Selling Procedure

PROPERTY VALUATION:  It is important that your property is accurately valued and professionally marketed.   We will begin by providing you with a realistic marketing price, at which we believe your property can achieve significant interest and subsequent viewings, which will hopefully result in meaningful offers being received.  

THE LISTING PROCESS will be carried out by at least one of the partners of Residenza Real Estate. We will visit your home to take full details of the property, together with professional internal and external photographs.  We will ask you to ensure that your property is well-presented and portrays the lifestyle which your buyer will desire.

INFORMATION REQUIRED on the day of the property listing will include the following:

•    Annual SUMA Fees:  IBI (property rates), Basura (refuse collection), Community Fees
•    Details of your legal representative (lawyer or gestor)
•    Accurate property information, including build year, build size and plot size
•    A copy of your Escritura or Nota Simple

VIEWING ARRANGEMENTS: If you do not live permanently at the property, it will be beneficial for us to hold a set of keys.  As we work extended hours with our buyers, we may want to view at short notice, so for us to hold keys in our secure safe has proved invaluable. If we are viewing with another agent and their client, we will ALWAYS accompany them on the viewing.  At no time will your keys be given to a third party.   

We will manage the viewing professionally and will know our clients well by the time we visit.  Please therefore allow us the freedom to undertake the viewing with our clients, whilst you simply relax and display how life can be enjoyed in this beautiful corner of Spain.   If we have any questions, we will find you!

AFTER VIEWING: It is our commitment and pleasure to always provide our vendor clients with feedback from our buyers after viewings.  This will normally be in the form of an email and hopefully within 24 hours.  If there is anything in particular we need to discuss, we will call you.

IF WE RECEIVE AN OFFER: We will contact you immediately with details of any offer received.  Allow us to do the negotiations but we will always be led by you and your requirements.  With the market remaining predominantly in favour of the buyer, we propose that all reasonable offers be given serious consideration.  We will always do our utmost to achieve the best possible price for all of our vendors.

IF AN OFFER IS ACCEPTED: We will immediately request a Reservation Deposit be paid by the buyer of at least 3.000 euros, which will be held in our secure Client Account.  Once paid, we will ask that you remove the property from the market with all other agents and to supply all paperwork, including the Escritura, and the most recent Electricity, Water, Community bills and any other documentation requested by the buyer's lawyer.  You will then engage a gestor or lawyer to represent you throughout the process.  All property and land searches will be carried out by the buyer's lawyer.   Once all searches have been completed, the reservation deposit will be made up to 10% of the agreed purchase price and this amount will be transferred to your (the vendor) bank account.  A date for completion can then also be agreed between both parties.  If any alterations have taken place to the property, including the additional of a pool for example, which have not previously been registered on the Escritura, details will have to be registered by the vendor on or before completion at the notary, at the vendor's expense. Your lawyer/gestor will ensure that all legal, agent, and any other fees will be settled at notary, upon completion.  You will then receive payment of the balance in full.

OUR COMMITMENT TO YOU: Please rest assured that we will be here to support you throughout the marketing and sale of your property.  The sale of a home is quite often an emotional one, so while you are looking forward and focusing on making plans for the next chapter of your life, we will be by your side to ensure that everything is as simple and pain-free as possible.