The selling process
At College and County we pride ourselves on our personal service when it comes to selling property. We specialise in the Thame, Oxford and the surrounding areas and know our core areas intricately, ensuring accurate pricing and healthy competition. Please read on if you’d like to know more about our selling process.
Step 1 Ensure an accurate valuation
Please call our offices in Thame on 01844 399292 or Oxford 01865 955050 or request a sales valuation online and we will arrange an appointment to come and value your property at a time convenient for you.
We are open 6 days a week with viewings and valuations taking place into the evenings. It’s really beneficial for our team to meet you to get a better idea of what you would like to achieve through the sale of your property, plus we are able to talk you through historical data of previous sales we have completed in your area.
We will follow up in writing with the price we feel we can achieve for your property taking into account the current market levels in your area. We pride ourselves on our street to street knowledge Thame and Oxford and are always confident that we will achieve the best price for your home.
Step 2 Instructing and marketing your property
Within 24 hours of instructing College and County, we will organise professional photography, flooplans, and an EPC. Your property will be uploaded to our website and on other online portals (including Rightmove, and OnTheMarket) once you have approved your property brochures. In addition, we have an online database of buyers who we speak to on a regular basis, our team will already have spoken to those matching your properties criteria creating some initial excitement.
Once your property is live on our website and on other online portals (including Rightmove, and OnTheMarket) we email bulletin our database, follow up with calls and start to arrange viewings. Marketing brochures will be produced and handed out to all interested parties.
Our marketing department works closely with local and National press to promote College and County and our properties, plus we run additional paid online advertising campaigns in property related portals which focus on our sales stock.
In addition to comply with our AML laws and regulations, we will require two forms of identification (passport and driving licence) are normally the best, a further list of acceptable forms and be provided on request.
Step 3 Presenting your property
Whether you live in the property yourself or it is tenanted – its imperative that we give the best first impression to our viewers. De-cluttering can make a huge difference as can a touch of paint. Your sales agent can offer a few useful suggestions plus we have a local maintenance company we use regularly who we can highly recommend.
Step 4 Receiving an offer
As soon as an offer is received we will notify you both verbally and in writing. Any special conditions will also be stated in writing and we will check the buyer’s ability to proceed before you decide whether to accept the offer.
Step 5 Offer agreed
Once you accept an offer we will do the following:
Prepare a memorandum of sale
Write to all parties to confirm the agreed price
Ask you to confirm your solicitor’s details
Your solicitor will send out a draft contract to the buyer’s solicitor who will then carry out enquiries. At this stage you will also be able to agree on dates for the survey on your property, exchange of contracts and proposed date for completion.
We will keep in touch at every stage and encourage the process to run as smoothly and quickly as possible. There are no legal obligations until contracts are signed.
Step 6 Exchanging contracts
The following has to be completed before contracts can be exchanged
Preliminary enquiries following receipt of draft contract
Evidence of a good title
Specific issues highlighted in the Lease, if applicable
Local search queries
Fixtures and fittings to be included in the sale
The buyer’s mortgage offer
If this contract is agreed and signed, the buyer will transfer the agreed deposit (this is usually 10% of the total sale price) which is confirmed by the solicitor once received. The completion date can now be agreed.
Step 7 Completion
Completion is when the final monies (usually 90%) are transferred from the buyer’s solicitor to your solicitor’s account.
Your solicitor will call you when the money has cleared in your account and will inform us to release the keys.
Your house is now sold, Congratulations.