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Selling Guide

You know how great your home is, but when you sell your property, you have to convince someone else. We’ve been selling property in London for many years, and we know what works. The selling process can seem complex, but we’ll use all our experience to make sure it runs smoothly. Here’s our quick guide to the main steps.

Valuation

With our extensive local area knowledge, market research tools combined with our experience of valuing London properties we are confident and sure to give you an ‘accurate’ and precise valuation of your property in today’s market. Our expert valuers carry out many valuations every month, giving us intimate and unparalleled knowledge of property values in your area.

Call us now on 020 7404 0039 or complete the valuation request form

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Instructing Tafaders

Once we have presented you with our valuation findings supported by comparable property prices, we will discuss with you current market activity and previous sales; upon instruction to Tafaders as your selling agent we will initiate the marketing of your property.

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Instructing a Solicitor

We recommend you advise and or instruct your chosen solicitor of your intention to sell. A successful sale can be reliant on the instruction of an efficient, experienced and prepared solicitor, avoiding delays in organising and collecting key selling documents when required.  We can offer recommendations if required.

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Presentation

First impressions count, presenting your property to its full potential is critical to a successful sale. Keeping your property clean and tidy is important when selling especially on viewings with potential buyers. Tafaders will arrange for professional photographers to take photographs, create floorplans and prepare comprehensive property particulars.

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Marketing

To find your perfect buyer you need to give your property maximum exposure across a wide range of media When you instruct Tafaders you will automatically benefit from our unrivalled, comprehensive marketing package, including: exposure on our website, full colour property details. Your property will be featured on rightmove.co.uk (the largest property website in the UK), as well as zoopla.co.uk, primelocation.com, telegraph.co.uk, homes24.co.uk, propertywide.co.uk and all other major portal. Our marketing team of specialist photographers will visit your property to prepare key marketing elements including:

  • Photographs
  • Floor plans

If appropriate we will erect a For Sale board at the property, as these are proven to be an extremely successful way of generating local interest.

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Accompanied Viewings

We will accompany potential buyers and investors through your property from room to room and use our expertise to help sell your property. Viewings are booked with sufficient notice to either yourself of your tenants and we will provide feedback after each viewing.

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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 to you and we will check the buyer's position to proceed before you decide whether or not to accept the offer. With each offer will discuss with you:

  • Price – the offer level put forward by the buyer(s)
  • Buyers position – whether the prospective buyer is in a chain, FTB (first time buyer) or an investor.
  • Your position – determining whether the buyers position is suitable to your selling needs, plans and timescale.

Ultimately, taking all the above into account the decision is yours and we are here to assist, negotiate and advise you through every step of the way.

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Accepting an Offer

Once you accept an offer we will do the following:

  • Ask you to confirm your solicitor's details
  • Prepare a memorandum of sale
  • Write to all parties to confirm the agreed price

Your property will be placed ‘Under Offer’ on the sales market.

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Draft Contracts

Your solicitor will send out a draft contracts to the buyer's solicitor who will then raise preliminary enquiries. At this stage you will also be able to agree on dates for:

  • A survey
  • Exchange of contracts and
  • Proposed date for completion
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Exchange of contracts

Exchange of contracts takes place when the following have been confirmed and agreed by both parties:

  • Preliminary enquiries following receipt of draft contract
  • Evidence of good title deeds
  • Local search queries are satisfactory
  • Specific issues highlighted in the Lease, if applicable have been satisfied
  • Fixtures and fittings to be included in the sale agreed
  • Buyer's mortgage offer confirmed

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 banker's draft by the buyer's solicitor to your solicitor. Once exchange of contracts and transfer of deposit is complete the completion date is set by mutual agreement.

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Completion

Completion usually takes place from a few days to a few weeks following after exchange of contracts, depending on the personal requirements mutually set by both seller and buyer on exchange. The residual monies (usually 90%) are transferred from the buyer's solicitor to your solicitor's account. Your solicitor will contact you with the good news, confirming completion has successfully taken place and funds have cleared and will also inform us to release keys to the buyer.

Congratulations, you have sold your property!

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