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
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.
Copy of Lead Based Paint Pamphlet
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.
Wiring Fraud Advisory Notice
Real estate transactions are a target for cybercriminals who may send fraudulent wiring instructions. To protect yourself, never trust wiring details sent via email, verify all instructions by phone using a trusted number, and avoid sharing sensitive information via email. If you suspect fraud, independently confirm communications and alert your bank, agent, and escrow officer immediately.
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.