Agents, get paid upfront On FEES!
Agents, get paid upfront On FEES!
Your Vendor pays 0%
Your Vendor pays 0%
A committed offer sale is a relatively modern approach to property transactions that aims to provide greater certainty to both buyers and sellers. It is designed to reduce the risks of property chains collapsing or deals falling through, which are common in traditional property sales. Best of all, fees are paid up front from buyers and your vendors pay no fees!
The buyer pays our fee
The vendor pays nothing
Totally transparent service
Vendors Keep 100% of the sale price
Rightmove, Zoopla, OTM & Prime Location listings
Professional photography, Floorplan's & Video trailer included
Block viewings arranged
Agents can set the reserve price
Nationwide service
No sale no fee
Cash and mortgage friendly service
Properties listed at FULL market value!
Key Features of a Committed Offer Sale
1. Legally Binding Offers
Once an offer is made and accepted, both parties have already agreed to binding terms, often referred to as a reservation agreement, that makes the offer legally binding. This ensures that neither party can back out without facing penalties.
2. Reservation Fee & deposits
The buyer is required to pay a non-refundable reservation fee, which shows their commitment to the purchase. This fee is typically held in escrow and is not deducted from the final sale price.
3. Timeframe for Completion
The process comes with a fixed timeline, requiring both parties to complete the transaction within a specified period (e.g., 28 -58 or 90 days). These timescales can be extended, with no penalties for vendors.
4. Reduced Risk of Gazumping or Gazundering
Gazumping: When a seller accepts a higher offer after agreeing to sell to someone else. Gazundering: When a buyer lowers their offer just before exchanging contracts. These risks are minimized because the offer is contractually committed.
5. Certainty and Security
Both parties have peace of mind knowing the sale is more likely to go through without complications, making it appealing in competitive markets or probate sales.
6. Accept offers from day one!
Offers can be accepted from day one of the listing going live! The buyer the pays the admin fee that can then be shared with agents. Faster payments and less chances of sales falling through!
7. What are the fees to the buyer?
Fees can be tailored for each sale. Typically, anywhere between 1% - 4%, works well with committed offer sales. and to what you see achievable and
A better way to sell property
Using our free service, sellers can have their property attractively listed in a way that allows it to be seen by many more buyers on the open market. Meaning that the chances of a quick sale for the true market value are increased by us creating a 'competitive bidding environment'.
Nationwide case studies
London
Birmingham
Manchester
Liverpool
Committed offers
Our buyers are fully committed to the offer.
Using our free committed Offer service , sellers can have their property attractively listed in a way that allows it to be seen by many more buyers on the open market. Meaning that the chances of a quick sale for the true market value are increased by us creating a 'competitive bidding environment'. We predominantly use a committed model for our clients. Setting a reserve price that the vendor is completely comfortable with, and that is achievable in the prevailing property market.
Once listed, we spend time thoroughly marketing the property , taking a ‘whole of market’ approach, which places the property before many more potential buyers. Using superb imagery and professional descriptions designed to foster interest in the sale, we put our complete efforts into introducing the property to potential buyers.
We conduct professional open days to enable buyers to see the property and provide legal packs which give them all of the information they need to make a suitable offer. Our sales method allows sellers to retain total control over the final price, and best of all, our buyers pay the fee for the service meaning that you can keep 100% of the purchase price.
Our aim is simple :- To maximise the price obtained for your property, complete the sale within 90 days, and pay no agency fees.
Martine Peltzer
Smart Property Sales helped me with the sale of my late Mother's house, at a very difficult time for me. I didn't have to worry about a thing, except to open the door for the photographer who took the pictures for the sale. My dealings with Chris were always friendly and I had no doubt of his professional knowledge. I can't recommend him and SPS highly enough.
Karen Kirk
Yes i would recommend Smart Property Sales for sure! they were so helpful in the sale of my late mums house! it was a difficult time for us all! Their help was invaluable and alleviated a lot of stress! The house was sold within a couple of weeks! Thanks again To Chris at Smart Property
Steve Lancaster
A thoroughly professional business who worked tirelessly throughout the entire process. I can highly recommend Chris and the team. Thanks so much!
Billy Aspey
Professional service from start to finish, highly recommended.
- The Buyer pays our fee
- You keep 100% of the sale price
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Properties listed on the open market
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Rightmove, Zoopla, Prime Location
- Block viewings
- 28-58 days completion
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Nationwide service
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No sale, No fee