How to make your property chain more secure

🏘️There are three ways to make your property chain more secure: 

1️⃣ Reduce the length of your chain.  

2️⃣ Implement a reservation agreement.

3️⃣ Use Clear Chain.

⭐The longer your chain the more ways it can break, and the longer it takes means it is more likely to break. We have highlighted the ways for you to go chain free in the post here. 

⭐⭐A reservation agreement can add an additional financial incentive for you and your buyer/seller not to pull out. It's a contract between you and the buyer/seller that states that only they have the right to buy/sell from/to you for a set period of time. It requires that for either side to pull out on their own volition they would need to pay out an agreed amount to the other party (usually a minimum £2,000). This gives the buyer and seller a contract right from the acceptance of the offer rather than waiting until the traditional contract exchange that often happens months down the line.

⭐⭐⭐Clear Chain offers an opinionated path for a whole chain to complete on time. It is a way to project manage the entire chain so everyone has the right expectations and all parties can be held accountable to agreed dates. We allow all the buyers and sellers to come up with exchange and completion dates from the start and are able to identify when they are at risk early on.  With every step mapped out and a known time to complete we are able to see where the whole chain is in real time.  This means we all know where the issues are and when they can be expected to be resolved.  With Clear Chain you can increase your probability of success from 70% to 95% and shorten your move in wait time.