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The Selling Process

Selling your home or business can feel like a daunting prospect. 

At O’Toole and Co., we do our best to make it as easy as possible. 

Firstly, contact us to arrange an inspection and free valuation of your property. We will advise you on what needs to be done, if anything, to get ready for the sale. This may include how to best present your property to attract buyers and what paperwork is needed to reduce delays. 

If you are happy with your valuation and the service we offer and would like to sell your property with us, we will enter into a PSRA contract for sale together.  

Once you have signed the PSRA agreement and are ready to move ahead, we will arrange photography and marketing, checking that you are happy with the marketing brochure and photography before going live on all websites.  

A marketing fee of €300 plus VAT will be charged at this point. This will cover the cost of professional photography, listing your property on our website and social media, and listing on property websites Daft and My Home for the duration of the Sales process. We will send out details of your property to our database of people searching for property like yours. 

You will need an up-to-date BER certificate to sell your property. We can help arrange this if needed. 

You will also need a solicitor to deal with the conveyancing on your behalf. 

Once the property is officially on the market, viewings will begin. 

We will arrange and conduct these around times and days that work best for you. 

We will manage the process of offers and register them with our property management system, keeping you informed at all times.  

We will communicate regularly with you and inform you of offers as they are made, ensuring the best offer is achieved on your behalf. 

If you are happy to accept an offer, we will work with the bidder to obtain full details of their offer, proof of funds, and a 5% deposit which is refundable until contracts are signed at which time it becomes nonrefundable. 

Once all the details have been provided, we will send out Sales advice letters to both solicitors and this will commence the conveyancing stage of the process. 

We will keep communicating regularly with you, the vendor, the purchaser, and both solicitors, to ensure that the process runs as efficiently as possible and to manage any queries as they arise. 

The conveyancing typically takes between 8 – 12 weeks (about 3 months) but may be longer if boundaries, planning permission, registration of septic tank, and deeds to the property are not in order. It is advisable to make sure you have all the required documents in place before the process begins to ensure there are no delays, and you do not lose a potential buyer. 

When both solicitors are happy that the contract is in order and that contracts are ready to sign, another 5% deposit will be due from the purchaser to their solicitor on signing. This will make up a 10% nonrefundable deposit. 

The sale will close when both parties have signed the contract, and closing documents have been issued, signed, and funds are in place. 

We will release the keys to the new owners once we have confirmation from both solicitors that the sale has closed. 

Our fees will be deducted from the deposit that we hold, and the remainder will be sent to your solicitor to be distributed to you, along with a statement of account. 

This completes the process. 

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