Selling your property: all the steps
Real estate sale: all the key steps
Hello hello! 👋🏻
We meet again today for our first blog post. And this one will surely speak to you since it evokes an important step in his life : the sale of his house or apartment. Maybe you have a family member, a friend, a colleague who is in the process of selling their house or who has already sold it? Maybe it's in project for you and you're waiting for a sign to get started?
What if our article helped you decide? 🤓
As you can imagine, this process is punctuated by different stages. We have therefore prepared this article to enlighten you on all the gray areas of a sale.
Happy reading! 😉
SUMMARY
1 ) The value opinion: what does it consist of? what is the difference with an estimate? how much does it cost?
2) Carrying out diagnoses: obligations? who takes care of them?
3) Mandate of sale & distribution of the property
4) Face-to-face visits and virtual visits: instructions for use
5 ) The offer to purchase
6) Drafting of the sales agreement and signature
7) Signature of the authentic deed at the notary's office
8) What's next?
First step: the value notice
Indeed, we will base ourselves on the characteristics specific to the house / apartment such as the number of square meters, the number of rooms, if there is an exterior ...; but also on the geolocation of the property and its environment (close to amenities, price per square meters in the town ...).
Thanks to all these criteria and our local knowledge of the market, we are able to communicate to you the selling price where your property will have the best chance of arousing the interest it deserves from potential buyers.
The difference? The value opinion will be based on our experience and objectivity. To put it simply, it is at the discretion of the real estate agent (based on his research and knowledge of the market). The value notice has only an informative value.
The estimate, meanwhile, is made by a real estate expert, registered with the Chamber of Real Estate Experts. It engages the professional civil liability of the expert.
In both cases, the purpose of the value notice and the estimate are to assess the value of the property. They just don't have the same purposes.
Moreover, if you want to know the value of your property, you can click on the button below!
You will receive your file within 48 hours maximum. 😃
Of course, there are other diagnoses to be carried out depending on the area of the property, its characteristics or the year of construction of it.
In particular, it is necessary to provide:
- gas and electricity diagnostics (if present in the home for more than 15 years)
- the Plomb report (well built before 1 January 1949)
- asbestos identification (property whose building permit was filed before July 1, 1997)
- termite condition (performed in the affected areas)
- ERNMT (State of Natural, Mining and Technological Risks)
So plan a small budget envelope to carry out these diagnoses and be in the nails!
In general, real estate agencies work with one or more diagnosticians, so if you don't know any, you can always ask your real estate agent! He will be able to advise you. 😌
As soon as the mandate is signed by all parties, the distribution of the property can begin with the agreement of the seller.
BARRAUD Immobilier publishes its properties on its website and various classified ad sites, but also on Le Bon Coin and social networks. The property can also be seen in the window. 😃
If the virtual tour is suitable for potential buyers, a face-to-face visit can then be arranged. It is an opportunity to realize the volumes, the environment...
The seller then has several possibilities:
- Accept it, and in this case, the buyers are then committed.
- Refuse it, ending all negotiations
- Or make a written counter-proposal at the price he would like to sell. This counter-proposal therefore cancels the first offer made. Buyers are in turn free to accept or not the counter-proposal.
As soon as the compromise is signed, the purchasers have a period of 10 days if they wish to withdraw. It is also possible for them to pay a deposit of up to 10% of the sale price (blocked on an escrow account - transferred to the notary on the day of signing the authentic deed).
Finally, the compromise can be drafted by your real estate agent (this is the case within our agency) or by the notary.
The signature of the authentic deed (or deed of sale) takes place at the notary's office. This act includes all the key elements of the sale (civil status, origin of the property, description, sale price, ...) and other special clauses.
If the buyers have resorted to a loan, the notary asks the bank to transfer the amount a few days before the official signature (not to mention the amount blocked on the escrow account).
The deed of sale is signed, the notary gives the keys of the property to the new buyers ... They are now owners! 🔑
Frequently Asked Questions
💬 Do I have to have my property estimated by one or more real estate agencies?
We advise to have your property estimated by several real estate agencies, you can make an average and have a better idea of the price of your property. Of course, nothing prevents you from working with only one agency. A value notice does not bind you in any way. 🙂
💬 What are the advantages of signing an exclusive mandate?
By signing an exclusive mandate, our agency undertakes to communicate more about your property. This mandate also ensures better consistency and communication since your house / apartment will only be displayed at the same price (unlike a simple mandate where each agency will have its own fees).
💬 How long does it take between the signing of the sales agreement and the authentic deed at the notary?
It takes an average of 3 months before you can sign the deed at the notary (in general, it is the bank loan that takes the most time).
💬 Is the notary required or can I choose?
It is quite possible to choose your own notary. Each party can also have its own.
Chargée de communication
Vienne (86)
Publié le 14/04/2022 par
Fanny BOUGARD
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