What is the selling process like?
We always aim to please our customers and work hard every day to be the best.
Sell your home with us and receive the most efficient, high-quality service:
Step 1. Meeting with an agent at your property
First, we’ll arrange for an agent to view your home and help you decide on the market value/price of the property. We’ll give you information about how we work & our commissions.
We’ll need:
- You to sign a sale authorisation document, where the agency’s conditions are shown.
- We’ll ask you for some paperwork so we have everything we need for the sale and the information readily available for potential buyers: IBI (SUMA) bill, community fees (if applicable) & the community administrator’s contact details, water & electricity bills, the title deeds and your energy certificate (if you have it).
- If you don’t live in the property, we’ll also need a spare set of keys for the viewings.
Step 2. Professional Photo Report
Next, we’ll make an appointment with you to take professional photographs and some videos of your property. The photos and videos will be edited in the office to improve colour, lighting, etc.
Step 3. Let’s get the buyer’s attention!
We’ll market & invest in your property on leading national & international property portals, on our website and on social media. This will make your property visible and attract buyers’ attention.
You’ll get updates from your agent from time to time regarding your property’s statistics. We’ll let you know how the sale is going.
Step 4. Offer & Negotiation
Once a buyer is interested in your property, we’ll prepare a formal offer document for them to sign in which they will present you with an offer. They will also leave the agency a deposit of 1000€ to show you that their offer is serious. If you accept the offer and they later decide not to buy your property, they will lose the deposit, so only serious offers come through.
Step 5. Contract signing & deposit into your account
Once an agreement is reached regarding the price and the terms & conditions of the sale, a Deposit/Reservation contract will be drawn up. Both parties will be required to sign it. After it’s signed, the buyers will transfer 10% of your property’s value into your account, in order to reserve the property.
Step 6. Notary signing – Congratulations on your sale!
After we’ve helped both parties prepare everything needed for the sale (mortgages, energy certificates, notary appointments, etc.), we’re ready to make an appointment at the notary to sign over the property.
At the notary, the property will be signed over to the new owner and you will receive a cheque for the remaining 90% of the agreed sale price. You’ll also hand over the keys at this time. You have now sold your property!
Important points for sellers:
- Regardless of whether you live in your property or not, we’ll always let you know when there is going to be a viewing beforehand.
- Sellers have to pay the “plusvalía tax” when selling a property – We’ll arrange this for you.
- Check with your financial advisor what other taxes you may be subject to when receiving the income from the sale, since you may have to pay “IRPF tax” when making your “declaración de la renta”, a yearly income statement.
- We’ll walk you and the buyer through the sale process and we’ll deal with all the paperwork directly related to the sale for you – from start to finish!
For any additional details or questions, don’t hesitate to contact us!
