Selling Guide

Step 1. Valuation

LREO like to keep our sellers as included in the process as we can, which is why we conduct an initial consultation with you to ensure we understand your timescales and your price expectations at every stage of the purchase. We then conduct a thorough valuation on your property, which takes into account your requirements, as well as current market values.

Step 2. Viewings

Your dedicated negotiator will handle all viewings on your behalf, and our expert team can also advise you on ways to add value to your home, including dressing or staging, making minor alterations or any cosmetic work or painting that may be advisable prior to going to market.

Step 3. Receiving offers

We will discuss all offers with you, including the applicant’s position, whether they are in a chain, an investor or a cash or first-time buyer and their timescales. Depending on your decision, we will take your instruction and promptly inform all applicants of the outcome.

Step 4. Surveys

Once the offer has been accepted, the purchaser will arrange one or more surveys on the property. Be warned that depending on the surveyor’s findings the purchaser may revise their offer or withdraw from the purchase, but LREO will be on hand at all times to advise you on the process of your sale.

Step 5. Negotiate draft contracts

This is the point that all the negotiations are settled, final purchase price, fixtures and fittings included in the sale and the length of time between exchange and completion and any other pertinent points agreed between the parties.

Step 6. Exchange contracts

Once negotiations are complete and agreed, both parties’ solicitors will sign and exchange the draft contracts and the purchaser will pay the deposit. From this point on, both parties are now tied into the sale. If the purchaser withdraws they will forfeit their deposit.

Step 7. Completion

By now, you should have commenced your onward move and vacated the property in readiness for completion of the sale. Take final meter readings and leave all your house keys with your negotiator so they can release them to the new owners. We’ll let you know once completion has taken place and the funds have been safely received.