You’ve sold your house, now what?

youve sold your house now what

The sold sticker has been freshly plastered on the board outside and the celebratory bottle of champagne is empty.

It is only natural to feel the stress relief — but enjoy that breather because the process is only just beginning.

Many people dread the thought of moving house, but it can be a cathartic and rewarding experience if approached with a positive mindset. 

Time is of the essence

To have your best chance of avoiding delays with lenders, it is important to start the conveyancing process as soon as possible after exchanging the signed contracts.

And if you intend to move into another property, you should align your dates for settlement to avoid any untoward, last-minute surprises.

Tick off the boxes

The first and foremost administrative task is to arrange insurance cover for your new home.

Likewise, contact utility and internet companies for disconnection and arrange for it to be on at your next address.

Countless other tasks can be undertaken in the weeks to come, such as redirecting mail, notifying banks and updating your driver’s licence.

Fresh start

Your next move will depend on your individual circumstances – be it renting, downsizing or upsizing.

But the perceived upheaval can vary according to what you intend to take with you.

Ask for three quotes from reputable removalists and even investigate the do-it-yourself option if your load is lighter than most.

Most removalist companies have an online tool to help you calculate what space will be required in a truck. 

Thinking ahead

If you’re heading to another place, ensure you have a copy of its floorplan so you can start mapping out where your furniture and belongings fit.

If on the other hand, you’re unsure of your next destination, it is probably best to investigate storage options. They are often an ideal source for sturdy packing boxes, including port-a-robes to transport your wardrobes.  

Create a welcome folder

If you hadn’t already prepared one for the sale process, this compendium for the next owner should contain all the various appliance manuals and warranties, receipts of improvements should they still be under warranty (i.e. damp proofing) and a timeline of major works completed, including contact details of who carried it out. 

Begin packing 

Try to reduce what you use to the bare minimum.

For example, keep out only the crockery, cutlery and cooking utensils you would use each day, and wash them at the end of each day.

If possible, label boxes according to the rooms in which they will be unloaded (i.e. Sarah’s room, kitchen, bathroom). During sorting, be sure to have boxes to take to the op shop and others you can list for sale online at Gumtree, eBay or Facebook Marketplace. 

Transporting copious amounts of food makes no sense, so prepare by cutting your weekly grocery list and consuming existing pantry supplies.

If anything, all that should remain for the move is your pantry staples and arrange for online grocery delivery, including the first night’s meal, when you’re busy settling in at your new address.

Clean break

There’s also the small matter of cleaning the home, which can often overwhelm many at a late stage.

Emptying cupboards well in advance of moving day ensure they can be thoroughly cleaned and only need a quick wipe as you prepare to depart.

Renters and often departing homeowners are required to provide professional clean of the existing residence.

Always have a Plan B

It is next to impossible for everything to run smoothly, particularly when there are elements outside of your control, so ensure there is a backup plan in place.

This may include staying somewhere close to your new home or moving in with family for a short stay prior to your next move. Remember that a little short-term inconvenience is worthwhile for long-term gain.