Selling

SELLING

Selling your home can be stressful so it is important to choose an agent you can trust who will make this process as smooth as possible. We at Biles & Co aim to eliminate the stress and make the experience as easy and stress free as possible.


WHAT TO DO NEXT

Buying or selling a home? Do you require a valuation/appraisal? Please contact Biles & Co for advice.


In the meantime, here are a few guidelines which we hope will assist.


APPRAISAL

Firstly, if you are selling, you will require advice on values for marketing purposes. At Biles & Co we can offer you a free, no obligation factual and accurate appraisal of the current market value of your home. Our experienced property valuers will provide you with a valuation based not only on their in depth knowledge of the Isle of Wight, but also utilising our extensive database of recent properties sold.


INSTRUCTION OF THE AGENT/PROPERTY DETAILS

Having received your appraisal, and provided that you are satisfied with it and with our marketing proposals and fees, we will then proceed to prepare full sales details of your property. Bearing in mind the importance of presentation, we will ensure that your sales details highlight the vital aspects of your property and ensure that your home is shown to its best possible advantage with the aid of full colour photographs, detailed floorplans and local information focused on location and lifestyle and the selling points of your property.


MARKETING

Once you have seen and approved our particulars of your property, you will then be in a position to receive prospective buyers. Appointments to view your property are made by Biles & Co with accompanied viewings and will be accompanied by one of our experienced team.


Your property is now ready to market and we offer the following:


FOR SALE BOARD

This is the most simple and effective marketing tool, available 24 hours a day and even in the age of social media surprisingly effective.


OFFICE AND WINDOW DISPLAY

External and internal photographs will be prominently displayed in our office in order to optimise exposure to the market place.


EMAIL

All prospective buyers who register with us are asked to provide email addresses in order to ensure that they are notified of any new properties as soon as possible - within 24 hours of receiving your instruction.


MAILSHOTS AND TELEPHONE SALES

We will contact registered prospective buyers as soon as possible after receiving your instruction and your details will be forwarded to any new registered buyers.


WEBSITE

This is updated regularly and full colour details of your home are placed on our website within 24 hours of being placed on the market.

Besides the exposure on our own website, Biles & Co is also affiliated with the following national property websites which will feature your home: Mayfair Office, Rightmove, On The Market, National Advertisements (optional), Isle of Wight County Press.


UPDATING YOU ON YOUR SALE

At Biles & Co we pride ourselves on our conscientious sales management. We aim to keep you regularly appraised of your sales process right through to completion and liaise with your purchaser, the legal representatives, surveyors and mortgage lenders in order to ensure that your sale is progressed as smoothly and as stress-free as possible.


OFFERS

Any offers we receive are promptly verbally notified and then followed up in writing. Our competent sales team will negotiate between you and your prospective applicant in order to achieve the strongest buyer.


We will inform you of the position of the buyers and liaise with you until an accepted offer has been agreed.


AGREED SALE

At this point (if you have not already done so), you will need to instruct a solicitor and, should you require assistance, Biles & Co will only be too pleased to recommend local firms.


The solicitors will then write to all parties and the buyers will normally instruct a surveyor to conduct a survey of your property (the “agreed sale” is subject to the contract and any survey) and the buyers’ mortgage offer (if required) will also be subject to the results of the survey.


The sellers’ solicitors will request the TITLE DEEDS from the lender (if appropriate) or yourselves as the seller and the FIXTURES AND FITTINGS form must be completed at this stage.


The solicitors draw up the DRAFT CONTRACT which sets of the Terms of the Sale and sends it to the buyers’ solicitor together with all relevant documents. Any enquiries will then be raised, the Title Deeds and Lease (if applicable) will be checked and LOCAL SEARCHES carried out.


Once the draft contracts have been approved, it can be signed by both parties.


EXCHANGE OF CONTRACTS

As long as the mortgage offer has been received and cleared funds placed with your buyer’s solicitor, a mutually convenient date can be agreed upon for the exchange of contracts.


COMPLETION

The completion and your actual house move can normally take between 7 to 28 days depending on the buyers, sellers and their respective solicitors.

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