Selling

Selling a home involves various critical steps that demand attention to detail and professional coordination. It begins with reviewing all necessary documents to ensure they align with the agreed terms of the contract. The seller ensures that any outstanding items related to the property or legal obligations are addressed, such as arranging mortgage discharges and resolving compliance matters with local authorities.

Below is a step-by-step guide outlining the standard process for the sale.

Role of Settlement Agent

• Contract received, arranging preliminary documents to vendor, notifying our representation to all the stakeholder e.g. real estate agent, buyer’s settlement agent, mortgage broker etc.
• Documents received, making sure all sign correctly, waiting for buyer to secure finance to initiate further proceeding.
• Finance secured by buyer, settlement date established, notify all the stakeholder.
• Ensuring contractual obligations are compliance, coordinating with legal representatives to validate property documentation.
• Preparing settlement statement & sending to the vendor for examining.
• Proceeds to finalize all necessary arrangements for settlement, coordinating with financial institutions to ensure the transfer of funds, updating stakeholders on the confirmed settlement details.
• Liaising with legal representatives to complete the transfer of property ownership, marking the successful conclusion of the transaction, final statement sent to the vendor, notify all the stakeholder that settlement has been completed.