Whenever you’re buying or selling a property, there are two sets of people you’ll need to work closely with; the estate agents and solicitors.
Estate agents are paid to act on behalf of the seller. However, despite this it’s important to try and build a relationship with the estate agents and get them working for you too.
To start with, it’s worth checking into the estate agent’s office and speaking to someone face-to-face. You’ll be able to talk about what you’re looking for in your first home and start to build a rapport. This is preferred to phoning the estate agent.
If you want to get the best possible outcome when working with estate agents, you’ll need to give them as much information as possible. Here are a few tips to consider:
Estate agents love buyers who are genuinely interested and ready to make a buying decision. Therefore, build a good relationship with estate agents by proving you’re not wasting their time – you’ll get first access to new properties on the market as a result.
Also, even after you have had your offer accepted, keep in touch with the estate agent. This will help you to arrange suitable times for surveys and other inspections, including mortgage valuations.
Aside from the estate agents, you’ll also need to deal with solicitors. There are two solicitors involved with the sale of any property – the buyer’s and the seller’s. Every now and then you’ll find a solicitor acting on behalf of both parties, but this isn’t particularly common.
The process is known as conveyancing, which your solicitor will be solely responsible for. There are options to do parts of the conveyancing yourself in order to save money, but this isn’t recommended unless you’re well versed in the practice.
As with mortgages, it’s worth speaking to a few solicitors or conveyancers to compare quotes. Most of the fees will be the same across the board – but you could easily save a few hundred pounds on the cost of the actual solicitor’s time.
The first step is to instruct your solicitors. This is normally done after you’ve had an offer accepted on a certain property. Your estate agent may recommend a solicitor, but that’s because they’ll receive a commission.
Here you can find a step-by-step guide of what the solicitors will do, once instructed by you to commence work.