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Useful Tips To Make Selling Your House Easy And Stress-Free

Are you planning to sell your commercial or residential house? The process of selling one can be stressful, especially if you are a new seller. It involves a lot of planning and other details which you need to be aware of.

Understanding how to present your house and the whole selling process will make selling your home easy, fast, and stress-free. Also, following the proper procedures will significantly determine your home’s selling price. Here are some valuable tips to consider when selling a house.

Understand the selling steps and processes

Before putting your house for sale, you have to understand the selling steps and processes. This is so important if it’s your first time and don’t want to make any mistakes. Some of the things you need to understand include:

  • The costs involved, including government levies and real estate fees
  • Professionals to engage in selling your house. These include estate agents, solicitors, and conveyors
  • Sales and listing agreements
  • The best time to sell your property
  • Your home’s worth and the best price to sell it
  • The settlement process and what to expect during the sale
  • Options to consider, e.g., sale via auction, private sale, etc.

Find the right real estate agent

You can quickly sell your house without stress by contracting a reliable real estate agent in the selling process. While most sellers do not prioritise looking for agents, it’s one of the best things to do, especially selling your house in a highly competitive market. Real estate agents have adequate experience and knowledge of finding the right clients and help with the property transfer process once you sell the house. Besides knowing the product and procedures in the market, agents have marketing and sales skills, which will help sell your home fast. A property is a considerable asset which you should not gamble with. It would be best to find a reliable agent who will cater to your needs and buyer.

Style your home for sale

You will want your house to be attractive to the potential buyer. While your house might not be that old, you will have to style it enough to attract buyers on the market. With property styling, you contract a home stylist or a home stager to customise your house to make it more saleable. They will specialise in minimising the unsalable parts while maximising the best aspects of your property to make it competitive in the market. A styled property sells higher than an ordinary one.

Get prepared for inspections and open homes

When marketing your house, you should also prepare for potential buyers who will come to view or inspect your home. This is an essential process and will require you to declutter the house to make it more presentable. When doing so, you have to create a checklist of things to do and what to show your potential buyers when they check in. Ensure that everything checks for the buyer to make an easy sale.

Besides observing all the above tips and others more, you have to stay positive throughout the selling process. Properties can take one to six months or even longer to sell, depending on the demand in the market.

Norton Rose Fulbright advises Shell on US$926m sale

Global law firm Norton Rose Fulbright has assisted Shell’s in-house legal team with the disposal of the company’s upstream interests in the Western Desert in Egypt to Cheiron Petroleum Corporation and Cairn Energy Plc for a base price of US$646m, with additional payments of up to US$280m between 2021 and 2024, subject to oil price and exploration results.

Shell’s asset sale in Egypt includes its stake in 13 onshore concessions and its share in the Badr El-Din Petroleum Company (Bapetco). Completion is subject to government and regulatory approvals and is expected to occur in the second half of 2021.

The London-based team was led by senior associate Andrew Davies, supervised by corporate energy partner Hussain Kubba, and supported by associate Jarrett Whitehead. Partner Fiona Millington also provided ECM support.

Hussain Kubba commented: “This high-profile deal in Egypt forms part of Shell’s wider strategy to diversify its Upstream portfolio. We have recently seen a number of significant M&A transactions in the Egyptian Oil & Gas sector, and this transaction further demonstrates our deep bench of experience in terms of both the sector and jurisdiction.”

Maarten Hillen, Senior Legal Counsel at Shell, commented: “As in previous transactions, cooperation with Norton Rose Fulbright was seamless and very effective. The team knows Shell’s ways of working, with a strong focus on in-house support, and added real value to the areas that were material to this transaction.”

Deloitte comments on ONS retail sales

In this press release references to “Deloitte” are references to one or more of Deloitte Touche Tohmatsu Limited (“DTTL”) a UK private company limited by guarantee, and its network of member firms, each of which is a legally separate and independent entity.

Commenting on today’s ONS retail sales figures, Ian Geddes, head of retail at Deloitte, said: “Retail sales continued to struggle in May, despite both values and volumes rising by 11.8% and 12% compared to April. In a month that saw two bank holiday weekends, some easing of outdoor social gatherings, and warmer weather for many, retailers may have been looking for the first green shoots of recovery to make up for lost ground in March and April.

“Overall food sales values were flat, at +0.3% month-on-month, but, whilst grocers may have hoped for stronger food sales in what is traditionally the start of barbecue season, online grocery sales remain strong, up by 21.1% compared to April and now accounting for 11.3% of all food sales. More encouragingly, non-food sales are up month-on-month in both value (+24.2%) and volume (+23.7%) for the first time since lockdown, which, for some, will mark the early signs of ‘normality’ for this time of year. However, 41.5% of non-food sales occurred online in May, up from 15.8% in February 2020 before lockdown.

“A wider disparity between online and in-store sales remains this month in spite of garden centre and hardware store re-openings. Total online sales stood at 33.4% this month, beating April’s record sales, though this is unlikely to have offset sales usually seen in-store over this period. In addition to household goods, purchases have also likely been driven by beauty products and, more notably, clothing items as many consumers continue to work from home, with an increased requirement for video conferencing and a more relaxed ‘work’ wardrobe.

“Looking ahead, as non-essential retailers begin to phase-in store reopening plans, some consumer anxiety will remain. During lockdown, consumers have pivoted to fewer but bigger food shops. Whether this trend will also translate into non-food remains to be seen. For retailers, there are two options: a difficult balancing act to between re-creating a familiar shopping experience whilst implementing and maintaining strict new hygiene practices, or innovating and re-inventing the shopping experience for a post-COVID-19 world. Deloitte data shows that 46% of UK consumers currently feel safe visiting a store, but building on this confidence will be key for drawing more shoppers back to the High Street over the coming months.”

Hogan Lovells and Reed Smith advise on the sale of Softomotive

Hogan Lovells and Reed Smith have both played advisory roles in the sale of Softomotive, one of the leading worldwide providers of Robotic Process Automation solutions, to Microsoft. The addition of Softomotive brings Microsoft closer to its 2020 resolution to ’empower tech intensity in its customers and partners’ including in RPA, which is forecast to reach an estimated $7.2 billion by 2025.

The Hogan Lovells team advising the shareholders of Softomotive, including UK-based growth equity firm Grafton Capital, was led by corporate partner Richard Diffenthal, with support from senior associate Simon Grimshaw and associate Joseph Platt (corporate), partner Karen Hughes and senior associate Tom Eyre Brook (UK tax), partner Fiona Bantock (ESI), partners Nancy O’Neill and Kurt Lawson and senior associate Caitlin Piper (on US Tax) and partner Matt Eisler and counsel Ryan Adrian (US corporate).

The Reed Smith team advising Microsoft was led by corporate partner Mike Young, supported by partners Casper Fox (corporate), Gregor Pryor (entertainment & media), David Ashmore (employment), Ramsey Hanna (entertainment & media) and Anthony Poulopoulos (corporate), counsels Stephen Mooney (corporate), Christina Nikiforaki (regulatory enforcement), senior associates Tufayel Hussain (corporate) and Nick Breen (entertainment & media), and associates Harrison Stimson (corporate), Charlotte MacArthur (real estate), Haig Siranosian (litigation), Roch Glowacki (entertainment & media) and Tom Baxter (corporate).

Commenting on the transaction, Hogan Lovells partner, Richard Diffenthal said: “RPA is undoubtedly the future of IT automation and Softomotive have already proven to be pioneers and innovators in this marketplace. It was a real privilege to support Softomotive on this deal, and to work closely with co-founders Marios Stavropoulos and Anargyros Kaninis, as well as Oliver Thomas and his team at Grafton Capital.”

Mike Young, corporate partner at Reed Smith, added: “We are pleased to once again have supported Microsoft on an important acquisition that ensures they remain at the forefront of RPA solutions.”

NIKE, Inc. announces sale of Hurley to Bluestar Alliance

NIKE, Inc. announced today it has reached a definitive agreement to sell the Hurley brand to Bluestar Alliance LLC. Terms of the transaction are not being disclosed and it is expected to be complete in December.

“We appreciate how Bob and the Hurley team have built Hurley into the world’s most innovative surf brand,” said Michael Spillane, President of Categories and Product, NIKE, Inc. “As we drive increasingly more targeted investment and focused growth through Nike’s Consumer Direct Offense, this change in ownership will allow sharper focus and intentional investment in Hurley’s growth potential.”

“We have always admired the Hurley brand as it has maintained its leadership role and premium positioning in the surf world,” stated Joey Gabbay, CEO of Bluestar Alliance. “This is a transformative acquisition for Bluestar as Hurley’s international footprint will enhance Bluestar’s reach around the world. We look forward to building upon the existing Hurley network and expanding to additional countries with the deep relationships that already exist within the Bluestar portfolio of brands. We see Hurley continuing to evolve into a 360-degree lifestyle brand, with action sports playing a key role.”

About NIKE, Inc.

NIKE, Inc., based near Beaverton, Oregon, is the world’s leading designer, marketer and distributor of authentic athletic footwear, apparel, equipment and accessories for a wide variety of sports and fitness activities. Wholly-owned NIKE, Inc. subsidiary brands include Converse, which designs, markets and distributes athletic lifestyle footwear, apparel and accessories; and Hurley, which designs, markets and distributes surf and youth lifestyle footwear, apparel and accessories.

If you would like to find out more information, please visit: https://investors.nike.com/