Wednesday 13 January 2010

Estate Agent supports legal front loading on property sales

How spooky – within weeks of releasing their draft proposal for Reform - New Year, New Start, the Hip Reform Group (http://bit.ly/5PTgxw) , seem to have found a chain of estate agents who are thinking along the same lines.



In an article that appeared today in the Daily Telegraph by Caroline McGhie – ‘Selling houses: 10 ways to open doors to buyers’ (http://bit.ly/8V6sNp) we see a spokesmen for the prestige estate agency chain, Savills encouraging sellers to engage with solicitors at the point of marketing:



“Speak to your solicitor well in advance,” says Justin Marking of Savills. “My advice would be to complete a standard preliminary inquiries form before marketing. That way, key information can be with their solicitors within 24 hours of an offer being accepted. Also, get your lawyer to prepare a draft contract before a buyer is found, so you are in a position to exchange within 10 days.”



Good advice Mr. Marking! Perhaps we can call upon you and other like minded agents to make representation to Grant Shapps on how he has before him with the HIP a ready made and effective vehicle for bringing about well overdue reform to the selling and buying process.

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