Understanding the sales process
Selling land, a farm or smallholding can seem like rather a challenging and complicated process at times. We’re here to minimise the stress on you and help to make the process as simple as possible. As part of that, we’ll use our experience of many similar transactions to guide you through yours.
The first thing to do is get in touch with us when you are first thinking about a sale. Before anything happens, we can advise you when it would be best to sell, based on land type, seasonality and occupation issues. At this stage, when you have decided on timing, it’s vital that you engage a solicitor and an accountant. If you don’t have those in mind already, we can recommend both for you.
We then start the preparation process, which includes taking pictures and creating a brochure; you will get a draft of this to authorise or amend as you see fit. Then we draw up floor plans and arrange EPCs if required.
Once the brochure is approved by you, we “go live” with the property, which means we are ready to market it. The property goes onto our website, a For Sale board is erected, and we wait for the interest to come in through our various communication channels.
It’s important to have your particulars seen as widely as possible, and we have a huge database of interested parties to communicate with directly; we also make use of local and national press, and digital channels including Right Move and Uklandandfarms.
An auction is a transparent transaction (i.e. one held in public) which happens at a set time and place. The property on sale usually sells to the highest bidder on the day, and there is little or no flexibility over the sale process or who the purchaser may be.
Purchasers are required to place a ten per cent non-refundable deposit upon the fall of the auctioneer's hammer, helping to ensure completion and making this the ideal quick sale method for simple, straightforward properties.
Sale by private treaty gives the seller more choice in relation to the eventual purchaser, and allows considerable flexibility with the sale. As there is no fixed time period the process tends to be longer, which means you have time to contemplate offers which are made. The process takes place in private, with only the purchaser and vendor knowing the price paid.
We can advise you which approach is best suited to your transaction and circumstances.