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Sellers guide

Selling process

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The Selling process

Selling property is far less stressful if you understand the entire process.

Step 1 Accurate valuation

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 (+91-22) 4345 4345 or complete the property valuation request form.

Step 2 Choosing an agent

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

Step 3 Instruct a solicitor

It is advisable to instruct your solicitor at the same time as choosing your agent.
This will help to avoid delays and allow time for the collection of necessary documentation involved in transferring ownership of your property to the new buyer (known as conveyancing). Many of these documents should already be included in the HIP.

Step 4 Maximum exposure

When you instruct Terraa Homes to sell your property you will automatically benefit from our unrivalled, comprehensive marketing package.
Our team of specialist will, in just one visit, collect all marketing elements for your property including: interactive floorplans, photographs and have them live on our website within days, alongside local information, location maps and a printable brochure.

Step 5 Viewings

To maximise viewing opportunities, ensure your agent is open during evenings and weekends. Our longer opening hours are essential - over 40% of viewings are carried out after work and at weekends.

Step 6 Receiving an offer

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

Step 7 Agreeing to sell

Once you have accepted an offer it is important that the following details are agreed:

Details of any extras included or excluded from the purchase
Date for buyer's/lender's survey on your property
Date for exchange of contracts
Date for completion

We will advise you and negotiate on your behalf throughout this process, keeping you informed every step of the way.

Step 8 Drafting contract and supporting paperwork

Once an offer has been agreed, your solicitor will send out a draft contract for your property to the purchaser's solicitor who in turn carries out preliminary enquiries.
Your solicitor should collate all the supporting paperwork (where applicable) ie: title deeds, copy of lease, fixtures and fittings list, seller's questionnaire, planning consent, guarantees, copy of building regulations and share of freehold certificate (most of this information should already be contained in the Sellers Documentation Pack).

Step 9 Exchange of contracts

Exchange of contracts occurs when all preliminary enquiries from the draft contract and local search queries have been agreed.

Step 10 Completion

This is generally set a few days to a few weeks after exchange of contracts, depending on the personal requirements of the buyer and seller. Residual monies are now transferred the stamp duty on the purchase is paid & the contract is registered at the Registrar of properties. Congratulations, you are now the legal owner of your new home!