Selling your Spanish Home: The Process
and Free Tips
Our Role
 The first part of the selling process is a visit
from one of our experienced team to carry out a valuation of
your property. This is undertaken free of charge, at this point
we will also inform you of the marketing activities we will
put in place to sell your home.
If you are happy to proceed with us and agree
with our terms & conditions we will ask you to sign our
Customer Instruction Form. If we do not sell the property you
will not be charged!
Subject to your approval we would erect one of
our "Se Vende signs" placed in the most prominent
position. We believe that it is important that every opportunity
is taken to promote the sale of the property with the aim of
reaching the maximum number of potential buyers.
After your instruction to proceed we will endeavour
to have your property on our website within 24 hours with full
details of the property accompanied by digital coloured photos.
These details will also be presented in our shop display and
issued to the various Publications we advertise with.
All potential buyers are fully qualified by us,
before they view your home, and we provide feedback and comments
from them shortly after their visit.
If a buyer puts forward an offer, we will check
their credentials with the appropriate agents and solicitors,
so you know you can take our advice to accept or reject with
confidence. Our aim is to achieve the best possible price for
your home.
When an offer is accepted, you can instruct your
solicitor or if you do not have an exist one, we can recommend
a local independent solicitor for you. All parties involved
are informed of your decision. You are assigned one of our in-house
co-ordinators, to liaise with all the solicitors, mortgage brokers
and other agents and to keep all parties informed of what is
happening. After all mortgage offers have been received and
the solicitors have completed the legal work, we can negotiate
your moving date with all parties. All monies are transferred
at the Notary on completion day and your keys are released.
Whatever you reason for moving we will
make it as stress-free as possible and you can have the assurances
that you are dealing with a company that understands the importance
of the decision in selling your home.
The following 'Free Tips' are offered
as a guide and is by no means exhaustive:
Who do you think may buy your
property?
The first step to selling your property quickly and painlessly
is to consider your target market. Who do you think might buy
your property? Then try to tailor your space to appeal to the
main group without alienating other groups that might also be
interested. So if you feel a professional couple would be ideal,
then turn the 2nd bed/office back into a bedroom and make a space
for a workstation elsewhere in the house. This will ensure that
the house would still appeal to a young couple with a small child.
Spring (Feb/Mar) and Autumn (Sep) are the key times to sell your
property when traditionally demand outstrips supply and therefore
prices are usually at their most buoyant.
De-Personalise
Potential buyers need to imagine themselves living in your house,
so get rid of ornaments and photos - especially posters in kids'
bedrooms. Put things you don't really use on a daily basis in
the attic or storage. Large pieces of furniture should also go
into storage; this will make rooms feel much bigger. Focus on
the hallway - clear away coats/clutter; the bathroom - hide all
your products; and the kitchen - clear the bench surfaces of appliances,
jars, tins, etc, and replace any ragged tea towels or smelly bins.
Refresh
A fresh coat of neutral paint, and a couple of new kitchen doors
can do wonders to smarten up a tired-looking property. If you
can't stretch to re-tiling in the bathroom, re-grouting should
bring it up new. The same effect can be achieved by installing
matching chrome fittings; replacing broken light bulbs; re-painting
the front door; ironing sheets in the bedroom; taking down any
heavy dark drapes; installing up-lighters in the living room for
subtle lighting; and strategically placing flowers throughout.
Clean
If you'd rather not re-decorate, it is still essential that the
house be spotless. Getting industrial cleaners in to really make
the place sparkle will be money well-spent; have the sofa covers,
oven and windows cleaned. Pay special attention to the kitchen
and bathrooms, which need to be inviting and hygienic; finish
up with a new loo seat; fresh white towels; and a strategically
placed plant or two. Watch out for over-stuffed wardrobes - yes,
people do look in them to check the amount of storage space -
so clear them out. Finally, the garden is now seen as a additional
room, so be sure to make your garden feel like a great space for
entertaining and relaxing.
Instructing an Estate Agent & Solicitor
You'll want someone you can relate to personally; someone who
is very active in the local market; and someone who is keen to
sell your property and has fair agreement. Preparation is key,
so it's a good idea to instruct a solicitor to prepare a draft
contract and apply for the (escritura) title deeds, while you
pull together all your own paperwork on the property - that is,
all building certificates for any structural building work carried
out, and any valid work guarantees etc.
Fees
Given Estate Agents' fees, it's cheaper to sell sole-agency rather
than multi-agency, so we recommend staying with one agent for
the first 4 weeks, and giving them the best chance and motivation
to sell your property fast. Also, ask your solicitor to fully
explain all costs associated with selling. Finally, find out from
your mortgage lender whether you will be hit with any redemption
penalties. Then you'll know at what price you can afford to sell.
Valuations
Valuing property is not an exact science and many factors are
taken into consideration. Agents don't charge for valuations,
so try to get 3 as a minimum.
Viewings
Everyone knows that first impressions count, and you'll want the
house to appeal to as many people as possible; the more people
there are who like the property, the higher the selling price
should be. So sweep up, and make sure the front yard and hall
to your house are tidy and inviting. Leave the pets with a neighbour,
and thoroughly clean up any cat hair in particular, as many people
are allergic to animal hair. Turn the lights and heating on; air
out the house; and don't smoke or cook a curry before viewings.
If you've got parking, leave the space free for the buyer - this
will add to the whole experience.
Assessing the Buyer
The person who offers the highest price is not always the best
choice. Listen to your agent's advice on buyers, and push your
agent to find out as much about the buyers' circumstances as possible.
First, how are they financing the purchase? Cash buyers are best,
but if they are raising a mortgage ask to see a mortgage 'in principle'
letter from their lender. Are they first-time buyers? If so, they
will need some handholding by the agent. Do they have a related
transaction? If they have something to sell, then it should be
under offer before you take your property off the market. Also,
find out about any forward chains that could complicate agreeing
completion dates further down the line. Additional purchasers
and buyers returning to the market are usually good news - as
long as their finances are in place, then there should be less
potential hurdles here.
Offers
Your agent will be the middleman and should present every offer
that is made. Insist that the agent has all the background information
to hand on the buyer's position, and the ability to move quickly
and ask that offers be made in writing. Market conditions, competition
and how much the buyer loves the property will determine what
the buyer is prepared to offer. Similarly, the price you will
be prepared to accept will depend on market conditions; how quickly
you need to sell; and the size of your moving budget. Compromise
on both sides is often the key to securing a deal. Also, know
whether you want to keep all your furniture, curtains and white
goods, as many of these items may not suit your next home, and
can be used as effective bargaining tools to get the price you
want.
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