Selling My House What Really Happens During Valuations? s15ep4

S15 Show Notes

In this episode I cover the below as well as some snippets of conversations

  • Valuation: Get a professional valuation to determine a competitive asking price. Consider local property prices and market trends.
  • Estate Agents: Decide whether to use an estate agent or sell privately. Research agents’ fees, reputation, and the services they offer.
  • Home Improvements: Consider making minor repairs or improvements to enhance appeal. Fresh paint or tidy gardens can make a big difference.
  • Energy Performance Certificate (EPC): Obtain an EPC, which is required before you can market your home. It assesses the energy efficiency of your property.
  • Legal Considerations: Hire a solicitor or conveyancer to handle the legal aspects of the sale, including the sale contract and transfers of ownership.
  • Property Information Form: Complete the property information form accurately, providing details about the property, boundaries, and any issues.
  • Viewings: Prepare for viewings by decluttering and cleaning. Consider timing and how to present your home.
  • Negotiation: Be ready to negotiate with potential buyers. Understand your bottom line and be flexible where possible.
  • Offers and Acceptance: Once you receive offers, assess them carefully. Remember, the highest offer isn’t always the best if the buyer isn’t financially secure.
  • Chain Considerations: Be aware of any property chain involved. Delays can occur if you’re dependent on someone else’s sale.
  • Tax Implications: Understand any potential capital gains tax liabilities, especially if the property isn’t your primary residence.
  • Moving Logistics: Plan your moving logistics in advance, including timelines and hiring removal services.
  • Final Checks: Before completion, ensure all documentation is in order and that any agreed-upon repairs or conditions are met.
  • Market Timing: Consider the best time to sell based on market conditions and seasonal trends.
  • Personal Circumstances: Reflect on your personal situation and timing. Selling can be emotional and stressful, so ensure you’re ready for the process.

Resources:

Email Template to send To Estate agents.

Hello,

I would like to request a valuation for my property located at XXXXXXX. It is a three-bedroom terraced house with an upstairs WC (toilet/basin), a large loft storage room, a shower room downstairs, a spacious garden, and an external outbuilding/garage with rear access. The house is double glazed and centrally heated, with the boiler replaced within the last three years.

I am asking valuations with local estate agents for XXX and XXX, and these appointments will be on a first-come, first-served basis. 

If you are available on those dates between 9:00 am – 6:00pm, please let me know which time slot works for you, and I will confirm back.

I have invited several local agents to find the best fit to help sell my home:

Names of agents

Thank you!


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📣: The information talked about in this episode is not financial advice or recommendations. The information does not constitute financial advice or recommendation and should not be considered as such. I am not regulated by the Financial Conduct Authority (FCA), therefore not authorised to offer financial advice. Do your own research and seek independent advice when required.

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