Vendors Guide to Selling
A Vendor's Complete Guide to Selling Property in the UKYour essential guide to navigating the selling process with confidence, from initial valuation to legal completion.
Empowering You with Knowledge for a Successful Sale
Selling your property is a significant undertaking, and it’s natural to have questions. This guide is designed to provide clear, straightforward answers to the most common queries we receive from vendors. We believe that a well-informed seller is an empowered seller, and our goal is to give you the clarity you need to navigate every stage of the process successfully.
Your Guide to the UK Property Selling Process
How do I choose the right estate agent
You should invite at least three agents to value your property to compare their pricing, marketing strategy, and fees. Don’t just choose the cheapest; consider their local market knowledge, their online presence, and their professional credentials. Look at their reviews and ask about their sales progression process – a good agent doesn’t stop working once an offer is accepted.
What happens during a property valuation?
A valuer will visit your home to assess its size, condition, and key features. They will then compare it with similar properties that have recently sold in the local area and consider current market trends. This allows them to recommend a realistic marketing price designed to attract serious buyers. At RGA, this is a free, no-obligation service.
What are the key legal steps I need to take?
How important is professional marketing?
In today’s market, it’s critical. Professional photography, detailed floorplans, and compelling descriptions are essential to make your property stand out online. This high-quality presentation attracts more viewers, creates a competitive environment, and is proven to help achieve a higher final sale price.
Should I accept the first offer I receive?
Not necessarily. Your agent will advise you on the strength of any offer. This includes not just the price, but the buyer’s position (e.g., are they a cash buyer, in a chain, or a first-time buyer?). A good agent will negotiate on your behalf to ensure you are accepting the best possible offer from the most reliable buyer.
What happens after a sale is agreed?
This is the sales progression stage. Your dedicated sales progressor will act as the central point of contact, liaising with solicitors, mortgage advisors, surveyors, and other agents in the chain. Their role is to keep the transaction moving forward, solve any issues that arise, and provide you with regular updates until the sale is complete.
What is the difference between 'Exchange' and 'Completion'?
Exchange of Contracts is the point where the transaction becomes legally binding. The buyer pays their deposit, and neither party can pull out without significant financial penalties. Completion is the final step, usually a week or two later, when the remaining funds are transferred, and ownership officially passes to the buyer. You will hand over the keys on completion day.
Expert advice, every step of the way.
Have More Questions? Speak to an Expert
This guide covers the key stages, but every sale is unique. If you have a specific question or would like to discuss your personal situation, our experienced and friendly team is always here to help.