Find as much current information as possible on your property and educate yourself about its potential value and any existing problems that may affect the price a buyer is willing to pay. Become familiar with the market and what other similar homes in your neighborhood are selling for or have sold for recently. Additionally, take a look at your current situation including how much you owe on the property and what you are expecting out of your next move.
Getting the biggest return on your home investment is most likely high on your priority list when selling your property. The good news is that by working with a Spring Hill agent, the process of making your home more appealing and thereby increasing its value in the eyes of a potential buyer doesn’t have to break the bank.
Once you have armed yourself with updated knowledge on your home and have decided on the steps you will take to make your property ready to list, it’s time to decide on an agent. If you decide to work with one of ours, he or she will provide you with a listing agreement to read and sign. The agreement will include agreed upon commission, expectations and duties for the realtor, exclusive rights to sell for your agent, and listing duration among other important criteria.
The Multiple Listing Service (MLS) provides your property with a wide range of exposure to other realtors and brokerages to showcase to their potential buyers. This is where the work you did to make your home stand out will really pay off, as buyers line up to tour your beautiful property. Many sites, including ours, integrate direct MLS search capabilities, which allows for even more exposure on an individual level.
Aside from uploading to the MLS, you will need to develop a solid marketing plan to get your listing seen by as many potential buyers as possible. This can include internet marketing via Facebook, Instagram, or listing services such as Zillow and Trulia, as well more conventional methods of posting signage and advertising an open house in newspaper, TV, radio, or magazine ads. The possibilities are endless and can be overwhelming, so collaborate with your Spring Hill agent to create a plan that is streamlined and tailored to your needs and budget.
As your listing gains more views and traction through your detailed marketing plan, buyers will start popping up and your agent will begin presenting you with incoming offers. Eliminate a huge headache for yourself by having any potential buyers pre-approved for a mortgage loan. To make that easy, our brokerage partners with NFM Lending (insert hyperlink) to get loan approval within hours, any time you may need it.
Once you have reviewed all the presented offers within the allotted time frame you and your agent decided on in the listing agreement, it’s time to settle on your buyer and accept the offer that corresponds with your needs best. If negotiations are required, your agent will be able to expertly navigate the best outcome for you for a smooth and easy transaction. After you accept your best offer, a sales contract is presented to you and all involved parties-- with a deposit from the buyer that will be placed into escrow pending the settlement. An attorney will likely review and give the “OK” on the contract.
The buyer and their agent will one or two pre-closing inspections to make sure everything is in the agreed upon condition when they receive the keys and title. Make sure your movers do not cause any fresh damage, and ensure the house is clean and all appliances, lights, plumbing, etc. are in good working order. Your agent will keep you updated on all the inspections and will help you negotiate a solution to any issues that arise.
After the closing date and time have been agreed upon by all parties, the settlement location will also be confirmed. You will be made aware of any adjustments made to closing costs and your agent will review them with you. When everything has been established to be in good order, the mortgage and other sale documents will be signed, you will be paid, and you will turn over the keys and property title to their new owner.
You have expertly navigated the difficult territory of a property sale. Give yourself a pat on the back for your efforts and enjoy your new home. Post sale, your Spring Hill agent will be available to assist you with anything you may need down the road. Our agents are well versed in current market listings and what makes homes sell fast, and can provide helpful solutions if you are still looking for a home or have other properties to sell. If you’d like to schedule an initial consultation or just have a chat with someone about more details regarding the home sale process, please let us know by using the contact form below. We look forward to working with you and helping you achieve the future you desire.