Frequently Asked Questions
-
Who Will Conduct The Viewings?
You will be required to carry out viewings of your property. We strongly recommend that you have someone to assist you during viewings. This has obvious benefits from a safety perspective but also helps you to get a second opinion in judging their reaction to your property.
There may be aspects of your property that are a major selling point that you just hadn't realised. Not many properties are sold to the first person that books a viewing, so learning from each viewing is essential to make a quicker sale.
-
What Happens If I Get An Offer On My Property?
This is a job that traditionally fell to the estate agent. The buyer will make an offer directly to you and it is up to you whether or not to accept it. As soon as you have accepted the offer, you should contact your solicitor who will commence the conveyancing process. The offer will not be binding until you have exchanged contracts. Until this point both you and the buyer have the right to renegotiate the price or withdraw without penalty.
If you prefer you may ask your buyer to contact us for negotiations at no extra cost.
-
If I Have Signed With An Estate Agent To Sell My Property, Can I Still Advertise With Red House Sales?
Yes, you can! When you request the assistance of an estate agent to sell your home, you will normally be bound by some form of contract with them. However, most of these are’ sole agency’ contracts. These are designed to prevent you using lots of estate agents at the same time.
However, they DO NOT stop you trying to sell your house yourself. By using RED HOUSE SALES, you are advertising your property privately and when you sell your home to someone who saw the advert through us, you will NOT have to pay the Estate Agent their commission.
But read your contract! Some contracts refer to 'sole selling rights.' If an agent has put this into the contract, you will still have to pay their commission even if you find a buyer yourself.
You may also see the term 'ready, willing and able purchaser.' In this case, your estate agent will be legally entitled to claim their commission providing they find a buyer who is prepared and able to buy your house and exchange unconditional contracts.
IF ANY OF THE ABOVE THREE TERMS ARE USED IN THE CONTRACT YOU HAVE SIGNED WITH YOUR ESTATE AGENT, THEY SHOULD HAVE BEEN EXPLAINED IN WRITING AT THE TIME YOU SIGNED THE CONTRACT.
If you are unsure about your contract, your solicitor or Citizens Advice Bureau should be able to help.