The sales process step by step.
Rafael Sanchis
Rafael Sanchis
A brief and simplified explanation of the process of selling a property:
Step 1 - The Offer
When the buyer has decided to buy your property, delivery of the Offer will occur. This is the legal mechanism used for the buyer to inform the seller that they are interested in purchasing the property and the price they are willing to pay.
The Real Estate Agent of the buyer is the person in charge of guiding the buyer in creating this document. This Offer must incorporate the approval letter for the mortgage if applicable. If the purchase is to be made in cash, it must include a bank statement corresponding to the funds to be used by the buyer.
Step 2 - Acceptance of the Offer
If the Offer is agreeable to you, instructions will be given to a "Title House" to create all pertinent documentation regarding the transfer of the property; specialized lawyers do this. To do this, the buyer must reserve the property he wishes to buy by paying a percentage of the amount, which usually ranges between 5% and 10% of the final amount of the Offer. This money is placed in a security deposit (Escrow Money Deposit). If it is a building in the pre-construction stage, the procedure could vary.
Step 3 - The Closing
Once the lawyers have thoroughly studied the property's title, a date will be set for the signing of the sale contract. At the time of signing, the buyer will deliver the payment for the remaining amount, and the seller will transfer the title to the new buyer.
Reliable and well known real estate investor in the area, who puts their clients first while guiding them through every step of the process.
To offer our clients personal and legal advice and assistance, while offering the best houses in the town of Villanueva del Rosario (where the Real Estate Agency is located) as well as towns in the province of Malaga and the province of Granada as our Real Estate Agency is included in a large network of Exp Realty agents distributed throughout the Spanish territory.
Exp Inmobiliaria Tian has a wide range of properties, villas, flats, townhouses, penthouses, luxury properties and plots. Our Real Estate Agency belongs to the Association of Real Estate Experts and we manage the sale of all the properties in open exclusivity, in this way we collaborate in its sale management with 88.000 thousand real estate agents all over the world belonging to EXP Realty, as well as, the collaboration with more than 500 external real estate agencies composed of 3.000 Real Estate Agents.
Exp Inmobiliaria Tian puts at your disposal a professional cabinet of consultants specialised in different fields to offer you an integral coverage on other aspects that you may need: - Insurance for companies and individuals, - Integral legal advice for companies and individuals, - Processing of inheritances and wills.
What's the price of my property?
Defining the sale price of the property is vital to start the sale process, and it is when the help of a qualified REALTOR® is essential.
What if you increase the value of your property?
The condition of your property plays a crucial role in your visual assessment. The property must be renovated to impress potential buyers.
Do I need to sell first in order to buy?
The real estate advisor will ask you a series of critical questions during the initial meeting to advise you on, depending on your situation, what is the best way to do the operation. So that you are prepared, I share some examples:
