Summitly SignatureThe selling process
How to sell a house in Ontario, step by step.
Coldwell Banker Summit Realty, Brokerage · Updated October 2026
With Summitly Signature, selling your Ontario home follows eight steps: valuation, preparation, staging, marketing, launch, showings, offers and closing. Here is what happens at each one — and what to watch for — when you sell with Summitly Signature.
Eight steps
From first visit to keys.
Valuation and consultation
Start with an instant estimate if you like. Then an agent walks through your home and recommends a price based on nearby sales and competing homes. Before you agree to list, the agent gives you RECO’s Information Guide and explains the written listing agreement, commission, term and advertising.
In our experience, the right price on day one matters more than the month you list.
Preparation
Touch-up paint, decluttering, a deep clean and any obvious repairs. Your advisor tells you what is worth doing — and what isn't.
Large renovations just before a sale often do not pay for themselves; ask your agent first.
Staging
Furniture, light and flow arranged so each room feels open and easy to picture. Vacant homes often benefit from full staging.
An empty room is harder for buyers to imagine living in.
Marketing: photos, video and print
Professional photography, video, drone footage where permitted and a printed brochure — planned as your home requires.
Your advisor times the shoot for the best light.
Launch
Your home goes live on the MLS® System and REALTOR.ca, and reaches buyers searching with Summitly, targeted online ads and your neighbours.
Check every detail of your listing before it goes live.
Showings and seller reports
Buyers and their agents book showings through your advisor. You get the feedback, and regular written updates while you're on the market.
If interest is slower than expected, your report says what to change.
Offers and negotiation
Every offer is laid out side by side: price, deposit, conditions and closing date. Your agent negotiates on your instructions. Before offers, disclose known latent defects that make the home unsafe or unfit to live in; the SPIS is optional and your lawyer can advise.
Decide the number you would walk away at before offers arrive.
Closing day
Once any conditions are removed, the deal is firm. Your real estate lawyer handles the transfer and pays off your mortgage from the proceeds (ask your lender now about any prepayment penalty). Closing is the date in your agreement, often 30 to 90 days later. For a condo, the buyer's lawyer will review the status certificate. You hand over the keys.
Do a final check that fixtures and inclusions match the agreement.
Summitly Signature
Let's talk about your home.
A free consultation with one of our advisors. You'll leave with a clear view on price, preparation and timing — and no obligation to list.
Not ready to talk? Ask ZaraColdwell Banker Summit Realty, Brokerage (905) 553-8500
310-3100 Steeles Ave W, Vaughan, ON · Broker of Record: Waqar Afzal
Updated October 7, 2026 · Coldwell Banker Summit Realty, Brokerage
Reviewed by Waqar Afzal, Broker of Record ·
Brokerage services, representation, fees and disclosures. Mortgage, tax and legal information links to official sources and requires advice from the appropriate professional.
After closing
Report a principal-residence sale on Schedule 3 and Form T2091 when required. Non-resident sellers need advice about section 116 clearance and withholding before the sale.
Official source
