An Assisted Sale encompasses various forms but fundamentally entails aiding the seller in the property’s sale, alleviating them from associated selling costs and hassle.
Properties across the country can linger on the market for extended periods, often with minimal viewings and potentially scarce or absent purchase offers. Numerous hurdles can impede a vendor’s home sale. Every individual’s circumstances differ, with a few examples being:
- The property necessitates refurbishment to enhance its appeal, but the owner lacks the financial means to do so
- Inability to undertake the work personally due to a lack of skill, experience, work commitments, or other life obligations
- The stress associated with selling a home is something one prefers to avoid
- Perhaps the owner has relocated, leaving the property vacant with a ‘for sale’ sign displayed outside
- If any of these scenarios resonate, an assisted sale might offer the ideal solution.
How Does an Assisted Sale Work?
The process is straightforward. An agreed price, serving as the minimum acceptable for the home sale, is established. Upon completion of the renovation and subsequent sale of the property, a percentage of the profit exceeding this agreed sum is divided with the owner.
Is there Any Involvement Required from the Seller?
Not particularly. All agreements and contracts are handled by solicitors in the customary manner of property transactions. Following this, the vendor can sit back while we:
- Engage a preferred agent to market the property
- Coordinate refurbishment works at no cost to the owner
- Appoint suitable and reputable tradespersons for the refurbishment work
- Manage estate agents and solicitors, organise viewings, and handle offers
- Upon accepting an offer and reaching a sale agreement, we oversee all involved parties to ensure a smooth process
- All estate agent and solicitor fees are covered upon sale completion
- The predetermined balance agreed at the start of the process is then transferred to the owner
Communication Is Paramount
As with anything in life, communication is key. We ensure you are kept up to date throughout the entire process, from renovation works, through the sale process, until completion. An Assisted Sale can prove a strategic move, fostering a win-win outcome for both parties.
Do you own a property that you are struggling to sell, which could benefit from renovation? The property’s condition is not important to us. Whether it requires minor interior decoration or an extensive refurbishment, we may be interested in purchasing it. Contact Olivia Rose Estates today and one of the team will be happy to discuss the various options with you. We pride ourselves on giving you a quick and easy sale with none of the hassle that homeowners can often experience on the open market.