UK Property Guide

Probably the first "port of call" will be to a couple of local Estate Agents to get an indication of selling price and marketability. Estate Agents fees vary considerably but most agents will seek to charge 2 ¼% (plus VAT) for a sole agency in a bouyant property market. If you decide to place your property with more than one agent then the fee is likely to be 2 ½% or more (plus VAT). Despite the size of these fees every Estate Agent is obliged to explain their charges and must inform you of any offers in writing.It is also a good idea for you to suggest lower fees (eg 1.25%) for a sole agency.

Be careful to read the Agreements (contract) with the Estate Agents properly. Make sure that commission is only payable on a "no sale no fee" basis. Once you are happy with the estate agents and the particulars that he produces you start to think about how others will see your property. A coat of paint here and there and putting down fresh gravel on the drive can really help to give the impression of a well maintained property. This is also a good time to tidy up the garden and clean the house of "clutter". You also need to decide whether you are willing to "throw" in some extras such as curtains and carpets to clinch the sale. Also locate any documents, guarantees , receipts etc in connection with the property that may be required to be seen by a prospective purchaser (eg double glazing guarantee certificate). It is also a good idea to have a note of household bills, council tax, water rates etc just in case you are asked by potential purchasers.The idea is to have all the information readily to hand.

Showing people around your property can be quite stressful at times. It has been your home with lots of memories but to a prospective purchaser its possibly only one of a number of different properties they have viewed.

Finally remember that until contracts have been exchanged you have not sold your property

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