It is well documented that, nationally, around 30% of all sales arranged fail to reach a successful exchange of contracts. Fortunately, our success rate is much better than this average!
However, the sales cycle can be frustratingly slow and the longer the sale takes, the greater the chance of it falling through. This makes it particularly important that your estate agent handles your sale with kid gloves. So we typically advise our sellers as follows:
- Preparation – Make sure your solicitor has put a legal pack together and prepared a draft contract as soon as you start marketing - in anticipation of finding a buyer.
- Be serious - Only accept a serious offer. Does the buyer have anywhere to sell, a mortgage agreed in principle and a solicitor lined up? A serious buyer will be prepared and won't want to delay.
- Don’t accept an offer exclusively from someone with a property to sell. By doing so you limit the saleability of your property to the saleability of theirs, and you lose control.
- Leasehold – Start putting your Management Pack together as soon as you start to market the property. Management companies can really delay the sale process, so put your pack together now in readiness for a new buyer.
- Sales Progression - Choose an agent with on-site sales progression where the negotiators already know you and your aspirations. There is nothing worse than having to start all over again explaining your circumstances to a stranger many miles away who doesn’t know you and more importantly, your property.
At Livermores The Estate Agents, we pride ourselves on our ability not only to deliver buyers to your door – but, more importantly, to make sure that your sale sticks! So you’ll find our agents don’t just walk away once the deal is done, but are fully involved in the whole sale process and will hang in there with you until the day you move.