Listing A Home
Once you have decided to sell your property, the first thing is to list your property - establishing with me, the terms and conditions of the sale.
As your Realtor, I will ask you to sign a LISTING AGREEMENT, an official document granting me as the listing Realtor and my brokerage, Black Tusk Realty, permission to represent you in the marketing and sale of your property. The listing agreement is a contract between you and my brokerage company, Royal LePage Black Tusk Realty. It will:
- Provide a framework for subsequent forms and negotiations.
- Clearly spell out the rights and obligations of all parties, the length of the agreement, and the compensation.
- Set the listing price, and accurately describe the property (including lot size, building size, style and materials, floor areas, heating/cooling systems, room sizes, and descriptions).
- Detail what is, and what is not, included in the sale. As a general rule, fixtures are included; chattels, things which are movable, are not. If necessary, list what stays and what goes under inclusions or exclusions.
- Provide information about annual property taxes, and note any easements, rights of way, liens, or charges against the property The agreement binds both parties to its terms and conditions. You, and I as your Realtor, sign the listing agreement and each of you receives a copy.
I may also ask for:
- Plan of survey or location certificate
- A survey of your property showing the lot size, location of buildings, and any encroachments from neighbouring properties. Some jurisdictions need this to complete the sale of your home. Your lawyer may recommend a survey, especially if significant changes have been made to your property.
- Property tax receipts
- Most listing agreements include information about current annual property tax assessments.
- Mortgage verification
- Details about your mortgage provided by a mortgage lender upon your authorization.
- Deed or title search
- A legal description of your property, and proof that you own it.
- Other documentation
- Annual heating bills, water and sewage costs, electricity bills, and recent expenditures on home improvements. Many provinces also require a signed property condition disclosure statement.