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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.

What My Clients Say

Sadie G.

Sadie G.

Mr. Terry Harris is absolutely amazing! this is the second time we have worked with him and putting your trust in him to help you with your home selling and buying will be the best decision you could ever make. He will be with ...
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Sara D.

Sara D.

Oh my, where do I start. First time a home buyer here. Did not know anything about home buying. Well, guess what Terry Harris did such an amazing job taking me through the steps that I felt like a pro. I would definitely recomm...
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Josh & Landrie S.

Josh & Landrie S.

Working with Terry and his wife was the best choice we made in our home-buying process. The best realtors on the market As first-time homebuyers, we were completely clueless, and Terry did such a great job answering any and all...
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Tareg B.

Tareg B.

Terry Harris and I did two real estate deals back to back within 8 weeks. My first deal with Terry was a lot and the second was a 2100 sq ft home as an investment property. Both properties are located in the same zip code and a...
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Kim M.

Kim M.

We were very blessed to have been able to use Terry to sell our home in Waco. The process although rarely easy and smooth was made much easier by Terry. He was always available to answer questions or help to solve issues. He we...
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Timothy B.

Timothy B.

Everything I said from the seller's point of view is just as true when buying a home. Terry was always quick to respond anytime we reached out, he worked with our schedule when trying to view homes, and he helped my wife and I ...
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Audra L.

Audra L.

Working with Terry was a wonderful experience! My husband and I started this process completely clueless, and he made everything so simple. Always available, always helpful, always willing to go above and beyond. Awesome experi...
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Samuel L.

Samuel L.

Working with Terry Harris of Kelly realtors was quite a remarkable experience. My wife and I didn't have a chance against 4 cash bidders on a home we found with Terry, that is until his experience showed us how to compete, and ...
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Palvinder K.

Palvinder K.

Terry Harris is such a sweetheart, my experience working with Terry was awesome, no hassle at all I recommend people hire Terry for buying or selling their homes. My house got sold in one day because of Terry.
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Rebecca V.

Rebecca V.

Working with Terry Harris was a great experience. My husband and I have never sold a house before and were not sure of the process. Terry walked us through it all. He's very informative, knowledgeable, and easy to talk to. He c...
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Jade H.

Jade H.

Terry and Cece have helped my family with numerous homes over the last few years. Terry goes above and beyond to make the process as smooth as possible. He is a great communicator and extremely reliable. Highly recommend!
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John H.

John H.

We love to work with Terry and Cece! We purchased our home, purchased our daughter's home, our Mom's home, and our sisters with them. Recently we lost my Mom and sold her home with Terry. He is kind, considerate and full of kno...
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Palvinder K.

Palvinder K.

Terry Harris is such a sweetheart, my experience working with Terry was awesome, and no hassle at all I recommend people hire Terry for buying or selling their homes. My house got sold in one day because of Terry.
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Timothy B.

Timothy B.

Working with Terry was a great experience. The process of selling one home and buying another at the same time was daunting, but Terry and Cece guided us through every step. Terry was available ANY time we had a question or con...
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Josh & Landrie S.

Josh & Landrie S.

Working with Terry and his wife was the best choice we made in our home-buying process. The best realtors on the market As first-time homebuyers, we were completely clueless, and Terry did such a great job answering any of our ...
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Bertha C.

Bertha C.

Terry and Cece were so helpful best experience I had buying my house. Terry was always there to answer my questions no matter the time. He always made me confident about every question I had or concern. Thank you for everything...
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Tareg B.

Tareg B.

I have known Terry now for over 3 years and I am always amazed at how efficiently Terry works. Terry is always there when you need him. The purchase of this new home was flawless and Terry took care of everything and supported ...
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Josh H.

Josh H.

Terry and CeCe are fantastic to work with and I can highly recommend them with zero hesitation. They are strong advocates for their clients and want to see you get the best deals available. They made the buying process so easy ...
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Ruben E.

Ruben E.

Terry and CeCe were awesome. They were very helpful and I would recommend them to everyone who is looking to buy a new home. Family-friendly and very passionate about their job. 100-star rating.
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Jennifer T.

Jennifer T.

Terry and CeCe were referred to me by a realtor in Austin. I was looking to purchase a home in Waco for my son to live on/rent while he is at Baylor. While I have no complaints at all about the entire process, where they shine ...
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