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Cardiff estate agents
Guide for selling property in Cardiff
In order to sell your property, you will require a Cardiff Estate Agent to come around to the property and give you a market appraisal, which will involve a valuation. CPS Homes specialise in investment properties, and CPS Homes would be pleased to give you a no obligation market appraisal if you are looking to sell your property. We will be able to quickly tell you what market you should be aiming the sale of your property at. As we are investment focused Cardiff Estate Agents, with our experience in property management and lettings in Cardiff, we are ideally placed to present your property in the best light possible to potential buyers.
We’ll make an appointment to come and visit you at the property. As well as valuing your home, we’ll also take photographs, measure every room and get as much useful information as possible from you.
Marketing Cardiff Property
As Cardiff Estate Agents, CPS Homes will market your property in the best light possible, and as well as using our contacts in the Cardiff lettings and management industry, we will also employ more traditional methods.
Our marketing strategies include:
- An eye catching for sale board will be put up outside your property
- At least one brochure for your property will be on display in our Albany Rd show room for as long as the Cardiff property is on the market
- Your property will appear on our innovative plasma screen display unit in our shop window. This display runs all day and well into the evening.
- We will add your property to our market-leading website the same day as it goes on the market. We pride ourselves on being one of very few property websites that are updated every single day.
- Your property will be added to such sites as, Rightmove, Primelocation, Propertyfinder Britain’s largest and most successful property websites.
- We run regular adverts in the Property Mail magazine, leading glossy South Wales property magazine, as well as other publications in the Cardiff and South Wales area.
- We will always cross match your property against registered customer’s details, at the beginning of the process and right the way through until you’ve made a sale.
Viewings
All viewings will be accompanied by an experienced sales member of staff. All potential purchasers are fully qualified before carrying out any viewings to minimise disruptions to yourself, so the people we are showing around your property are genuine potential buyers. We give all of our vendors feedback after the viewing, and give recommendations on what can be done to put the Cardiff property in a better light.
Offers
When we receive an offer from a potential buyer, we will notify you verbally, and also in writing. Once you have accepted an offer, and agree to sell the property, it is important that you set a date for exchange of contracts, a date for completion and any extras include or excluded (for example, furniture, curtains, white goods).
It is important to realise that this date will also be affected by the buyer and their solicitor and that there may have to be some compromise before a date is agreed on. Until contracts are exchanged it is important to realise that the offer is still subject to contract, and that it is legal to be gazundered up to this point.
Conveyancing in Cardiff
The legal process involved in selling a house is called conveyancing and can be done by either a solicitor or licensed conveyancer – someone qualified only to do this kind of legal work. Whoever you choose to complete the work for you, the process will be the same.
Once you have agreed on a price with your buyer, your solicitor will send a draft contract to the buyer’s solicitor. They will then start instructing the relevant searches to be carried out. Your solicitor will start collating the supporting paperwork which may include title deeds, copy of lease, fixtures and fittings list, seller’s questionnaire, planning consent, guarantees, copies of building regulations and share of freehold certificate.
Where the property is leasehold, we recommend that you forward copies of your service charge accounts over the last three years, estimates for the forthcoming year and building insurance certificates to your solicitor as soon as you put your property on the market. If you live in an apartment block, your solicitor may be able to get this information from the Managing Agent or Block Manager.
When all of the preliminary enquiries that have arisen from the draft contract have been resolved and the searches have returned without issue the draft contract can be approved.
It is more than likely that you buyer will need a mortgage. Once they have a firm mortgage offer a date can be set to exchange contracts. This means swapping contracts with the buyer and securing the sale. If either you or the buyer pulls out after contracts have been exchanged, there will have to be compensation. The deposit will be paid at this point.
The contracts will show a completion date – this is when you are no longer the rightful owner of the Cardiff property and is usually two weeks after the exchange date. It can be sooner or later if agreed by both parties. If you or your buyer are involved in a chain, this can dictate the completion date.
On the completion date, you will have to be moved out and have handed your keys over to us so that the buyer can pick them up and move in!
As professional Cardiff Estate Agents, CPS are able to offer advice and provide consultation on all matters raised in this article.