Selling your Rental with True Guard
From repairing your property, to getting it closed, we’ve got your covered.
Understand the Value of your Property with a CMA
Once you’ve decided to sell your property, contact your Property Manager/Realtor, either Tom Lail or Victor Smargiasso. We’ll run a Comparative Market Analysis (CMA) on your properties neighborhood to determine what we think the value of the property is, and provide a recommendation for the starting price. We’ll let you decide the starting price.
Sign a Listing Agreement & Sellers Disclosure
Once we’ve agreed on a listing price, we will sign a listing agreement that discusses the starting sales price, commission rates and property details. Additionally as the seller, you will fill out a Sellers Disclosure that details your knowledge about the property as it pertains to things like the Roof’s age, or any prior foundation repairs.
Decide if we are Listing the property Tenant occupied or waiting to list when Vacant.
If you’re looking to sell the property and your tenants lease hasn’t ended yet, don’t worry! We can still sell the property tenant occupied wether there is a year or more on the lease, or if the tenant is moving out in 30 days. The lease would be transferred to a new owner/buyer. Moving the tenant out, and then listing the property also allows for us to ensure the condition is top notch and additionally perform any repairs or upgrades on the property to achieve the highest value.
Move the Tenant Out - Perform AMO - Repairs
Once your tenant vacates the property, we would perform an After Move out inspection to determine what may be needed in order to sell the property, and additionally what repairs may be tenant related damages to charge against their security deposit. If we list the property and are in contract prior to a tenant move out, we would still perform the after move out inspection and determine if there are any tenant related damages to repair, or other repairs needed to satisfy the sales contract.
Also, if you’re looking to upgrade the properties flooring, countertops or paint scheme, we’ve got you covered with our trusted local vendors. If you have it in your budget to upgrade the property, we always recommend doing so to achieve the highest and best offer the market can provide when we list the property.
Close on the Property!
We’ve listed the property, moved the tenant out, addressed any repairs or upgrades needed and obtained the highest and best offer the market can provide. We’ll use one of our trusted Title Companies to ensure the closing process is seamless and worry free!