Selling your home?
Selling your home, The Asset Property Services way. “Where the right moves “begin”.
At Asset Property Services we like to be organised and put a plan in place for each sale. See our sales process below.
From start to finish:
- After initial phone call between agent and seller we would arrange a visit to your home and carry out an initial walkthrough.
- At this stage, it is highly advisable you employ an efficient solicitor to handle the conveyancing (legal paperwork) process. It is very important that they begin their process straight away by seeking title deeds etc which sometimes can take a number of weeks to be processed if you currently have a mortgage. You should compile and issue your solicitor immediately with:
- NPPR, Household Charge and LPT receipts.
- Deeds if you are in receipt of them.
- Cert of discharge from Irish Water/Receipt of payment from group water scheme.
- Any planning permission details.
- If required we would give professional suggestions on how best you should display your property so as to obtain the best price for you. The agent may point out some issues regarding planning permission that may need to be addressed. This can be done by employing an engineer to put the correct certificates etc. in place. It is vital that such issues are sorted at this stage rather than waiting for a buyers engineer to spot them, which will only slow the process down by weeks. If there is an issue with planning, a structural problem or an extension built without permission for example, do not be naive in thinking that this will be ok, it will be found and will slow down and in some cases even stop a sale from been completed.
- After seeing the property, we will consider the property’s advantages and selling points and we will make a recommendation as to what asking price should be placed on your property.
- Seller-Agent contract to be put in place. (This is a regulatory requirement)
- Copy of sellers identification and one utility bill to be issued to Agent. (This is a regulatory requirement)
- If required, arrange a BER on the property before the property is marketed. (This is a regulatory requirement)
- Photograph property and take relevant details to build our brochure. If you like, a professional photographer can be arranged. If required, take inventory of property if contents are to be included in the sale.
- Advertise your property.
- Place For Sale sign at your home.
- Arrange and carry out viewings.
- Receive and record all offers which are relayed to you for consideration.
- On agreeing a price with the highest or most suitable bidder, arrange to take a booking deposit.
- Once a booking deposit is received, sales instruction letters are produced and are forwarded to both your solicitor and the buyer’s solicitor.
- Relay times and dates to you for the buyers bank valuer and engineer inspections etc.
- We would be intouch with your solicitor to keep up to date with how the conveyancing (legal paperwork) is proceeding. It is important that you too keep in very close contact with your solicitor to make sure they are keeping your file at the top of their list so as to achieve a quick closing date.
- Sale closes, Agent takes agreed fee from booking deposit and forwards balance to your solicitor with statement of account.
- Congratulations, you have sold up!
Avoid the “sales pitfalls”. VITAL TIPS FOR A SUCCESSFUL SALE!!
The residential sales process can be a bit of a mine field, often throwing up matters that can hold up or even block a sale from happening. Below are a list of issues that often come up during a sale. Please read through them and if you are able to check them off as been “done” or N/A, it could very well make the sale of your property go that little bit smoother.
- Employ an efficient Solicitor immediately, so as the Title Deeds etc can be requested from your lending institution if you have a mortgage on your home. A Vendor (The Seller) should have employed a Solicitor well before the property is put up for sale.
- To discuss with your Solicitor: If there is a mortgage on the property, is your Bank agreeable to the property being sold? Your Solicitor may require discussing other matters with you with regard to the sale, the sooner any relevant issues are sorted out the better.
- If applicable, have the following being paid and currently up to date?
- The previous NPPR charge(Non Principal Private Residence)
- The previous Household charge.
- Cert of discharge from Irish Water/Group water scheme(Charge paid up)
- If an apartment or your property is part of a management company, are management fees paid up to date.
- Septic Tank registration if applicable.
- LPT(Local Property Tax).
It is a good idea to furnish your Solicitor with receipts of the above as these will be required.
- Have you a BER on the property? Unfortunately, the property cannot be advertised without this document. Also, a residential sale cannot close without these being presented.
- Are all Planning issues, maps, boundaries, septic tank location etc. in order with the property? If they are not, they need to be addressed as soon as possible. An Engineer will be able to advise you on these matters….“Suggestion”… It is often a good idea to employ the Services of an Engineer to survey your property before you put it on the market for sale. They can often spot issues that a potential Buyers Engineer may query during the sales process (Often holding the process up for weeks sometimes). Having had your own Engineer inspect the property before marketing it for sale, you may be easily be able to rectify small to medium size snags before they become a “problem” during the sales process.
- Inform both solicitor and selling agent if you think or are aware that the property is a protected structure or there are any rights of way or easements on the property.
- If the property is occupied by a tenant please inform them the property is being marketed for sale and issue any relevant notice if they are to move out.