Seller's Guide

Essential information to know about selling a property.

What You Should Know About Selling Your Home

The Organisme d’autoréglementation du courtage immobilier du Québec (OACIQ) has developed this guide to support you throughout the process of selling a property.

It outlines the key steps to follow before and during the sale of your real estate, as well as valuable advice to successfully complete your transaction smoothly.

While this guide serves as a handy reminder, it cannot replace the recommendations of a broker or an agency specialized in real estate or mortgage financing. Its scope is limited to the sale of residential properties. While certain concepts related to properties held in divided co-ownership or undivided co-ownership are addressed, this guide is not exhaustive.


Seller's Guide

Selling Your Property, Step by Step

Selling a property is a significant endeavor, and it's wise to want to be well-informed.

Before: Making Sure You Are Well Prepared

Selling a property is complex. That’s why it’s important to be well-informed and well-supported. By choosing to work with a real estate broker, you are protected by the "Real Estate Brokerage Act." To prepare properly, it is advisable to learn about the broker's role and particularly about their duties and obligations when selling your property.

During: The Steps to Selling Your Property

If a buyer is interested in your property following their visit, they may request to revisit it. Then, if they are represented by a broker, they will fill out with them "a promise to purchase, which will indicate to you" under what conditions they are committing to buy your property. You can then accept their promise to purchase or make a counter-offer.

After: Following the Promise to Purchase

Once the promise to purchase or the counter-proposal is accepted and all conditions are met, it's time to formalize the transaction. This phase primarily involves two procedures with a notary: title examination, which includes verifying documents related to ownership title, dimensions, zoning, and other charges; and drafting the deed of sale. As per the Civil Code of Québec, a notary is essential for property transfer.

Looking to Buy? Discover the Buyer’s Guide.