will advise you and negotiate on your behalf throughout this process, keeping you informed every step of the way. There are no legal obligations until contracts are signed.

9. Exchange of contracts

Exchange of contracts occurs when the following have been confirmed and agreed:

-Evidence of a good title
-Specific issues highlighted in the Lease, if applicable
-Strata searches completed
-Fixtures and fittings to be included in the sale
-The buyer’s mortgage approved

Once the contract has been signed by both parties the deposit (usually 10% of the purchase price) will be telegraphically transferred or paid in the form of a bank cheque by the buyer’s solicitor to your solicitor or our office. The completion date is then set by mutual agreement.

10. Completion

Completion is when the residual monies (usually 90%) are transferred from the buyer’s solicitor to your solicitor’s account. Your solicitor will call you when the money has cleared in your account and will inform us to release the keys.