State of Minnesota
More about
Attorney General
Lori Swanson


Minnesota Attorney General's Office

1400 Bremer Tower
445 Minnesota Street
St. Paul, MN 55101

(651) 296-3353
(800) 657-3787

M - F 8 am - 5 pm

TTY:(651) 297-7206
TTY:(800) 366-4812

Housing

Home Sellers Handbook

SECTION ONE: SELLING YOUR HOME

There are many reasons for moving. Maybe you got that once in a lifetime job offer or your family is growing and quickly running out of space. Maybe you want to relocate to a new neighborhood or find a house with a bigger backyard.

Whatever reasons influence you to sell your home, you have some important decisions to make. People often feel overwhelmed not only by the complexity of selling their home to a new owner, but by the surge of emotions they feel leaving their home. This guide offers some sound advice, as well as important information about selling your home in Minnesota.

By following the Klines and Ellen Bower as they sell their homes, youíll have the opportunity to learn from their success ó and their mistakes!

SECTION TWO: YOURSELF OR AN AGENT?

Pros And Cons of Being A FSBO
Tips For FSBOs
Hiring A Real Estate Agent
What Listing Agreement Should You Sign?
What Should Your Agent Do For You?
Have A Complaint About An Agent?

SECTION THREE: KEEPING UP APPEARANCES

Easy Improvements To Increase Your Home's Value
Hiring A Contractor

SECTION FOUR: SETTING A PRICE

Why Not Start High?
Pricing Tip
Should You Offer Financing Help To A Buyer?
What If Your House Doesn't Sell?

SECTION FIVE: ACCEPTING AN OFFER

Reviewing The Offer
The Arbitration Agreement: To Sign Or Not To Sign?
Discrimination
What Does Your Buyer Need From You

SECTION SIX: CLOSING ON YOUR HOME

When Should You Schedule The Closing?
Do You Need A Closing Agent?
What Will You Pay To Close?
What Can Go Wrong?
What Can You Do?

SECTION SEVEN: SWEEP UP AND MOVE ON

APPENDIX Sample Forms
Form A: Exclusive Right To Sell Listing Contract
Form B: Purchase Agreement
Form C: Sellerís Property Disclosure Statement

Additional Consumer Information

Home Sellers Handbook (PDF)