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Seller Checklist

The Steps

LET'S TAKE A CLOSER LOOK AT THE STEPS TO SELLING YOUR HOME

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Step 1: Find a Realtor

Interview a few realtors to see if their personality and expertise align with your needs and wants.

Qualifications Your Realtor Should Have:

  • Local market knowledge.
  • Good reviews or testimonials.
  • Financial knowledge - they can walk you through the numbers.
  • Works full-time in the industry.
  • Excellent time management and communication skills.
  • Do they show up on time and prepared?
  • Do they communicate with you in a way you understand and feel comfortable with?
  • Network connections - effective realtors rely on their relationships within the industry and their network. Do they work with other agents regularly?
  • Do they have a respected reputation in the industry and the local community?
  • Ask about their marketing processes:
    • How do they market properties?
    • Are they utilizing social media?
    • Do they have a marketing plan for their listings?
    • What are they doing differently than other realtors?
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Step 2: Plan Your Timeline

Timing is everything, and making a plan is a pivotal step in starting the process of selling your home. Here are a few steps to get started:

  • Determine the best time to sell your house with your realtor.
  • Meet with a real estate agent to discuss the best listing and sales strategy based on the local market.
  • Have an idea of where you'd like to move before you put your home on the market.
  • If the current market favours sellers, we suggest you purchase first and then list your house for sale.
  • Have an idea of where you'd like to move before you put your home on the market.
  • If the current market favours sellers, we suggest you purchase first and then list your house for sale.
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Step 3: Listing Prep Walkthrough

  • Create a list of 5-10 things you love about your home and community, and share this with your realtor.
  • Do a walk-through of your home. Your realtor should make detailed notes and/or take photos to ensure they understand the property thoroughly.
  • Provide your realtor with a copy of your most recent tax bill and survey (if in possession).
  • Provide a list of utilities or any rental items and approximate monthly cost - i.e. hydro, water, gas.
  • Provide a list of all upgrades and the age of each - i.e. new floors, bathrooms, kitchen.
  • Provide a list of the ages of your roof, windows, furnace, and air conditioning.
  • Ask your realtor for advice on repairs, upgrades, and staging.
  • If you need more clarification, ask your realtor if a general pre-inspection should be scheduled before the sale.
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Step 4: The Listing Price & Marketing Plan

Work with your realtor to determine the best price - every home is different! If you overprice a property, it could hurt your chances of getting top dollar for your home.

Look over a comparative market analysis with your realtor, which shows the price point based on similar home sale prices in your neighbourhood.

Did you know?

Your home's list price is based on many factors, including the lot size, square footage, location, condition, year the house was built, and market conditions. 

 

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Step 5: Prepare Your House for Viewing

  • Clean and declutter - while we love the memories your home represents, we suggest hiding anything that might be considered clutter.
  • Try to keep home accents as neutral as possible. We want potential buyers to imagine themselves in the space.
  • Deeply clean forgotten places (baseboards, light switches, etc.). Hire a cleaning crew - a few hundred dollars on cleaners can help get you thousands in the sale.
  • Improve curb appeal:
    • Maintain landscaping by cleaning the garden, planting some flowers, and mowing the lawn can go a long way.
    • Clear out the sideyard area.
    • Hide eyesores like trash cans or compost bins.
  • You can hire a professional stager or ask your realtor for suggestions. Note: this is often included in realtor fees.
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Step 6: Market Your Home

  • Discuss your realtor's marketing plan to create the best strategy for your home. Every home is different and deserves a unique plan.
  • Have your realtor schedule high-quality real estate photos for your home. Professional photography can get you thousands more in a sale.
  • Schedule a time with your realtor to do the pre-listing marketing they need - filming video walkthroughs and content for social media blasts, etc.
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Step 7: Showing Your Home

  • Decide whether you want to have a lockbox or schedule appointments.
  • Prepare for open houses.
  • Store critical financial documents and valuables.
  • Maintain a clean and organized home. This is one of the hardest parts to maintain, but it is worth it, as first impressions matter!
  • Ensure there is a plan for pets during showings and they are removed from the property.
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Step 8: Negotiate Purchase Offers

  • Discuss any offers and terms with your realtor. Thoroughly review all terms and conditions to ensure they are reasonable, and there are no surprises upon closing.
  • Make sure to ask all questions about any terms you don’t fully understand. You want to make a clear and informed decision.
  • Ask about the process if multiple offers occur. How are the offers submitted, how will your realtor treat both parties fairly, and how long will you have to decide? Understanding representation is crucial during the home selling process.

    PRO TIP!

    Don't get hung up on only the offer price - unless you are competing, you are leaving room to negotiate. Many terms within an offer should be considered (deposit, closing date, conditions).

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Step 9: Accept An Offer

  • Sign a purchase-sale agreement.
  • After selecting the most substantial offer, sign the purchase sale agreement and any additional paperwork.
  • Buyers will put down a deposit. This is typically held in trust at the Brokerage.
  • Discuss the transaction timeline with your realtor based on the accepted offer.
  • Decide on a lawyer for closing.
    • Once you've decided on a lawyer, you'll need to schedule a time to meet and review documents.
    • Many lawyers are entirely virtual, saving you time from having to meet in person. If you need a recommendation, your realtor likely has a list of preferred vendors to share.
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Step 10: Buyer’s Due Diligence Period

  • Be prepared to allow the buyer reasonable access to your home and property for them to conduct inspections.
  • Along with the home inspection, don’t be alarmed if the buyer wants to schedule specialists like electricians or plumbers to come in and inspect the home.
  • If the buyer submits a repair request, work with your realtor to negotiate a solution between both parties.
  • If any reports were required in the accepted offer (ex., recent work, past permits, etc), provide the buyer with them.
  • Allow access to the buyer to view the property before closing as agreed upon in the agreement of purchase and sale (purchaser visits). This is typically 2-3 times with reasonable notice.
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Step 11: Bank Ordered Appraisal

  • Allow access for the buyer's lender to conduct an appraisal. This is to verify that the home's market value supports the contract price. Most lenders will only provide a mortgage to someone with an appraisal.
  • Typically, they will give you at least 24 hours notice and walk through the property inside and out for approximately 1 hour.
  • Answer all questions the appraiser may have honestly and accurately. If you need help handling a question, discuss it with your realtor.
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Step 12: The Home Stretch

  • Once the buyer has waived the conditions, complete any requested repairs before closing.
  • You should expect the buyer to schedule a final walk-through where they will verify that the property's condition is the same as when they made the offer. This also allows the buyer to ensure the agreed-upon repairs have been completed.
  • Make sure to leave every item included in the list of inclusions on your agreement of purchase and sale.
  • The home must be left clean and free of debris.
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Step 13: Closing The Deal

  • Both parties will pay closing costs and adjustment fees directly with their lawyer.
  • Titles are officially transferred to the new owners.
  • Keys will be distributed.
  • Time to celebrate - Congratulations! You sold your home!

Have Questions?

The home selling process can be confusing and stressful, but we're here to help! We strive to make the process as seamless as possible as we guide you through the transaction from start to finish.

Feel free to let us know if there's anything we can help you with in the home-selling process.

Google Reviews

Mona S.

Mona S.

We can’t thank Will enough for his outstanding support throughout our home search and purchase. His patience while showing us so many properties across the city, along with his ability to find options that fit both our budget a...
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Daniel S.

Daniel S.

Worked with Will French on an investment property. Will demonstrated professionalism, with great communication and negotiation skills to complete a purchase we were very pleased with. I'd recommend working with Will.
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Victoria B.

Victoria B.

Monika made our first home purchase an extremely smooth experience! We first met her at an open house and immediately clicked! We were quite picky and she took the time to help us narrow down all of our preferences to find our ...
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Lisa O.

Lisa O.

Monika Shugan and the CHK team were wonderful throughout the process of selling our parents’ house — an emotional task for my family. Monika was positive, responsive, communicative and respectful of our needs. The photos and ma...
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Janina F.

Janina F.

We are more than happy with CHK Real Estate Team, and we are going to make recommendation for CHK Real Estate to our friends. Working with Ian was a pleasure . He treated us like we were a family. The process of selling our con...
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Andrea C.

Andrea C.

Ian is awesome! He helped us with all the visits we needed and made the process so much easier. Highly recommend!
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Sandra C.

Sandra C.

When our daughter decided she had the funds to buy a condo, my husband and I had determined Will French was the agent to help her navigate, explain the complex Toronto market but have the patience with a first time buyer. Our ...
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Tiffany Z.

Tiffany Z.

As a first time home buyer, the process could have been intimidating initially but not with Will French as my realtor. I am so grateful to have worked with him. He took the time to learn my lifestyle and carefully tailored the ...
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Alexandra M.

Alexandra M.

I had an outstanding experience working with CHK Real Estate. From the very beginning, the team was professional, approachable, and extremely knowledgeable about the market. Will took the time to understand my needs, provided c...
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James L.

James L.

I had an opportunity to work with Will French - amazing experience. I wouldn't use anyone else moving forward. Will was patient, informative and an outstanding resource through the process. Starting from day one - personal, pro...
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Lauren H.

Lauren H.

Ian was an exceptional realtor to work with! He helped my boyfriend and I secure an amazing apartment in downtown Toronto, making the entire process smooth and stress-free. Ian was always easy to reach, quick to respond, and in...
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Daniela P.

Daniela P.

We reached out to Ian/CHK to help us find a new rental, and we couldn’t have asked for a better person for the job. Ian was dedicated from day one and helped us find the perfect place. He was incredibly attentive to our needs a...
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Daniel H.

Daniel H.

from start to finish. Thanks to his expertise, we found the perfect condo in Etobicoke—exactly what we were looking for! Ian is not only highly knowledgeable about the Toronto real estate market, but he also shares honest advic...
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Ramunas K.

Ramunas K.

It was nothing, but pleasure to work with our realtor Will French. His experience and expertise in this field helped us navigate through some serious decisions. But what makes him stand out is his level-headed approach to chall...
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Candra M.

Candra M.

Selling and purchasing our home was a very difficult decision to make, however considering my family and I were incredibly fortunate to have realtor Will French - the process had been convenient and straightforward. Will demons...
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Maria J.

Maria J.

Monika Shugan has been spectacular to work with! As first time home owners, and new to Canada, Monika really stepped up in every aspect of this process. Her knowledge of the market along with her experience made this big leap s...
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Maggie H.

Maggie H.

I've known Maggie for over 8 years, and working with her on the real estate side was no different than every other interaction we’ve had - professional, honest, and genuinely caring. She takes the time to understand what you ne...
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Bolu O.

Bolu O.

Finding a new place has never felt this easy. Ian listened closely to every request, offered genuine, well-thought-out advice, and stayed professional from first viewing to key hand-off. His clear recommendations and quick foll...
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Jeff W.

Jeff W.

Monika Shugan is the BEST! From start to finish her attention to detail and communication went above and beyond my expectations. From the initial meeting to negotiating the sale, Monika was amazing. Always quick to respond to a...
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DaShaun A.

DaShaun A.

I had the pleasure of working with Will French and he was the best! Great guy and worked around the clock until we found the best options that checked every box. I’ve even referred him to a few friends
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