Residential selling guide
Selling residential property can be complicated and time consuming when you don’t know how or what you need to prepare. Our selling guide provides valuable information advising vendors how to make the selling process easier.
The following short guide is designed to give you a quick and simple summary on the process of selling your property. For further information and advice, please contact your local Frost office.
1. Accurate valuation
We offer a free, no obligation market appraisal and advise you on how to sell your home quickly and at the best possible price. Our valuations are based on current market conditions and demands and take local, key factors into account such as parking, local amenities, transport links etc. Contact your nearest Frost Partnership or complete our online selling valuation request form.
2. Appoint a selling agent
Once you appoint The Frost Partnership, we will act quickly to prepare the property particulars and take photographs. Your property is instantly sent to hundreds of active buyers looking for properties like yours through our Property Alerts service. Your property will be featured on our website and marketed on a wide selection of national and international property portals. Read more about Why choose Frosts to sell your property?
3. Instruct a solicitor
We can introduce you to one of our preferred solicitors who will act on your behalf throughout the conveyancing procedure. If you are moving on to a new home and require finance to be put in place, we can point you in the right direction for mortgage advice.
4. Marketing your property
The Frost Partnership offers a fully comprehensive and highly effective marketing platform. We regularly advertise in newspapers and magazines with a combined reach of 250,000 readers. Your property will feature on our website which is actively marketed internationally. We will instantly alert our database of active buyers looking for properties like yours through our Property Alerts service and we also promote your property on the most popular property web portals; OnTheMarket and Rightmove.
In addition, we send out a monthly digital newsletter, ‘A Touch of Frost’, which carries details of properties to buy and to rent alongside relevant industry news. This is sent to a growing recipient list of over 10,000.
5. Presenting your property
Remember, first impressions are vital - we give clear advice about what work is required, if any, to make your property stand out in the market place. Complete any DIY jobs that you have been meaning to do, add a fresh coat of paint and try to de-clutter to make rooms appear larger. And make sure that you give the outside of your property the attention it deserves to create the all important ‘kerb appeal’ to potential purchasers. Talk to us if you require more advice about presenting your property for the market.
6. Energy Performance Certificate
It is a legal requirement for the seller of a property to provide a valid Energy Performance Certificate (EPC) for their property before it can be sold. The EPC is then made available free of charge to any prospective buyer. The Frost Partnership can arrange your EPC.
We are here to accompany all viewings of your home although if you prefer to show people around yourself, then that is entirely your choice. We will organise every viewing providing you with frequent feedback and updates. Our offices are open 9am - 6pm daily and at weekends to maximise viewing opportunities. Contact or visit your nearest Frost Partnership office.
8. Contract and negotiation
As soon as an offer is received we will contact you to communicate full details of the offer along with any special conditions to help you decide whether or not to accept. There is no obligation to accept the first offer you receive. However, once you have decided to accept an offer, you will need to instruct a property solicitor/conveyancer if you haven't already done so - we can introduce you to one of our preferred solicitors who will act on your behalf throughout the conveyancing procedure. We will then issue a memorandum of sale detailing the specifics of the sale and circulate it to all parties.
The exchange of contracts is the point where a non-refundable deposit (normally 10% of the purchase price) is transferred over to your conveyancer/solicitor and all the legal work has been carried out, meaning contracts can be signed and exchanged. From this point both parties are legally bound to go through with the transaction. Your completion date will normally be set at this stage, around two weeks after the exchange.
On completion day, the balance of the payment is transferred from the buyer's solicitor to your solicitor's account. Once the money has been cleared, we will be able to release the keys to the buyer. Congratulations - you have just sold your home!