Seller Documents Review
Below is an overview of the essential documents required to sell your house, whether listing it on the market or selling off-market. Each section includes a clear explanation of the document and a video breakdown to help you understand its purpose and how it fits into the process
Seller Documents
These are the documents you may sign, depending on how you choose to sell. Open any document to see its key sections in plain English, or view a sample of the actual form. Bring your questions to our appointment.
Listing With an Agent
Signed if you choose to listListing AgreementSigned at our appointmentOur agreement to list your home: the price, how long the listing lasts, and how I'm paid.
View sample (PDF)
Our agreement to list your home: the price, how long the listing lasts, and how I'm paid.
View sample (PDF)- Sec. 2 Length. The start and end dates. If you're under contract when it ends, it stays in effect through closing.
- Sec. 4 List price. Any price change is agreed in writing. Commissions aren't set by law and are negotiable.
- Sec. 5 My compensation. Paid only when your sale closes. If a buyer who saw your home during the listing goes under contract on it within the days written here, it's still owed. I'll give you that list of buyers within 15 days after the listing ends.
- Sec. 7 & 8 Buyer's agent and credits. You decide whether to offer anything to a buyer's agent. It isn't required by law. Buyers may ask for credits toward their costs, and those are always negotiable.
- Sec. 9 & 10 Marketing and showings. Where your home is advertised, whether a lockbox is used, and keeping valuables put away.
- Sec. 13 Your part. Share known defects, keep the home maintained, and tell me about any past-due mortgage, tax, insurance, or HOA payments.
- Sec. 14 & 15 What stays, and cameras. Fixtures and built-ins stay unless you list them as excluded. If you have cameras, post a notice. Recording audio can be illegal.
- Sec. 16 Cancelling. The agreement can be cancelled early if we both agree in writing.
Seller Advisory: Limited Market ExposureSigned with the listing agreementExplains what you may give up if your home isn't marketed publicly on the MLS and sites like Zillow.
View sample (PDF)
Explains what you may give up if your home isn't marketed publicly on the MLS and sites like Zillow.
View sample (PDF)- Fewer buyers see your home, which can mean less competition and a lower price.
- Homes with limited exposure often take longer to sell.
- eXp Realty encourages full market exposure before you accept an offer. The final choice is yours.
- It's an acknowledgment that we talked through your options, not a contract.
Seller's Disclosure StatementCompleted before your home goes liveYour answers about the home's condition, required by Michigan law.
View sample (PDF)
Your answers about the home's condition, required by Michigan law.
View sample (PDF)- Appliances and systems. Which ones are in working order, from the furnace to the dishwasher.
- Condition. Basement water, roof, heating, plumbing, electrical, septic or well, pests, and any environmental hazards.
- Other items. Easements, HOA or shared areas, unpermitted work, past flooding or major damage, assessments, and pending lawsuits.
- How to answer. Answer every question to the best of your knowledge. "Unknown" is an allowed answer. It's a disclosure, not a warranty.
- Why it matters. If something changes before closing, the buyer must be told. Without a signed disclosure, a buyer can cancel the purchase agreement.
Lead-Based Paint DisclosureDetails needed for homes built before 1978A federal disclosure about lead-based paint. Newer homes simply mark it exempt.
View sample (PDF)
A federal disclosure about lead-based paint. Newer homes simply mark it exempt.
View sample (PDF)- You check whether you know of any lead-based paint and whether you have any reports on it.
- Any reports you have are shared with the buyer.
- The buyer gets 10 days, or another agreed period, for a lead inspection, or can waive it.
The federal booklet "Protect Your Family From Lead in Your Home," given to buyers. Nothing for you to sign.
View the EPA pamphletWiring Fraud AdvisorySigned at our appointmentHow to protect your sale money from wire fraud.
View sample (PDF)
How to protect your sale money from wire fraud.
View sample (PDF)- eXp Realty will never send you wiring instructions.
- Before any wire, call the title company at a number you already had, not one from an email.
- Don't email or text your Social Security number or bank details.
- If a call or email seems off, stop and call me or the title company directly.
Agency Relationships DisclosureReviewed at our appointmentExplains who I work for and what I owe you. It's an acknowledgment, not a contract.
View sample (PDF)
Explains who I work for and what I owe you. It's an acknowledgment, not a contract.
View sample (PDF)- As your seller's agent, I act solely on your behalf.
- I owe you reasonable care, loyalty, confidentiality, and an accounting of any money I handle.
- I'm not an attorney, tax advisor, appraiser, or inspector. I'll refer you to those professionals when you need one.
- As a designated agent, only I and my supervising broker represent you within eXp Realty.
- Dual agency only happens with your written, informed consent.
An agreement between real estate brokerages about a referral fee. It's paid from my compensation and doesn't change what you pay.
Selling Privately Off-Market
Signed if you choose to sell off-marketPurchase AgreementSigned at our appointmentThe contract to sell your home directly to an investor buyer, AJR Property Investments LLC.
View sample (PDF)
The contract to sell your home directly to an investor buyer, AJR Property Investments LLC.
View sample (PDF)- Sec. 1 Price and what's included. The purchase price, plus fixtures and items like lighting, ceiling fans, appliances, sheds, and fences, unless listed as excluded.
- Sec. 2 Closing. On or before the date written, at a title company. The buyer does a final walk-through within 24 hours of closing. You pay your own normal closing costs.
- Sec. 3 Title. You deliver clear title, and costs to clear liens or title problems are yours. If a problem can't be fixed within 30 days, the buyer can cancel.
- Sec. 5 Public notice. The buyer may record a notice of this agreement on the property's public record. You initial this section.
- Sec. 6 Assignment. The buyer may assign the contract or resell your home to another buyer. Members of the buying company are licensed real estate agents, but no agent represents you in this sale.
- Sec. 8 Prorations. Taxes, HOA dues, and similar costs are split as of the closing date. Any past-due property taxes are paid by you at closing.
- Sec. 9 As-is. No inspection contingency, no appraisal, and no repair requests. You confirm the sewer line works and you know of no major structural defects, except any you list.
- Sec. 10 Funding. The buyer uses private cash funding. If it falls through, the buyer may extend the closing date to replace it, or cancel without penalty.
- Sec. 11 Possession. Remove all belongings and debris before closing.
At Closing
Either way you sellThe final numbers: your sale price, closing costs, mortgage payoff, any commission, and the amount you'll receive. Review it before closing day and bring any questions to me or the title company.
Questions About a Document?
Write them down and we'll go over them at our appointment, or call or text (586) 238-3693 anytime.
See what to expect at your appointment
These summaries are a plain-English guide, not a substitute for reading the documents. I'm a licensed real estate agent, not an attorney. For legal questions about any document, please talk with your own attorney.
Listing Agreement
Below, you’ll find a list of all the contracts and documents that must be signed to list your property for sale. Each document includes a brief explanation that walks you through its purpose and details.
Exclusive Authorization and Right to Sell Agreement (Listing Agreement)
This is the primary contract between you and your real estate agent. It outlines the terms of the listing, including the listing price, commission, and the agent’s responsibilities.
Seller's Disclosure Statement
Informs buyers about the property's condition, including appliances, systems, structural issues, and hazards. It ensures transparency but is not a warranty. Sellers must complete it honestly and update it before closing.
Lead-Based Paint Seller's Disclosure
This federally required form applies to properties built before 1978. It informs buyers of potential lead-based paint hazards and includes disclosures from the seller, acknowledgment from the agent, and confirmation from the buyer. The document ensures transparency, compliance with federal law, and protection for all parties.
Affiliated Business Arrangement Disclosure
Informs you of eXp Realty's relationships with certain service providers, like SUCCESS Lending, which may offer financial benefits to eXp. You’re not required to use these services and are free to choose other providers, ensuring transparency and informed decisions about settlement services.
Disclosure Regarding Real Estate Agency Relationships
Explains the type of relationship you, as the seller, will have with your agent. It clarifies the agent’s responsibilities, such as loyalty, confidentiality, and acting in your best interests. However, this document is not a contract. It’s simply an acknowledgment that you understand the agent’s role and the nature of the relationship before confidential information is shared.
Off-Market Sale Agreement
Below is the document used for our off market sale of the property with a brief description and video explanation.
Purchase Agreement
This title clearly conveys that the section pertains to a single contract used for selling a property outside the traditional listing process
Closing Document
Below is the document that the seller will receive before closing to review what will be paid at closing.
Seller Settlement Statement
The Seller Settlement Statement outlines the financial details of your property sale, including the sale price, buyer credits, and closing costs like title insurance and escrow fees. It also shows mortgage payoffs, broker commissions, and the net proceeds you’ll receive. This document ensures transparency, giving you a clear view of the transaction’s financial outcome.