The Simpler, Safer and More Secure Way to Sell Your Home
In this two-minute read, we share how we make selling (and buying) a property a lot easier and far less stressful.
Our property selling process is as safe as houses…… and apartments, bungalows, and any other bricks and mortar you could mention.
And here's why.
The sales process in England has always been a stressful one. This is mainly due to people pulling out of sales once they have been agreed but before contracts have been exchanged.
This could be down to a change of mind from the seller or the buyer.
We have always been on the lookout for a solution to this problem, and we've found it.
We use a service called Gazeal which simply, safely, and securely takes a lot of uncertainty out of the process.
Here's how.
Step one is the Buyer Information Pack.
We follow the UK Government's guidelines detailed in their "How to Sell Guide' by asking that you complete your required legal protocol forms, theTA6 Property Information, TA7 if you have a lease, and TA10 Fixtures & Fittings forms.
We then make this available, digitally and privately, to interested buyers before they make an offer.
A better-informed buyer is less likely to pull out and more likely to be bold in putting forward their best offer. After an offer is agreed, all the information is instantly transferred to any conveyancer of your choice.
Step two is the Reservation Agreement.
Once your sale is agreed, make sure it is reserved to protect you from gazumping/gazundering.
A small reservation fee guarantees a meaningful financial commitment by each party.
In addition, you can start moving forward with confidence that your property is reserved with an agreed timescale.
Step three – let's get on with the selling process.
Once the reservation fees have been paid, the conveyancing process is often smoother because both parties are committed, and the Buyer Information Pack is presented to solicitors immediately.
What's the costs, and why it works.
The reservation fee isn't a deposit. It's a pre-exchange agreement that commits the buyer and seller to the sale of the property. It prevents either party from just walking away or making any unreasonable demands of the other.
It sounds so sensible and straightforward that you'd think all estate agents insist on it. But this process is all too rare, even though it has been proven to work and is popular with buyers and sellers alike.
To find out more about our popular Buyer Information Packs and Reservation Agreements, click here.
