Selling your home can feel like steering a ship through uncharted waters. But fear not! Understanding the key stages of the selling timeline can transform a daunting journey into a smooth sail. Here's what you need to know:
1. Preparing Your Home
Before you hoist the 'For Sale' flag, ensure your ship is shipshape. Declutter, clean, and make minor repairs to create a welcoming first impression. A well-prepared home is your best first mate in attracting buyers.
2. Listing the Property
With your home gleaming, it's time to list. This involves capturing professional photos, crafting engaging property details, and marketing across key online portals. A strong listing is your beacon to potential buyers.
3. Viewings and Offers
As buyers come aboard for viewings, offers may start to flow. The timeline here varies, but a well-presented home can speed things up. Once a suitable offer is on the table, you're ready to navigate to the next stage.
4. Sales Progression and Conveyancing
Accepting an offer sets the legal gears in motion. Your solicitor or conveyancer will draft contracts, handle enquiries, and manage local searches. This stage requires patience and clear communication.
5. Surveys and Mortgage Arrangements
If your buyer needs a mortgage, their lender will arrange a survey. The buyer might also commission their own. Be prepared for potential delays if issues arise.
6. Exchange of Contracts
With all checks complete, contracts are exchanged, making the sale legally binding. A completion date is set, and the end is in sight.
7. Completion Day
On this day, funds are transferred, and keys are handed over. Congratulations—your home is officially sold!
By understanding these stages, you can navigate the selling process with confidence. And remember, at Bond Residential, we're here to guide you every step of the way.
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