The first formal step in marketing your property is to enter into a Listing Agreement - a contract that commits your Realtor to actively market your home for a specified period of time (see Agree on Marketing Plan). It also commits you to a pre-established commission that is to be paid upon the successful closing of the sale.
Your realtor may require a following documents in order to finalize the agreement:
- Real Property Report
- Property tax receipts
- Mortgage verification
- Floor plans or blueprints
- A list of all features, upgrades, and recent renovations.