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Seller's Guide

A Step-by-Step First Time Seller's Guide

Putting your home on the market can be a stressful process, especially when you don’t know what to expect. Fortunately, with the help of an experienced agent and this easy to follow guide, you can smoothly complete the process. Following these steps will help you prepare so you can get organized and sell your home for the best price possible.​​​​​​​

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Step 1: Understand Why You're Selling

What do you want to accomplish with the sale of your home? Do you want to make a certain amount of money that you can put toward a larger or nicer home? Do you need to sell it as soon as possible to facilitate a move to a new city or area? Once you understand your needs, you can better craft your offer. For example, if you need to sell quickly, you might want to price your home lower than if your goal is to make a certain profit margin. Make sure you convey these needs to your real estate agent once you choose one so he or she can adjust your selling price accordingly.

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Step 2: Determine Selling Price

Knowing how to price your home is one of the most important parts of the selling process. When you set a fair price in the beginning, you’ll get the most interest from other real estate agents and prospective buyers. Overpricing your home could lead to reduced interest, and underpricing leads to receiving less than what your home is worth. Working with a real estate agent is the best way to determine the right selling price for your home. An agent with experience can determine what other comparable homes are selling for, evaluate the current market, and may even suggest a home appraisal.

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Step 3: Start Preparations

If you’ve kept your home in showroom condition since you’ve lived in it, you’re in the minority of homeowners. Once you price your home, it’s time to start getting it ready to be shown to potential buyers. This includes getting rid of clutter, depersonalizing the space so that buyers can envision themselves in the space, making any small repairs, and doing a deep clean to make sure your home is in pristine condition.

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Step 4: Develop a Marketing Strategy

I will develop a marketing strategy that is perfect for advertising your home. This involves listing the home and then driving the right people to that listing through social media campaigns, agent-to-agent referrals, traditional media, or SEO advertising. My team creates a marketing campaign that aims to get the most possible traffic to your listing in the first three weeks after becoming a client.

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Step 5: Evaluate Offers

Receiving an offer is an exciting part of the process, but it doesn’t mean the journey is over. I will evaluate each offer and make sure the party making the offer is prequalified or pre-approved by a mortgage lender and that their offer is acceptable to you. If the offer is too low, you can make a counter-offer or offer other ways to bridge the gap, such as covering some or all of the closing costs, making repairs, adjusting the move-in date, or leaving some appliances or fixtures for the new buyer.

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Step 6: Accept an Offer

Once I deem the offer is acceptable, I will review the proposed contract to make sure it’s all in order and includes the necessary components such as deposit amount, down payment, financing, inspection rights and repair allowances, contingencies, settlement date, and a list of fees and who will pay them. When both parties have agreed to the term, a final contract will be prepared by your agent.

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Step 7: Get Ready to Close

You have accepted an offer and are now very close to the end of your selling journey. But first, you and the buyer must make a list of what needs to be done before closing. In some cases, your home may need to be formally inspected, surveyed, and appraised. In other cases, major or minor repairs will need to be made before the house can close. I will head up efforts to develop and execute this list, get each action item paid for by the correct party, and make sure everything is in order by the closing date. A few days before the closing date, I will call the company closing the transaction to make sure everything is ready to go. If you haven’t done so already, you also need to make arrangements to move out of the home so the new buyer can take possession.

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Step 8: Close

You’ve reached the last step in the seller’s process. When you close on a home you are selling, you are legally transferring ownership of the property to the new buyer. I will meet with the company closing the transaction to sign the final paperwork and go over any issues that have not yet been taken care of. During this time, you can also make plans with your real estate agent to handle final details such as canceling utilities, cable, and lawn or trash services, changing the name on accounts that the new owner is retaining and ensuring the new owner has instructions for all appliances that will remain in the home.

Congratulations!

Once you have sold your home, you’re free to take the next step on your journey. Whether this is relocating to a new city, moving into a larger home, or downsizing and enjoying your life as empty-nesters, knowing all your selling responsibilities have been taken care of will help you achieve peace of mind for your new path.

Testimonials

Seller

Seller

Very knowledgeable relative to the market and process. Greatest asset is an incredible level of responsiveness. Very service-oriented and demonstrates a high level of dedication to the client.
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Seller

Seller

Chris put our house on the market and had a contract on it within 2 months. He had open houses and put flyers around the neighborhood. When it came to finding a house, he was very responsive and took many opportunities to sit d...
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Buyer

Buyer

As my wife and I were looking for homes, Chris would send us a list of houses to look at that met our criteria. Having this list ahead of time allowed us to eliminate some houses that did not feel right. One of the best pieces ...
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Buyer

Buyer

Chris Farm helped me with the purchase of my first home. I knew very little about the process. Chris has extensive real estate knowledge and was a great asset to me in my search. He was extremely patient with me in my search an...
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Buyer | Seller

Buyer | Seller

Chris was very professional and sold our house in a short amount of time. He gave us pointers to stage our home and was always quick to return phone calls and get information for us. I would highly recommend Chris.
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Cristina J.

Cristina J.

Chris Farm is a dedicated and hardworking realtor. Working with Chris was a total blessing for my Fiancé’ and me. Chris has amazing qualities about him that allowed us to have complete trust in him. Working with Chris Farm was ...
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Buyer

Buyer

We are truly satisfied with our home shopping and buying experience with Chris. He was there for us to ask questions, give advice, and really listened when we told him what we needed in a home. Chris is a "can-do" kind of guy. ...
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Seller

Seller

Chris was a great resource in helping list my home, sell it, and find another home that fit my growing needs. He has excellent knowledge of North MS, Memphis, and the surrounding area. He is very responsive to calls, emails, an...
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Buyer

Buyer

Chris is a knowledgeable and very helpful realtor. He is the man you want when you are looking for or purchasing a home. He is highly professional, yet friendly. He walks you through the process and offers explanations. We have...
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Buyer

Buyer

He took us to houses that were suited to us and gave us great advice on making an offer and when to do so. He also went to bat for us during the negotiating process and got the builder to throw in an extra that was originally d...
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Cantrell Family

Cantrell Family

Moving from out of state, we didn't know any local realtors. We found Chris' listing on Zillow and emailed him. Within 15 minutes, he called us, and we were setting up a time to see houses the next afternoon. He was willing to ...
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Buyer | Seller

Buyer | Seller

Chris is the best! He is very responsive, keeps you informed, and you feel he has your best interests at heart throughout the entire process. We bought our home and then sold it with Chris. So glad we had someone of such great ...
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Donna V.

Donna V.

Chris is an expert at helping us find our dream home! He listened to our expectations and exceeded them. Chris remained in constant communication with us throughout the entire home purchase process; We relocated from another st...
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Brent H.

Brent H.

I have worked through Chris for about 15 years now, buying and selling multiple homes that I owned or planned to purchase. Chris is well connected and informed about the happenings in the local real estate market. Chris also li...
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Bart M.

Bart M.

Chris is a wonderful realtor. For my brother and me, he has helped us either buy or sell at least five properties, and I would use him again in a heartbeat. Chris is very personable and quick to follow up on issues, as well as ...
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Misty P.

Misty P.

Our family relocated to the Washington, D.C. area, and we enlisted Chris to help us sell our home. He came highly recommended to us, and we now see why. He was knowledgeable and professional. He made things as easy as he could ...
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Seller

Seller

Chris Farm helped me buy a house, sell a house, and also buy land to build on. Chris was very helpful and professional in all aspects of the buying and selling process.
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Nancy M.

Nancy M.

We hired Chris as our listing agent to sell our home in Olive Branch. We highly recommend Chris for your real estate needs, whether you are buying or selling your home. Our contract had a lot of bumps in the road to closing, bu...
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Debby

Debby

Chris listened to our needs and met each one with true professionalism. I am certain that we found the perfect home for us because he genuinely cared. In addition, after closing, he helped recommend reliable resources for items...
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Brad W.

Brad W.

I have worked with Chris several times, and every time has been awesome! He always answers or returns my calls. His customer service is 2nd to none. He goes above and beyond to make sure his customers get what they are looking ...
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Work With Chris

Serving MS and TN clients since 1999, Chris combines deep local roots with a degree in marketing from Delta State University to deliver exceptional results. Formerly an assistant golf pro in Olive Branch, he brings precision, dedication, and neighborhood expertise to every partnership.

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