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The Property Selling Process – A Step-by-Step Timeline

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By Charlene Marx, your Paarl Property Expert


✅ 1. Deciding to Sell (1–2 days)


  • Assess your motivation: Are you relocating, downsizing, or cashing in on an investment?

  • Review your finances: Know your current bond balance, possible capital gains tax, and affordability for your next move.

  • Prep your property: Declutter, touch up paint, fix minor repairs. First impressions matter!


Tip: Even a quick garden tidy-up or fresh coat of paint can increase your property’s appeal and value.



🧑‍💼 2. Choosing an Estate Agent (2–5 days)


  • Interview agents: Choose a local expert who knows the Paarl market well.

  • Request a Comparative Market Analysis (CMA): This helps determine a realistic and market-driven price.

  • Sign a mandate: Choose between a sole, dual, or open mandate (a sole mandate is usually more effective and ensures dedicated marketing).


Time-saving advice: A trusted agent will handle marketing, buyer vetting, paperwork, and negotiations—choose wisely.



📸 3. Marketing & Selling (2–8 weeks)


  • Professional photography & listing: High-quality photos and a compelling listing description are created.

  • Property is listed online: Major portals like Property24, Private Property, and social media are used.

  • Show days & viewings begin: Private viewings or open houses arranged by your agent.

  • Feedback & interest monitoring: You’ll receive regular updates on buyer interest and market response.


Average Paarl property sale time: 60–90 days (shorter if priced right and marketed well).



✍️ 4. Receiving & Accepting an Offer (1–7 days)


  • Offer to Purchase (OTP): A formal offer is submitted by a buyer.

  • Negotiation phase: The agent facilitates counter-offers or changes.

  • Signed agreement: Once both parties sign, the OTP becomes legally binding.


Important: The buyer may include suspensive conditions like bond approval.



⚖️ 5. Legal & Attorney Process (6–10 weeks)


  • Attorneys appointed: Usually the seller appoints the transferring attorney.

  • Bond attorneys (if buyer requires financing) and bond cancellation attorneys (for seller’s existing bond) also get involved.

  • Compliance certificates: Seller obtains necessary certificates:


    • Electrical

    • Plumbing (Cape Town region)

    • Beetle (if applicable)

    • Gas (if installed)


  • FICA documents collected from both buyer and seller.

  • Municipal clearance figures requested and rates paid in advance by seller.

  • All documents signed by both parties at the attorney’s office.


This part involves a lot of legal coordination between three attorneys, banks, municipalities, and SARS.



🏁 6. Registration & Transfer (1–2 weeks after clearance)


  • Lodgement at Deeds Office: Once all documentation is ready, the attorneys lodge documents with the Cape Town Deeds Office.

  • Registration: Takes approximately 7–10 working days (subject to Deeds Office workload).

  • Proceeds paid out: Once the property registers in the buyer’s name, the seller receives payment, and the buyer takes ownership.



📅 Estimated Total Timeline: 8–12 weeks

(From receiving an offer to full registration. The total time from deciding to sell could be 10–14 weeks or more, depending on marketing time.)



Need guidance through every step?

I make the process stress-free, with full transparency and updates from start to finish.


Request a free property value assessment or contact me via charlene@jawitzpaarl.co.za or +27 72 318 8033 to get started.


 
 
 

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