What is?… Sales Progression

What is Sales Progression? What part of the selling buying/process does it refer too?

We’re here to help explain 😊

Sales progression refers to the process of managing a property sale after an offer has been accepted. It involves overseeing the various stages and tasks needed to ensure the sale proceeds smoothly. Estate agents play a crucial role in this process by coordinating communication between buyers, sellers, solicitors, mortgage brokers, and surveyors. There are various stages, including Offer Acceptance, Instructing Solicitors, Surveys, Searches and Enquiries, Mortgage Offers, Draft Contracts, Exchanging contracts, and Completion. Estate Agents give regular updates, chase solicitors, help to resolve issues, and maintain communication. In essence, sales progression is vital in helping the transaction go smoothly and within a reasonable time frame, making it a key service provided by estate agents

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