Vesta Property | Seller Guide

A sellers guide to Vesta

Find out everything that you need to know about selling through Vesta from once you have formally instructed us

So you have instructed Vesta - what next?

You’re bound to have a lot of questions and we have put together an overview below to explain the process.

There are 4 key areas where we need your help to ensure a smooth sale.

  1. Property details
  2. Tenancy information
  3. Compliance details
  4. Access and viewings

Here's everything thats going to happen next....

Once you have signed terms, we then begin the process of preparing your property for sale!

1

Collect information to create your perfect property listing

We are going to need your help with:

  • Completing our detailed property questionnaire - this collects key information such as tenure, profile, features, documents, key contact details (incl. the key holders), managing information, tenancy and tenant details.
  • Access arrangements - this allows us to visit your property to create a marketing pack that includes photos, floorplans, EPCs and all the things that we’ll need to advertise your property.

This is an important bit.  The more information you can provide, the stronger your property will appear to potential investors.

Experience tells us there’s a buyer for every property, we just need to help the buyer find it with our detailed approach to property presentation. 

Note: Without this we can’t promote your property anywhere

2

Creating and marketing to investors

  • Our dedicated on-boarding team will prepare and collate all of the information that you have provided to position your property for the market.
  • Our marketing consists of email and digital marketing, investor trade shows and networks, trade publications and property publications.

We have an investor database that look for good, long term investments.

Our experience tells us that property listings that have complete documentation such as tenancy agreements, inventory, rent schedule and proof of payment available - sell quicker!

  • Once the listing is created, it will be sent to you for approval and published on all portals and sent to our extensive database of investors.

3

Promoting and vetting buyers

  • We create detailed financial summaries that promote the income and capital appreciation of your property.
  • We have a specialist sales team who will personally qualify buyers positions, ability and readiness to transact - we also ensure that most questions are answered for everyone before a viewing.

Experience tells us that making the effort up front and doing valuable due diligence, prevents time wasters and disruption to your tenants.

4

Viewings

Once we have vetted potential buyers inevitably some people will wish to see the property.

  • We will work with you, your tenants and managing agent to facilitate a convenient time

It goes without saying, it is important that you present your property in the best light, so having the tenant on side will ensure a better buyer experience, and likely sale.

  • To help get the tenants on board we have created detailed information to help them feel comfortable with our approach, you can check this out here. We have worked hard to streamline this experience for everyone, including the new prospective landlord!

If you would prefer not to deal with viewings, we partner with reputable suppliers as an additional service (£300 unlimited package or £50 pay as you go). Of course, you can manage this yourself if you would prefer.

5

Getting you a sale...

When a buyer makes an offer, we’ll ensure that the necessary due diligence has been done and we will pass it on to you with our recommendations.

Hopefully the offer will be acceptable and our deal progression experts will handle everything from here.

Note: we change £900 to the buyer before we allow the memorandum of sale to be released. Experience tells us that having a financial commitment up front increases the likelihood of a sale completion and reducing the risk of fall throughs.

We’ve sold over £23 million of property since our launch in 2018 and have a pipeline of 4000+ properties

We are in daily contact with landlords and investors looking to buy more investment property.

It is important that everyone understands what happens

Worried about your tenant?

At Vesta Property, we have worked really hard to remove all of the friction from the sales process, including when selling with a tenant in situ.

Some agents will recommend that you evict your tenant or tell you that it is not legally possible!

We have put together a hints and tips guide for tenants so that they understand what their role is in selling your property.

Have any questions?

Our team is on hand to answer any questions

Or you can fill in our simple contact us form and one of the team will be in touch

Prefer to speak to one of the team? Give us a call any time.

Drop us an email if have more questions about selling your property or the sales process?

Important Note

The information contained in this website is for general information purposes only. The information is provided by Vesta Global Limited and while we endeavour to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information, products, properties, services, or related graphics contained on the website for any purpose. Any reliance you place on such information is therefore strictly at your own risk.

In no event will we be liable for any loss or damage including without limitation, indirect or consequential loss or damage, or any loss or damage whatsoever arising from loss of data or profits arising out of, or in connection with, the use of this website.

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