I have an accepted offer to sell my property! Now what?

If you are new to selling BC real property, we recommend that you begin with a look at the general information found on our residential property FAQ’s page and rely upon the professional guidance of your Realtor. In addition, here is a checklist that although not exhaustive, you may find helpful to step you through the conveyancing process once your contract is firm and binding.

SELLER’S CHECKLIST
UPON FINAL SUBJECT CLAUSE REMOVAL (FIRM CONTRACT):
– Advise your agent you will be represented by Maguire & Company
– At your convenience, complete our Property File Starter form (optional) to get a better idea of what we will need from you, save you time when the file is being opened, and communicate your information accurately
– Consult with your mortgage lender, if any, for suggestions to mitigate possible payout penalty
– Make moving arrangements, if applicable, including shift/cancel of utilities and insurance
– Corporations or Estates ensure that their documentation will be in good standing by closing
– If executing by Power of Attorney, ensure original can be located
– Non-residents consult their accountants regarding CRA clearance
ABOUT THREE WEEKS PRIOR TO COMPLETION:
– Expect to hear from Carolynne Maguire to exchange details and establish your file with us
– Expect to receive emailed confirmation/information from our conveyancing team
– Contact us with any questions or new developments
WITHIN THE WEEK PRIOR TO COMPLETION:
– Attend at signing appointment to execute the required transfer documents (bring photo ID)
– Direct how you would prefer to receive sale proceeds (collected from us or deposited by us)
COMPLETION:
– Transfer documents are registered at Land Title Office and sale proceeds released by buyer
– Agents will be advised of registration number to confirm successful closing
– Sale proceeds are distributed next business day
POSSESSION:
– Leave the property in the condition agreed upon in your contract
– Leave with your agent or in the property:
a. the keys / alarm codes / garage remotes
b. appliance warranties / instruction manuals
c. any notices (property tax, city utilities, garbage collection days, etc) of use to the buyer
– Buyers will receive keys at the appointed time through their agent
POST-TRANSACTION REPORTING:
– You will receive final written confirmation of registration and sale proceeds to close the matter
– Tell your agent and friends what a positive and efficient experience you enjoyed with us!
YOUR NEXT PROPERTY TRANSACTION:
– We look forward to working with you again!