You can compare options before choosing a buyer. Use this worksheet to organize what matters to you and what you still need to ask. No contact details required.
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Three paths to consider
Compare the process as well as the price.
List in its current condition
Explore the market without first committing to a renovation. Ask an agent about comparable sales, likely buyer expectations, marketing, and the costs of listing as it stands.
Ask: What preparation is worthwhile, what could affect financing, and what range of proceeds is realistic?
Repair, then list
Consider whether the expected change in sale price justifies the money, time, and uncertainty of the work. Get actual repair estimates before assuming a project pays for itself.
Ask: Which repairs matter, who manages them, and how would a delay affect my plans?
Consider a direct purchase
Compare a written purchase offer with the alternatives. Look at the price, conditions, proposed buyer, deductions, and closing arrangements together.
Ask: Who will close, could the contract be assigned, and what conditions must be met?
Your priorities
What does a workable sale look like for you?
Before comparing numbers
Use the same basis for every option.
A possible listing price, an estimated sale price after repairs, and a written purchase offer are different things. For each option, ask for an estimate of what you would receive after the applicable selling costs, agreed deductions, and any balances to be settled at closing. Mark unknown amounts as unknown.
This worksheet organizes questions. It does not value your property, estimate your proceeds, or replace advice on your particular transaction.
Before signing
Questions to take to the conversation.
Who is named as the buyer, and can the contract be assigned?
What conditions could change the price or prevent closing?
Which costs or deductions are included in the written terms?
What is agreed about occupancy, belongings, and possession?
When is the proposed closing date confirmed?
Who can explain the agreement independently before I sign?
Ask an attorney or an agent you trust to review the proposed agreement. Keep the written answers with your comparison.