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Step-by-step guide to selling property

Selling property can be far less stressful when you understand the process.

Valuation Selecting an estate agent Instructing a solictor Presenting your property Marketing your property Viewings Receiving an offer Offer agreed Exchange of contracts Completion
  1. Step 1 Accurate valuation

    Your aim should be to sell your property at the best possible price in the shortest possible time. Our expert valuers carry out thousands of valuations every month, giving us intimate and unparalleled knowledge of property values in your area.

    This is why we consistently achieve the asking price across all our clients' properties.

    Call us on 0800 369 8667 or complete the property valuation request form.

  2. Step 2 Selecting an estate agent

    When choosing an estate agent, consider their opening hours, when they will be available to conduct viewings, their high street presence and what kind of marketing your property will receive. These are critical to obtaining the maximum exposure and price for your property.

    You should also check if your agent will organise your government-required Energy Performance Certificate on your behalf or if you need to arrange this yourself? Foxtons can arrange this for you. You must have commissioned an EPC before your property can be marketed.

  3. Step 3 Instructing a solicitor

    The successful sale of your property can be reliant on the instruction of an efficient and experienced solicitor. It is a good idea to do some research and make a decision before you put your property on the market as this will help to avoid delays.

    We can offer recommendations if required.

  4. Step 4 Presenting your property

    First impressions count, making the presentation of your property critical to a successful sale.

    Consider addressing any DIY jobs you have been meaning to get done, add a fresh coat of paint where necessary and try to declutter to make rooms appear larger.

    Foxtons' team of dedicated professional 'Protographers' will then take photographs, create 360° tours, produce interactive floorplans and write comprehensive property descriptions, all in just one visit.

  5. Step 5 Marketing your property

    To find your perfect buyer you need to give your property maximum exposure across a wide range of media.

    When you instruct Foxtons to sell your property you will automatically benefit from our unrivalled, comprehensive marketing package, including: exposure on our award winning website, full colour property details, inclusion in our monthly Area magazines and key property titles, email and SMS alerts and PR.

  6. Step 6 Accompanied viewings

    Our longer opening hours are essential to maximise viewing opportunities for your property - in fact 39% of our viewings are carried out after work and at weekends. Accompanied viewings also mean we can use our expertise to help sell your property.

    Our offices are open 9am-8pm Monday to Friday and 9am-5pm Saturdays, Sundays and Bank Holidays. In addition, our phone lines are open 8am-8pm, 7 days a week.

  7. Step 7 Receiving an offer

    As soon as an offer is received we will notify you both verbally and in writing.

    Any special conditions of the offer will also be stated in writing and we will check the buyer's ability to proceed before you decide whether to accept the offer.

  8. Step 8 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 preliminary 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 advise you and negotiate on your behalf throughout this process, keeping you informed every step of the way.

    There are no legal obligations until contracts are signed.

  9. Step 9 Exchange of contracts

    Exchange of contracts occurs when the following have been confirmed and agreed:

    • 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

    Once the contract has been signed by both parties the deposit (usually 10% of the purchase price) will be telegraphically transferred or paid in the form of a banker's draft by the buyer's solicitor to your solicitor. The completion date is then set by mutual agreement.

  10. Step 10 Completion

    Completion is when the residual 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.

    Congratulations, your property is now sold!

  11. Sellers Guide
    Want more information? View our detailed guide about selling a property

    We have created a comprehensive checklist to guide you through the selling process. View it online.

Call 0800 369 8667 for further information about selling your property, or to find out how much your property is worth