Selling a Property

We will obtain all of the necessary prescribed documents as required to be attached to the draft Contract including title searches, plans of the land, dealing documents, council planning certificate and any sewer diagrams.  Once we receive the prescribed documents we will then prepare the draft Contract and provide it to your nominated Real Estate Agent so that they can commence marketing your property for sale.

Once a sale has been negotiated with a Purchaser, the Real Estate Agent will forward to us a sales advice.  We will then be able to update the Contract to include the buyers details, the sale price and any negotiated items and additional terms.  We will forward the Contract to the Purchaser’s Conveyancer or Solicitor so that they can complete all of their required checks and obtain finance approval (if required). 

We will contact you at this time to arrange for you to sign the Contract.  Once the Purchaser has completed their checks and obtained finance approval (if required) we will then arrange for the Contracts to be exchanged.  Exchange means that the Contracts are dated and there is a binding Contract in place. 

If you have a mortgage over your property, you will be required to contact your bank once the Contracts have exchanged to sign a Discharge Authority Form with them.  Most banks have these forms available on their website.  Once you have signed and submitted the Discharge Authority we will then be able to liaise with your bank in relation to the settlement.  Banks usually take around 2-3 weeks to be ready for settlement.  Therefore, you should contact your bank to organise the discharge immediately following exchange of Contracts so that they do not delay settlement. 

Settlement is usually 42 days from the date of exchange unless it is agreed between the Vendor and Purchaser for a longer or shorter timeframe or an exact settlement date. 

We will be in touch close to the settlement date to provide you with the settlement adjustment sheet and obtain your bank details for settlement proceeds to be deposited direct to your nominated bank account following settlement.  The settlement date is the date that you will be required to vacate the property or arrange for your tenant to vacate the property.  You are required to provide all keys to the Real Estate Agent prior to the time of settlement.  We will complete the settlement in the electronic workspace known as PEXA and will contact you once the settlement has been completed.  We will then forward notification to your Real Estate Agent authorising them to pay to you the deposit they hold less their commission