MARYLAND FIRST TITLE

Seller's Checklist

Optimize your financial returns through simple steps

7 Steps to an Optimized Real Estate Sale

1. Resolve contingencies

Make sure all the contingencies in the signed contract of sale have been completed. If the buyer asks for repairs to be done, you can negotiate with them on who will complete and pay for those repairs.

2. Notify everyone you are moving

Notify all people and business, that you interact with, that you are moving. It is important to make sure all your mail and bills are being sent to your new address. It would be helpful to let the local post office know about your change in address.

3. Clean the house

This is more of a gesture for good karma, however it once everything has been moved out it is important to have the home in broom clean condition at a minimum. Most sellers will hire a cleaning company to come in and do a deep clean.

4. Put all keys, manuals, and remotes in one place

This is important for the Buyer to have access and knowledge of the place. Leaving all the important things in one place makes it easier for the Buyer. It is also important for them in case an appliance breaks they can look at the manuals and see if the appliance is under warranty.

5. Do a final look over

This is helpful to make sure you didn’t leave anything behind.

6. Settlement

The last stage of selling a home. The buyer and seller come to our office where a closing is conducted. The Seller should be prepared to bring a photo ID, wire instructions and any questions they might have. During this stage all the loan documents and title company documents are reviewed and explained. At this stage ownership of the property is transferred from the seller to the buyer.

7. Cancel utilities and insurance

At this point, the buyer is responsible for having utilities and insurance so make sure to cancel your current plans on the home you just sold.