Page 7 - Hogg and Hogg

The Selling Process
...a step-by-step guide
Choosing an agent
An estate agent should always be on hand to give sound advice. At Hogg & Hogg
we believe in providing an exceptional service along the path to getting your property sold. We care about long-lasting relationships and thrive on personal recommendation. Unlike some other agents, we are not an agent that will simply put your property online and
hope for the best. We are experts at what we do, with over 60 combined years of experience. Honest conversations are
a must, but difficult to come by these days. At Hogg & Hogg, we will offer you professional, experienced and sound advice. You can expect nothing but the best advice and support from us.
Marketing and EPC
After you have decided on an agent and agreed a marketing price you need to commission a Domestic Energy Assessor to carry out the Energy Performance Certificate (EPC). This is a legal requirement and a property cannot be sold without one in place. They last for 10 years, providing no structural work has been carried out. So, you can use
the existing EPC if there is one. At this stage, your home will be fully marketed to reach all potential buyers, from the leading property websites right through to social media.
Finances
If you are buying a property as well
as selling, it is a good idea to see an independent financial advisor sooner rather than later. They will help you understand how much you can afford and also help you work out the cost of moving more accurately.
Viewings
As soon as you are ready and your
house is spick and span, the viewings will commence. First we fully register and check all out applicants to determine their
financial capability and motivation. Try to be as accommodating as you can with viewings. The last thing you want is for a prospective buyer to view something else instead and forget about yours because they couldn’t view at a time suitable
to them. At Hogg & Hogg we always accompany all viewings and are happy to fit in to times that to suit everyone else. Don’t forget we are available 8 ‘till late.
Offers and agreeing a sale
Once an offer is received we will liase between you and your buyer to achieve the best possible price. When this price has been agreed, we will contact all the other estate agents, if applicable (e.g. there is a long chain of people moving homes), to confirm details and any preferred timescales.
Conveyancing
Hopefully you will have already instructed a solicitor but if you are unsure which solicitor to use, we can recommend well respected and trusted local solicitors.
We will obtain the solicitor details from your buyer and issue all parties with
a memorandum of sale, which states the names of buyers and sellers, their solicitors, the agreed price, and any other conditions. At the same time
as instructing the solicitor to start the conveyancing process, the buyer’s mortgage application will be submitted and survey paid for.
Exchange and Completion
Once mortgage offers have been received and both solicitors are happy, a date
will be agreed to go in and sign papers
to exchange. At this point the buyer
will make a non-refundable deposit to the solicitor and you will agree on the completion date. As soon as we have been notified by the seller’s solicitor that funds have cleared we can release the keys!! Sometimes this may happen later in the day, but usually around lunch time.
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