WOOHOO SALE AGREED, WHAT NEXT?
Katie Fox-Director
Owner of Katie Fox Estate Agents -01202 721999- Specialising in all aspects of agency
It’s all very exciting, you receive an offer and things start to feel real. You’re on the move. You’ve set a date you all want to move by and everyone in the chain agrees.
This blog is not be negative but give a realistic spin on how it actually works and what to expect. Nowadays there is a lot more legislation that your conveyancer will need to comply with meaning your hopes of a quick sale may not be as possible as you hoped. There are so many ‘I’s to dot and ‘t’s to cross as they need to ensure no stone is unturned. This can be a very frustrating process and the constant flow of queries may feel pedantic, but they are necessary. Most sellers misconstrue these questions to be coming from their buyers but trust me most buyers are not even asking them; the solicitors are because they have. Also, since the dreaded recession, law firms have had to cut down their teams meaning one solicitor can be dealing with over 60 cases at one time. Not just taking that side into consideration the lenders are being equally as cautious and need to be 100% satisfied before committing to lending. You or indeed your buyer may have a mortgage agreed in principle but there is a lot more work to be done from there.
Basically, without trying to shatter your dreams, please bear in mind the immense pressures the solicitors and mortgage lenders are under and allow them the time they need to effectively get done what needs to be done.
Because of the above and our desire to get the sale through quickly, when selling with Leaderfox we have invested in a full-time sale progressor, Stephanie. This is imperative to ensuring a smooth process in the quickest time possible. Stephanie will overcome any objections or issues throughout and keep the momentum flowing. She works closely with both solicitors and mortgage lenders/brokers to get communication lines open. So, if want to find out how by instructing us you could ensure a quicker sale than our main competitors call us now 01202 721999.