Challenges To Consider When Selling Your Home In 2024
Published: 04/03/2024
Selling a property is one of the biggest and most stressful processes you can go through. This is mainly due to the range of potential problems that may occur, whether they’re big or small.
It is important that you consider this when deciding to sell a property, and to be aware of the potential pitfalls that you may face.
We look at some ways you can try to avoid this from happening:
Picking the right estate agent for your property needs
First and foremost, you need to make sure that you pick the very best estate agent available when it comes to selling. Remember, the cheapest option isn’t always the best option!
As the cost of living currently remains high, you may be tempted to try and find the cheapest fixed-fee company, however when it comes to ensuring the best agent is picked, you should be considering performance and success rate as opposed to the fee.
Things such as those who sell properties for the highest percentage of the asking price, the best customer satisfaction ratings and very respectable quick sale time, from the time it goes up on the market to completion, should be the top of your list when comparing different estate agents.
Pick the best solicitors (we can help!)
You might have a fantastic estate agent in mind to help promote and sell your property as soon as possible, but without a good solicitor to match, you will still likely see your transaction taking a long time before completion.
This is where GWlegal can help! We have been providing a range of property-based services for over 39 years, including services with property purchase, sale, first-time buyer purchases, buy-to-let properties and remortgage.
Our friendly and experienced legal team are waiting to get you started today! To explore and discover more about our property legal team, solicitors, and the top-class services we provide, click here.
Consider the property chain length
The property chain is a nightmare situation for everyone involved, from the buyers and sellers, through to the estate agents and solicitors. The property chain is essentially the number of properties connected to your own sale. For example, you might agree to sell the property to a family who currently own a property and need to sell theirs first before completing the purchase.
Whilst this is very annoying, especially if you are looking for a quick sale, the chain is largely out of your own control, and regardless of how proactive you are, majority of the time you won’t be able to avoid any potential delays caused by other parties involved in the chain.
Getting all paperwork in order
An effective way to try and help prevent any potential delay from your side of completing the property sale, is to get all your paperwork in order. This includes paperwork such as gas and electrical certificates (if you have them) and warranties.
Missing documentation when a property has been put on the market is one of the common reasons a sale can be delayed weeks, if not months. So, it’s vital that you consider getting all this together early and ideally before you start the process of putting the property on the market. This will help ensure you’re ahead of the game and will help you speed up the process of the sale (from your side).
Make yourself available during sale process
Although getting your paperwork in order and finding the best estate agents and solicitors will play a big part in helping ensure the property sells as quick as possible, you also need to make sure you make yourself available and be as helpful as possible throughout.
Things such as being available and open to answer any questions potential buyers may have when they attend a house view, to providing the estate agents with as much information as possible so they can promote your property with the best description as possible. It might be worth trying to pre-book some days off work so you can be free to help with the viewings that get booked in etc.
Checking in with your estate agents and solicitors on a weekly basis is another way you can help, as you can ensure everything is going smoothly, and provide them with anything if and when they need it instead of causing any delays from your side.
How we can help
We can help you sell your property today with our experienced property team on hand, ready to provide our brilliant conveyancing services, including our combined sale and purchase deal.
For more information about our services, please don’t hesitate to contact conveyancing manager, Kerry Walker, on Kerry.walker@gw.legal, Teresa Abols on Teresa.abols@gw.legal, or Helen Bond on Helen.bond@gw.legal. Alternatively, you can call them directly on 0345 373 6130.
Who are GWlegal?
GWlegal are a property solicitors based in Liverpool, specialising in buying or selling, remortgage, declaration of trust, bridging and buy-to-let landlords.
If you have a legal matter you wish to discuss don’t hesitate to get in touch. You can call us on 0345 373 3737 email us hello@gw.legal with your question.
Who are GWlegal? We’re a national firm with local values.
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