Will I receive feedback?
At David Andrew we assure you that you will always receive honest feedback after all viewings at your property. Communication is crucial throughout the sales process and at least once a week you will receive an overview of all the viewings that have taken place.
I have not found anywhere yet, should I put my property on the market?
This is a question we are frequently asked. Many vendors fear the pressure they may be put under if they agree a sale when they have not yet found their next property to buy. As your sales agent it is our job to be transparent with all potential buyers and to explain that you need to secure your next home before you will vacate. In terms of your search you will be in a much stronger position if your property is on the market and as soon as a sale is agreed we can liaise with the agents working with you on your purchase to give them confidence about your ability to proceed.
How do I consider the best offer from a buyer and how do you qualify them to make sure that they have the funds to proceed?
All offers have to be confirmed in writing and we ask that potential buyers complete an offer form with a number of questions that help us qualify them. If the buyer requires a mortgage we will ask for written confirmation from their bank, financial advisor or our independent brokers to confirm that they are able to purchase at the level of their offer. In addition we ask for written proof of funds in terms of deposits and cash offers. Once we have all this information we discuss the merits of each offer with you so that you can make the decision based on the facts available.
When should I instruct a solicitor?
We always recommend that you instruct a solicitor when you put your property on the market. This allows time for your solicitor to gather all the necessary documentation to draw up the contract so that we don't lose any momentum once we secure you a buyer.
Will my property remain on the market if I accept an offer?
In most circumstances we recommend that the property is taken off the market and shown on websites as 'under offer' in order to allow the buyer a period of time to prove their commitment to the purchase. We monitor all sales closely and expect solicitors and surveyors to be instructed quickly, should we have any cause for concern we would contact you and discuss putting your property back on the market until further progress was made.
What legal proceedings are involved?
Once a sale has been agreed and both seller and buyer have appointed a solicitor we will issue a Memorandum of Sale and the conveyancing process will begin. Should either party need assistance we can recommend solicitors that we work with regularly and trust. Throughout the legal process we liaise with both sides and keep the seller and buyer fully updated. Our experienced agents aim to anticipate potential problems and provide solutions in order to successfully conclude the sale.
Will my buyers require a survey?
The majority of sales involve a survey. If your buyers require a mortgage at a minimum there will be a valuation on behalf of the mortgage provider. Depending on the type of property being sold there may be a more detailed survey, either a Homebuyers or a Full Structural survey. Once the survey has been carried out we will update you with the results as soon as possible and discuss any issues that may be contained within the report.
How quickly can my sale exchange contracts?
This is another question that we are frequently asked and it depends on a number of factors. Is there a chain involved? Does your buyer require a mortgage? If you, as our vendor, need to meet certain timescales we will aim to secure a sale with a buyer that has the ability to meet those. To ensure the speediest conclusion instructing solicitors and surveys at the earliest opportunity is paramount.
When do we have to pay your fees?
Our commission, as outlined in our contract, becomes legally binding on exchange of contracts and payable once completion of the sale takes place.