FAQ
The FAQ’s below help convey how simple it is to sell a property whilst remaining “hands on”. The only reason selling a property is historically stressful is because the buyer and Vendor are traditionally kept in the dark. Take control of your sale call us on +441892540000
Property Listing Quality Process
Property Listing Quality Process
It is simple to create a great looking property listing with Listed By Owners however it is important to ensure your Listing reads well and conveys to the prospective buyer the essential information which falls into simple headings.
Accurate Information:
You should Provide comprehensive and truthful details about your property and hide nothing that would cause a willing buyer to change their mind. At long last estate agents are now required to be accurate, this requirement was forced on them by the recent amendments of the Consumer Protection Regulations made clear in November 2003. It was not adopted by choice but was thankfully imposed on agents. It’s a good starting point to bear in mind when considering your Property listing quality.
-
Part BInformation that must be shared for all properties, including:
- Property type
- Building materials
- Number of rooms
- Utilities, including broadband type, speed, and mobile signal coverage
- Parking
-
Part CInformation that only needs to be established if the property is affected by the issue, including:
- Flood risk
- Restrictive covenants
- Building safety, such as unsafe cladding
- Rights and easements, such as public rights of way and shared drives
- Conservation area inclusion
- Listed status
- Providing upfront material information
- Enabling buyers to make an informed decision before purchasing
Detailed Descriptions:
Write thorough descriptions highlighting what you really like about the property and how it works with your family and lifestyle. Don’t be afraid to improve the description using AI but do check the description is scrupulously honest.
High-Quality Photos:
Always think “could that image be improved with lighting, less mess or less furniture and perhaps give line of sight to the base of the walls to give the impression of space. Be sure to use clear, well-lit images that showcase the property’s best features. We would always suggest professional photographic images taken by an experienced professional will help.
Transparent Pricing:
Display a clear and reasonable price, if you anticipate charging additionally for some items be clear about this from the outset.
Contact Accessibility:
Ensure contact details are accurate and easily reachable, we provide the facilities on your ListedByOwners Property Listing to give a range of hours and days that work for you and also what you require from the potential viewer prior to arrival mindful that you will be meeting a stranger so asking for proof of identity is a good idea, making it clear you are sharing their information with family who may also be at the meeting. Ask about their own position, Under Offer, In a chain, out to waste a few hours on a Sunday etc.
Recommended Property Listing Quality Process
In addition to being Accurate as set out above include essential property information like:
Room sizes in Metric and Imperial, is the garden a sun trap ie south facing?
Amenities including the speed of broadband, the running costs related to utility bills, any work you had done on the property. Preparing this in advance will prevent any delays later on. For owners of listed buildings you should also consider that in addition to Building permission you also require Listed Building consent even if the work was in the Garden.
Neighbourhood details:- Schools, Transport links, Neighbourhood watch and local issues such as planned housing developments or other known pending significant change.
Energy performance ratings
Verify all information before publishing, when you have your EPC have a link to it in your Property Listing.
Update listings promptly if any details change.
For specific questions about your Listed By Owners Property listing quality process you are welcome to call us.
Preparing to Sell a Property
Preparing to Sell a Property is not daunting but it does require a lot of work. If you use an Estate Agent they are going to ask you to do this anyway and you will still have to pay their fee and await your turn to be updated.
What follows below is mainly the questions contained in the TA6 and TA10 documents we refer to later – relax it’s not difficult
What is “Material Information” in property listings?
Material information is essential details that the average buyer needs to make an informed decision to view a property. It includes both positive and negative information, such as asking price/rent, deposits or tenure, council tax banding, physical characteristics, utility information, parking, building safety issues, restrictions, flooding or coastal erosion risks, planning permissions, accessibility adaptations, and mining issues.
What are the Material Information that Sellers need to provide?
The material information you should collate when Preparing to Sell a Property is outlined below.
- Title Deed to the property
- Lease or leases
- Council Tax bill/ Domestic Rates bill (NI)
- Details of your utilities: Electric, Gas, Water, Broadband, Sewerage
- Details of and issues with mobile coverage
- Parking availability
- Mortgage or insurance availability
- Whether the property has flooded in the last five years
- Details if your property is at risk of coastal erosion
- Details of building safety issues
- Details of previous flood events
- Mining information
- Planning permissions which could affect your property
If you own a listed building and have undertaking building works then you also need “listed building consent”. Most local authorities will give this as it should have been done at the time of the building application - Property accessibility adaptations
These are the material information fields that you as a Vendor should when Preparing to Sell a Property as you will need to provide this to property agents to ensure transparency and informed decision-making for potential buyers.
You should also prepare the TA6 and TA10
TA6 Property information form (5th edition) (2024)
This form is for the seller to give the prospective buyer detailed information about the property.
TA10 Fittings and contents form (3rd edition) (2013)
For the seller to identify what’s included in and excluded from the sale price. You’re likely to need a TA10 for every purchase.
You can read more about these here https://www.lawsociety.org.uk/topics/property/transaction-forms , we suggest you obtain the forms from your conveyancer for example https://Threemo.co.uk
It may seem a little daunting however YOU WILL END UP COMPLETING THESE TWO DOCUMENTS EITHER WAY
Do I need a Solicitor
If you have the skills, and do not have a mortgage then you could do it yourself but we would not recommend doing so.
You wouldn’t be permitted to do this if the property is mortgaged – lenders will require a solicitor or licensed conveyancer to be appointed to deal with the repayment process (also known as mortgage redemption).
What options do you have if you want to sell your house without a solicitor?
Retain a licensed conveyancer instead of a solicitor
In England and Wales you can choose to have a licensed conveyancer deal with the sale of your property.
Solicitors and licensed conveyancers are both regulated legal professionals who are well equipped to deal with the legal work required in the selling and buying of a home, there are a few differences between the two. It’s important for you to familiarise yourself with these when deciding which legal professional to choose.
- The two professions are governed by different regulatory bodies. The Law Society for solicitors and the Council for Licensed Conveyancers (CLC) for conveyancers.
- Solicitors are required by law to disclose any referral fees they receive from estate agents or other bodies, conveyancers have no such legal obligation.
- Licensed conveyancers are not limited in their ability to act on both sides of the transaction as solicitors are.
- There can also be a price difference between solicitors and licensed conveyancers.
- As with anything, it’s important you do your research and find the best deal. For those who are particularly tight on cash or your property is of standard type, condition, location then a conveyancer could be a good option.
- We have a modern Conveyancing service that we are very proud of for reasons that will become clear in the link below.
https://listedbyowners.co.uk/revolutionary-conveyancing/
Tips for Selling a home
Tips for Selling a home – if you take this on board you will achieve your sale at a lower cost and stress level.
First impressions count
Kerb appeal create a great first impression – most buyers make up their minds in the first few minutes of arriving at a property. They will probably go past before deciding to come in.
The most important features for kerb appeal are well maintained windows and a roof that appears to be in good condition. A well maintained tidy front garden, maintained pathways and good fences as well as a well-painted frontage are equally important.
Fresh Paint and choose the colours with care
Giving your windows walls and doors a touchup of neutral paint will make your home seem lighter and bigger
It will enables those viewing to easily imagine how they would adapt the home to their needs. Your choice of lime green skirting and Royal Blue painted walls may not be the first choice of your potential buyer so consider neutral colours such as Beige, cream, magnolia etc.
Declutter – but don’t depersonalise
Get rid of all the excess items, paperwork, old magazines, either put it in storage, take it to a friend, sell it or give it away. Try to give line of sight from the doorways to the furthest point in the room at floor level, if you can see lots of floor the perception is the home is larger.
People need to be able to envisage how the property could look if they were living there so make it easy for them to see all the great living space and potential for comfort you are offering them.
Some people are buying into a lifestyle as much as a property, showing them the attractive side of your home and how it supports a relaxed lifestyle, perhaps you have smart home technology in use that makes life easier.
Consider removing any oversize furniture that makes a room feel small and replace it with smaller items of furniture
Obvious Maintenance
Do any minor repairs that are required – holes in walls, cracked tiles, torn or threadbare carpets. Many buyers want to move in without making changes.
Clean everything until it sparkles, remove any signs of limescale, bleach clean and repair the tile grout, hang up fresh towels or remove the ones you used that day. This will make the place more appealing and allow viewers to imagine living there.
Tidy up the garden
Mow the lawn, trim bushes back, clean the patio and furniture of lichen and dirt. While this doesn’t add much value to your home it makes it more likely to sell as people visualise themselves using the garden.
Smells
Even a chain smoking chef who owns a cattery and kennels is going to be put off your home by smells of food, your Pets or the smell of smoke. It’s possible that we all become “Nose blind” so if there is any doubt ask someone you know to be totally honest with you – just in case.
During the Viewings
Let the kids go and see their friends, remove the pets, turn off the TV and Radio and if you have any other distractions see how you can mitigate the impact it could have.
Allow the buyer to ask questions, give precise short answers and try to let them do 80% of the talking with you being there to service their interest, there is no point explaining about how that wardrobe came from your aunt who swam the channel in 1922 – their are not interested.
Paying for a Valuation
Paying for a Valuation is not always necessary. Our easy to use valuation tool takes the guesswork out of determining the price for your property, empowering you with accurate insights and helping you avoid unnecessary delays in the selling process.
Property Valuations:
Your local estate agent may appear to be the obvious first step as they tend to have hands-on local experience. We understand that determining the value of your property is a crucial step in the selling process. Unlike some agents who may inflate valuations to secure listings, we rely on research and data-driven insights and give you access to the same tool the agents use.
Unlock the Power of HM Land Registry:
In the UK, every property sale is meticulously recorded by HM Land Registry. This invaluable resource allows us to provide you with a precise valuation based on real sales data. If your neighbour’s property has a higher valuation, it could be due to size or superior features. On the other hand, your conservatory or scenic views may contribute to a higher valuation for your property.
Avoid Unrealistic Valuations and Disappointments: Estate agents often present unrealistic high valuations to appeal to your vanity to secure the listing. This tactic often leads to disappointment and delays, as the agent later blames the inflated price on you, ultimately reducing it to achieve a sale.
Our online valuation tool eliminates this uncertainty by pulling accurate sales data directly from HM Land Registry, ensuring a realistic and transparent assessment of your property’s value.
Key Features of Our Online Valuation Tool:
- Accurate Data: Our tool sources information directly from HM Land Registry, providing you with real and up-to-date sales data.
- User-Friendly Interface: Easily navigate the online tool to input key details about your property and receive an instant, accurate valuation simply enter your postcode with a gap in the middle. https://listedbyowners.co.uk/search-by-postcode/
- Transparent Process: Understand how your property’s value is determined, giving you confidence in the pricing strategy.
- Save Time and Avoid Delays: Skip the lengthy process of waiting for an estate agent’s valuation by using our efficient online tool.
List with Confidence:
Armed with a reliable property valuation, you can confidently list your property for sale, knowing that the price is backed by accurate data. Additionally, our commitment to low-cost, professionally regulated conveyancing ensures a seamless and cost-effective selling experience for you.
Don’t let uncertainties and inflated valuations hold you back. Take control of your property’s pricing strategy with our user-friendly online valuation tool, and embark on a successful and hassle-free selling journey.
Viewings
In some cases it could be to your advantage to pay someone else to show around prospective buyers, after all how would you handle a comment that was negative about your kitchen, the wall paper or the state of that garden. A stranger would be impartial and could easily overcome the objections.
David is said to have slain Goliath with the jawbone of an ass, many sales have been lost with the use of the same implement, if you are confident you could remain impartial you may want to show some people around before paying someone else to do it for you.
Best wishes for a timely sale at a good value.
Marketing Ideas
- Be Social
- If you are not familiar social media and need a hand then either engage the help of a family member or friend or we can offer you some assistance.
- Once your listing is created be sure to share the heck out of it regularly on Social Media, Facebook, Linkedin, Twitter and Instagram, Pinterest etc. Ask your family and friends to get behind you and perhaps offer an incentive to the person who finds the buyer or achieves the most shares.
- Facebook selling sites in your area want content, whenever you share your property ASK FOR SHARES
- Once your listing is live why not recount happy events at your home with images of parties that you share on social media with a link back to your listing.
- Your local radio station and your local news paper are interested to hear about innovative or creative things that are happening locally, give them a call and sound upbeat, about the considerable savings you stand to make and who knows what could happen.
- Great Images
- It’s worth having the best images you can afford, we let you include up to 48 images which is far more than most Estate Agent allow, we also include space for a link to YouTube and of course virtual tours can be included
- What’s it like living in your area
- Describe things to see and do, great schools, local amenities such as shops, Cinema, Churches and medical facilities
- Who would buy your place and what are their requirements? Disabled friendly, Elderly and looking for flat level walks and somewhere to store their mobility vehicle?
- What about the availability of Auto gas and EV charging points.
- How far to Tesco, Waitrose, Lidl and Aldi?
- Are there local parks for the children to play
- Working age commuters – where is the nearest station and how long to reach that City.
- Virtual Tours work
- We can arrange for your home to be presented like this for a modest price, please email us for a quotation detailing the size of the property.
- Three bedroom home https://my.matterport.com/show/?m=kZU5B4WVzAx
- 11 Bedroom home https://my.matterport.com/show/?m=2EQQw9AiVaR
- We can arrange for your home to be presented like this for a modest price, please email us for a quotation detailing the size of the property.
- Partner with local influencers, that person who runs the local online newsgroup, the Parish councils, School newsletters and even the local estate agents who should know you are on the market as they could do a deal with you if they find a buyer.
Commercially Sensitive?
When it comes to selling a some types of property maintaining confidentiality may be a consideration or perhaps you are at early stages and want to adopt a low profile approach to marketing.
Our discreet approach enables you to list your property for sale without attracting the attention of search engines or potential guests. By strategically managing the information shared, you control the narrative, ensuring a smooth and confidential transition.
Key Strategies:
- Private Listings:
Avoid publicising your property by creating a password protected private listing.
Exclude the property name from the listing text. - Establish separate Facebook and Instagram accounts dedicated solely to marketing the property. Keep these accounts distinct from your personal or existing business profiles, maintaining confidentiality.
Compelling Storytelling:
- Craft a narrative emphasising the profitability of your property and the appealing lifestyle it offers.
- Express a desire to hand over the reins to the right individuals or company in the future without specifying a date.
Strategic Timing:
- Minimize the risk of affecting immediate bookings by postponing any public announcement until you’re ready.
- If necessary, adjust the transition date without compromising the integrity of your listing.
Selective Sharing:
- Share the listing only with trusted entities, such as local hotel associations, economic regeneration teams, or recently successful property agents.
- Exercise control with regard to distribution of the listing ensure confidentiality.
Negotiation Leverage:
- By discreetly creating a compelling listing, you gain a stronger position to negotiate fees and commissions in the event you decide to collaborate with a agent.
- Control the narrative to your advantage during discussions with potential buyers and agents.
Confidential Consultation:
If you’re considering this discreet approach and wish to discuss it in confidence, our team is ready to assist. Feel free to reach out for a confidential consultation to explore the possibilities of a seamless and confidential property transition.
We understand the importance of maintaining privacy throughout the sales process, and our discreet strategies are tailored to ensure a smooth and controlled transition. Contact us today to begin the journey towards a confidential and successful property sale.
Virtual Viewings
Virtual Viewings of Property
Reach more people in a shorter time when you elevate your property profile by taking on modern ideas such as “Virtual Viewings”. The intention is always to get a prospective buyer to come and see your property.
While traditional estate agents may provide a comprehensive service, our innovative approach empowers you to take control, all at a significantly lower cost.
Why settle for hefty fees that traditional agents charge to cover their unsold properties? Our streamlined service ensures you only invest in what matters – showcasing your property in the best light possible.
Key Benefits:
- Cost Efficiency: We understand the value of your investment. By using a Virtual Viewings, you gain access to a wider audience without breaking the bank. Say goodbye to inflated fees and hello to cost-effective property marketing.
- Tailored Solutions: Virtual tours and exceptional photography are just a click away, opening a world of possibilities for your property. You may be able to get assistance from these suppliers https://listedbyowners.co.uk/great-images/
- Local Collaboration: We work with local suppliers to you to ensure that your property stands out in the market. Our commitment to local partnerships ensures a personalised touch to your property marketing strategy.
Ready to take charge of your property viewings? It’s time to embrace a new era in real estate with our Assisted and Virtual Viewings. List your property with us and experience the difference – where cost-effectiveness meets exceptional service. Your property journey begins here.
Can I display a For Sale Board
Can I display a For Sale Board is a common question, our For Sale Board is unlike any you have previously seen.
Our for sale boards work for you to the exclusion of any other property, read this article below and you will appreciate the difference.
You can order a board from us that can have the phone number of your choice on it at no additional cost
Do I need an Estate Agent to sell my property
Do I need an Estate Agent to sell my property?
Perhaps not, if you are confident you could show someone around your home and correctly identify the various rooms 😉 Perhaps you are just nervous about doing this alone, you don’t have to do anything alone but the objective here is to sell your property without overpaying for the service. If the idea of creating a listing yourself and sharing it on social media appears daunting then let us help you.
Compare selling a £400k property with an estate agent at £7,200 to paying a couple of hundred and it makes sense.
Choose Consultancy over Traditional Commission Models?
At Listed By Owners, we believe in empowering property sellers with flexibility and cost-effectiveness. Our consultancy-based approach is available if needed and provides a refreshing alternative to traditional commission structures. By agreeing on an hourly rate for professional services for example help with marketing, you gain control over costs, ensuring transparency and fairness throughout the process.
The Listed By Owners Advantage
- Tailored Expertise: With our consultancy model, you receive personalised support from seasoned marketeers and property professionals. Their expertise is at your disposal to guide you through every step of the sales and marketing journey.
- Transparent Costs: Say goodbye to percentage-based commissions that leave you guessing. Our hourly rate system ensures clear and upfront communication about the costs involved, giving you peace of mind.
How It Works
- Initial Consultation: This is at no cost. Reach out to us to discuss your property sale goals and requirements. We will work with you to understand your unique needs.
- Agree on Hourly Rate: Unlike traditional models, we’ll agree on a reasonable hourly rate for the professional services you require. This transparent pricing model puts you in control of your budget.
- Personalised Guidance: Benefit from our extensive knowledge as we guide you through the sales and Marketing process. From property valuation to marketing strategies, we’ve got you covered.
- Conveyancing: Take advantage of our Conveyancing partners – list your property with us and enjoy access to low-cost, professionally regulated conveyancing services.
Partner with Listed By Owners for a Hassle-Free Sale
Experience a new era in property sales where transparency, cost-effectiveness, and expert guidance converge
Contact us to begin your journey towards a seamless and cost-effective property sale.
Do we need and Energy Performance Certificates
Energy Performance Certificates (EPCs) are required by law whenever a property is advertised for sale or rent (subject to exceptions e.g. listed buildings).
You can arrange for the EPC and floorplans with https://www.nichecom.co.uk/ for you giving you one less thing to worry about. Once ordered our local Domestic Energy Assessor will contact you within a couple of days to arrange a suitable time to assess your property.
All “reasonable efforts” must be made to ensure that an EPC is obtained within 7 days of marketing the property. (Where it has not been secured during that period, there is an absolute duty to obtain it within 21 days of the end of that period.)
What is an EPC?
An EPC gives Home Owners, Tenants and prospective buyers an assessment of a property performance rating in terms of its energy efficiency and environmental impact, to help reduce CO2 output.
EPCs assess buildings by giving them a standard energy and carbon emission efficiency grade from ‘A’ to ‘G’, where ‘A’ is the best and with the average to date being D/E.
EPC’s were originally part of the Home information pack (HIP), however the requirement for a HIP was suspended on 21 May 2010. The energy performance certificate was retained.
What can impact an EPC
A Domestic Energy Assessor will inspect a home before preparing the Energy Performance Certificate. The EPC contains information about:
a) The property’s energy use and typical energy costs
b) Recommendations about how to reduce energy use and save money
The EPC gives a property an energy efficiency rating from A (most efficient) to G (least efficient) and is valid for 10 years. The average score (sept 2014) is a low D/ high E.
How can I improve our Energy Efficiency Rating?
Prior to the assessment being carried out at your property, there are a number of simple and significant alterations that you may choose to implement in order to ensure that you receive the best rating possible.
Though you are less likely to benefit from or receive a return on your investment against the more significant alterations, remember these can be implemented in your new home and you may get a better price for this one so either way it’s a win win situation.
LIGHTING
Replace existing halogen or non-Low Energy Lighting (LEL) with LEL’s, Compact Fluorescent Light’s (CFL) or Light Emitting Diodes (LEDs) – simple and inexpensive to introduce.
ROOF INSULATION
Ensure that your loft insulation is at least 8 to 10 inches in depth – simple and inexpensive to introduce.
WALL CONSTRUCTION
If your property has a cavity wall construction, ensure that this is filled – simple and inexpensive to introduce. Funding may also be available as an efficiency measure it has a significant bearing on the EPC rating.
HEATING CONTROLS
Even if you have an old boiler, the introduction of modern controls such as a room thermostat, individual Thermostatic Radiator Valves (TRVs) and Boiler Programmer will have a positive bearing on the EPC results – simple but slightly more expensive to introduce. On older buildings consider movement detectors to operate valves to close off area’s that are not in constant use.
CENTRAL HEATING SYSTEM
Replacing an old, inefficient boiler will have a significant impact on any property’s EPC rating – significant alteration with high expense and longer payback period. Use as much pipe lagging as you can in the basement and other utility areas where you do not want the heat.
RENEWABLE TECHNOLOGIES
These cover a wide range of systems and technologies ranging from Solar / Photovoltaic panels, which generate hot water and electricity through to Bio-Mass boilers and ground source heat pumps that replace conventional central heating systems but can be up to 20X more efficient – significant alterations with a much higher expenditure, however virtually ALL Renewable Technologies are currently incentivised via government backed and guaranteed Feed-in-Tariffs (FITs) and will go on to provide domestic hot water and central heating at significantly reduced rates in comparison to many other systems.
Social Media Marketing of Property
Facebook is your friendly low cost marketplace.
Social Media Marketing of Property happens all the time, when you see someone share the listing they are also paying the estate agent to list perhaps ask why didn’t they try to sell it themselves.
Local for sale groups, property groups, community groups are all great places to share your listing. With every post be sure to include an obvious “Call to action” such as please like and share or Call me after 6pm be ware of scammers, some people prefer to make sure that any viewing is when you have a family member with you and you have verified the identity of who is arriving.
Prime your Warm market – Your friends will want to be seen to being helpful
You create two posts, The first post is for your friends and family to see, it explains that you are listing your property for sale. be clear about what you want everyone to do, you do not want “likes” you need actual “shares and Retweets” perhaps they are members of property groups or Parish groups, ask them to share the listing into the relevant groups they belong to, and then provide the written text for them to copy and paste.
THE SECOND POST is the one they should take action on.
You have created a listing on ListedByOwners, it already has great images, perhaps a video and a virtual tour, your EPC and floor plans are in there or you can add them later.
If you are on a mobile device it helps to write this in the Notes section and then simply copy and paste it when you are ready and send it to your friends using SMS/WhatsApp or FB Messenger.
URL LINK HERE TO YOUR PROPERTY
My friend is selling a really lovely property in ADDRESS HERE
It’s priced to sell and there are no agents involved, please have a look and if it’s not for you would you please consider sharing the listing.
These days property can change hands without needed an estate agent which keeps the costs down
#listedbyowners #detachedHomeCity #ForSaleByOwnersCity
Use obvious hashtags such as #listedbyowners or #CroydonDetachedProperty #BostaBlancaProperty to drive traffic, this is all about being seen.
Avoid spaces in multi-word hashtags
To create a hashtag from a single word, you only need to add the # symbol to the front. For multi-word phrases, you need to join all the words, so they become a single clickable link.
Adding spaces between the words will break up the hashtag, making only the first word clickable. That means your post is unlikely to show up in front of relevant users.
If you’re worried about readability, capitalize the first letter of each new word to make it easier to read. So #detachedproperty becomes #DetachedProperty
Your local youths may be better at social media than you, why not engage with them by contacting the local College (they often have media students and Tutors eager to engage in real world projects. Explain you have an opportunity the students could assist with. Even if you paid a blogger it is going to cost less than an estate agent.
Instagram
If you have nice images this is the place to be seen, if you don’t have nice images then get them, we have a list of professionals who can help you here https://listedbyowners.co.uk/great-images/ There will be many suppliers local to you who could assist.
Twitter or X as it is now
Social Media Marketing of Property on X can also drive traffic to your listing, this link could be of interest if only so you can see how online marketing can help you https://twitter.com/hashtag/houseprices?lang=en
The For Sale Board
Not all For Sale Boards are equal – they are primarily designed to raise awareness of the estate agent, once they have an enquiry the prospective buyer will also be shown other properties – this is covered in this article https://listedbyowners.co.uk/blog/introducing-listed-by-owners-for-sale-boards/
#SocialMediaMarketingofProperty
Safety Considerations
Screening potential buyers before you permit them to view your property is a great idea and less complicated than you would think.
Selling your home could mean you may end up showing around someone you do not know. We suggest that you ask for the full details for anyone who wants to view your home, if they are not prepared to tell you their full names address and contact details including email and phone numbers then are they really serious?
This article is a useful resource https://listedbyowners.co.uk/blog/screening-potential-buyers/
We suggest that before any viewings are arranged a two way dialogue has been achieved and you should feel comfortable about the viewing. If you are a single person why not invite a neighbour or friend around whilst the viewing takes place. For more on this subject please take a look at this page on the Suzie Lamplugh Trust website
Can I get help with Marketing
Yes, if you don’t have the time or don’t want to get involved we have a team able to share your property and drive traffic toward your listing.
The chances are your friends and family would be pleased to assist you getting the word out and increased local awareness is probably better than national promotions anyway.
Do we pay a commission when we sell
No, Nothing to pay at all to us, you already paid the listing fee at the time of creating the listing.
If you listed with an estate agent as well then you may be liable to a fee to them unless you had already negotiated a different agreement. The agents fee is usually paid as a disbursement at the time of completion.
Estate Agency terms
It’s your property take control
Typically there are three main types of Estate Agency contracts, stay in control and make the decisions that best support your needs.
Sole selling rights
Never agree to sole selling rights unless you’re 100% sure that you won’t find purchasers from your own efforts – this is a terrible agreement and will probably cause you problems if you find a purchaser from your own efforts, or you need to instruct another agent.
An example could be that a family member decides to buy your home, they have had nothing to do with the estate agent, and you will have to pay the agent their commission!
Sole agency
This leaves you free to sell privately by your own efforts without paying any commission, but not through another estate agent.
It means that you can instruct other agents, but if they sell the property, you will still have to pay commission to the original sole agent as well as paying the agent who sold the property. This is a dual fee situation you want to avoid.
If you do agree a sole agency basis with an estate agent then make sure it is for a limited period.
At the end of the period you can use one or more additional estate agents without the above risk.
Joint agency
If you want to use more than one agent, it’s perhaps best to enter into a joint agency agreement, whereby you instruct two agents. Both agents have to agree to this, and should agree to who gets the commission on the sale, which may be shared on differing percentages.
Multiple agency – Winner takes all !
A multi agency agreement means you can instruct as many agents as you like. Only the agent who comes up with a buyer earns the commission.
The fee for this type of arrangement will probably be the highest of all the options available since all agents will be investing in your sale at the risk of not being paid.
Instructing an estate agent
In the UK there are more regulations around flipping a burger than relate to how properties are sold. Estate agents are not required to have professional qualifications and they are regulated by a system that favours the agents hence the low reputation of agents.
Instructing an Estate Agent
- Never forget you are the instructing party. You do not have to sign the contract you are offered so read it through and watch for terms that bind you and not them.
A. In the 1980’s it was common place for contracts to state you have to pay their fee in the event of ‘our introducing a purchaser who is ready, willing and able to complete the transaction’.
You only want to pay a fee on Exchange if the deposit has been paid “As agent”, the fact that someone purports to have been able to proceed to completion is probably not good enough. You could be exposed to needless cost.
Be sure to use a “reservation agreement” to lock in the buyer. - Dual Fee exposure
A. Some agents still expect to be paid even if they did not introduce the buyer, this can be done by claiming they have influenced a purchase or just stating they expect to be paid even if they do not introduce the buyer! This letter from Which may help you refute a claim.
B. When you take on an estate agent make it clear you will not accept any risk of dual fees and have them include in the agreement a “Winner takes all” clause, i.e. they only get paid if they find the buyer. If two agents then argue over this it’s for them to reach an agreement with each other. - Do not accept unreasonable terms
A. Unreasonable is probably anything you consider to be unreasonable. If in doubt do not sign any agreement. A reasonable estate agent will want you to be happy. - Read the contract and cross out everything you don’t like. It’s your property.
- It is reasonable for an agent to have a clause that covers them in the event that a person they did introduce subsequently buys your property within a reasonable period – have that period clearly defined in the agreement.
- Watch out for the agent who expects you to take risks that feel uncomfortable such as incurring additional costs or cancelling planned events without seeing comparable commitment from the buyer.
How will I know what’s happening about Conveyancing
When using our Conveyancing team you can see where your sale and purchase is at 24 x 7 and you have a dedicated account manager available to assist you by chasing the buyer’s solicitor, accountants, estate agents when you do not have the time to do it.
Can I get help with professional images
Can I get help with professional images – absolutely, we would be able to put you in touch with a local professional photographer to assist. You would be responsible for their fees.
Hi resolution images are the way forward with the rooms being clear of clutter, perhaps some flowers and the windows open. You want to create a sense of “Wow I can see myself living there”.
What will it cost us if we do not sell
What will it cost if you don’t sell?
Your initial listing fee is all you pay us. Once you have your listing you can edit it as often as you need at anytime to change images or descriptions.
Did you pay for any assistance with marketing or images?
If you lack the time and skills to do any marketing online there are simple low cost ways to get additional exposure for your property which will no doubt end up costing you far less than traditional ways of selling your property.
Our Revolutionary conveyancing will not charge you any legal fees if your sale does not complete as long as you are not the one who caused the sale not to proceed by altering your terms of instruction.