Selling a house in Ireland

At Midlands Real Estate we understand the importance of getting the sale of your property right. Please see the below blog which simplifies the sales process into 5 steps. If you are thinking of selling and want to discuss further, click here.

1. Notifying your solicitor

It’s essential to have a solicitor in place when selling your property. If there’s a mortgage, your solicitor must request the title deeds from your lender, which typically takes between four to eight weeks. To prevent unnecessary delays, advise your solicitor to request the deeds promptly.

If there’s no mortgage, provide your title deeds to your solicitor. Upon receiving the title deeds, the solicitor will examine the title and determine if any additional documents are necessary to finalize the sale.

Solicitors’ fees can vary significantly, either as a percentage of the property price or a fixed fee. Additional charges might apply for services such as phone calls, postage, search fees, and deed registrations. Hence, before selecting a solicitor, obtain multiple written quotes outlining their professional fees and associated expenses.

2. Building Energy Rating

A BER certificate is necessary when advertising a home for sale.. It provides information on the energy efficiency of your home, examining energy consumption for space heating, water heating, ventilation, and lighting.

Homes receive a rating ranging from A to G, with A-rated properties being the most energy efficient. Ensure you obtain this certificate before engaging with an estate agent. This will save time and allow a cleaner process when preparing to bring you home to the market with the estate agent. More information available on the SEAI website – Sustainable Energy Authority of Ireland.

3. Find an Estate Agent that right for you

Discovering the ideal estate agent for your property needs involves careful consideration and research. We would advise considering what experience has an agent got. Do they only take photos, upload to sales platforms and wait for inquiries? All while charging an inflated marketing price and high fees. Our advise is, you should invite several agents to your property to gauge the services they offer, what fee does an agent chagre and what price do they believe they can achieve for your home. Ultimately, select an estate agent with whom you feel comfortable and confident in their ability to represent your property effectively in the market.

At Midlands Real Estate, we take immense pride in our commitment to exceeding our clients expectations. Our comprehensive marketing package solidifies our position as one of the leading professional estate agents in the Midlands. See our sales package for more info. Furthermore, our in-depth understanding of construction places us in a distinctive position. Not only do we showcase your home in its best light, but we are also agents who genuinely grasp the essence of property.

Once you’ve made your selection of the preferred agent, it becomes a legal obligation to sign a Letter of Engagement, which serves as a contract outlining the terms for the duration of the sale. This agreement includes details such as the agent’s fees, the engagement timeline, break clauses, and other pertinent terms and conditions. Final note, your estate agent must be registered with the Property Services Regulatory Authority.

4. Going to market

When the agent is selling your home, as the homeowner, you can expect several key activities to take place. Firstly, the agent will begin marketing your property, utilizing various channels to attract potential buyers. This includes creating property listings, arranging professional photography, and promoting your home through online platforms, print media, and their network of contacts. Additionally, the agent will schedule and conduct viewings, showcasing the property to interested parties and highlighting its key features.

Throughout the process, the agent will communicate with you regularly, providing updates on inquiries, viewing feedback, and any offers received. They will also assist in negotiating offers on your behalf, aiming to secure the best possible price for your property. Once an offer is accepted, the agent will work closely with both parties’ solicitors to progress the sale through to completion, ensuring all necessary paperwork and legal requirements are fulfilled.

As the homeowner, it’s essential to maintain open communication with your agent, providing any necessary information about the property promptly and being available for viewings or discussions as required. Collaboration with the agent is crucial to facilitate a smooth and successful sale of your home.

5. Signing Contracts – Closing

At last, the final steps of the process are upon you. You’ll be required to visit your solicitor’s office to sign the transfer deed and any other necessary documentation to finalize the sale. Your solicitor will arrange a conclusive closing date in coordination with the buyer’s solicitor. On this day, you’ll hand over the title deeds and keys to the property, and the remaining balance of the sale price will be transferred to your solicitor. This signifies the completion of the sale transaction.