Selling your house the right way is crucial to selling it quickly and for the money it deserves - read our guide to find out how to achieve your goal.
How to Sell Your House
How to Sell Your HouseSophie Dawson I 05th February
When is the best time to move?
Many people believe that spring is the best time to sell your house – but this isn’t always the case.
It’s true that the majority of homes are brought to the market between February and July, which means that buyers have the most choice at this time. However, it also means that in winter, properties can sell more quickly and for better prices, because there is less competition in the market. Ultimately, your own circumstances will determine the best time for you to sell your house.
Here’s our brief guide to the steps involved in selling a house:
1. Property valuation - what is your property worth?
How long it takes: 1 week
You can use the Preston Baker Instant Valuation tool to find out approximately how much your house is worth. However, to get an accurate valuation, your property will need to be fully inspected by one of our experienced valuers. Contact your local office for a FREE, no-obligation inspection.
2. Finding a buyer
Time: Preston Baker average 98 days without a Property Launch or 52 days with a Property Launch
Our instant marketing approach launches your property to the internet immediately after our professional photographer has agreed the brochure with you. By choosing our unique Property Launch service, you can accelerate your house sale and maximise the price you achieve.
3. Offer negotiation
How long it takes: 24 to 72 hours
Once we have received offers for your home, we will negotiate to get you the best price. Your decision on whether to accept an offer will be influenced by the level of the offer, the position of the buyer and how quickly you wish to move. We will do our best to verify the financial position of any potential buyers.
4. Sales progression
How long it takes: 4-12 weeks
From the time your offer is accepted to the day you move, our specialist Client Care Managers will guide you all the way. Their job is to keep you informed and to liaise with the other professionals involved, from solicitors to mortgage brokers and surveyors. We assign our most experienced agents to this role, as it is the most complex part of the house selling process - assuring you of specialist support to help everything run smoothly.
5. Moving day
How long it takes: 1 day!
There are two distinct phases at the end of ‘sales progression’: exchanging contracts and completion. At exchange of contracts, the house sale becomes legally binding as does the date of the move (completion date). Typically a 10% deposit is paid by your purchaser at this stage. On the day of completion, money is transferred from the buyer’s solicitor to your solicitor – normally by lunchtime. We will only release keys to your buyer once we have confirmation that the funds have been received by your solicitor.