Sale process
What selling a home in Colorado actually involves
1 · Before it goes on the market
Everything here happens before a buyer can see the home.
- Condition
- What to fix is the seller’s call. A pre-listing inspection is not required in Colorado.
- Disclosure
- Colorado requires a seller to disclose known material defects. The duty does not end at closing — and anything an inspection finds becomes something you know.
- Association documents
- With an HOA, ask early. They have fourteen calendar days under Colorado law, and a late status letter holds up a buyer’s financing.
- Price
- Comparable sales and valuation from a leading provider, and the seller sets the number.
- Photographs and description
- Listing photographs are a regulated surface: they describe the property, never the kind of person it is for.
- Paperwork to list
- Putting a home on the MLS means a listing agreement with a licensed brokerage — only an MLS participant can enter a listing.
2 · On the market
The point where buyers can reach the home.
- Where a listing appears
- The MLS is what feeds Zillow, Redfin and realtor.com. A home marketed outside it can still sell.
- Showings
- They run on the hours the seller is willing to host.
- Open houses
- Optional.
3 · Offers
Price is one term among several.
- What else moves the number
- Financing, earnest money, contingencies, concessions, close date, possession and the remedy if the buyer defaults all change what a seller actually keeps.
- Two figures that are never added together
- Buyer-agent compensation and seller concessions are separate terms and stay separate.
- Escalation clauses
- Worth what the competing offers make them worth, not their ceiling.
- Agreeing terms is not a contract
- Colorado wants a signed writing. The contract is what follows.
4 · Under contract
The contract sets every date that follows.
- The dates
- Inspection objection and resolution, appraisal, loan conditions, title commitment review.
- What a date does
- Set by the section of the contract it belongs to. Read that section before the date, not after it.
- The closing date
- A term of the contract too, agreed between the parties.
5 · Closing
Title handles the money.
- The settlement statement
- The title company prepares it once it has final figures. Ask when to expect it and read it before closing day.
- What the proceeds are
- The price less the payoff, prorated taxes and dues, title and closing fees, any credit agreed, and anything agreed toward a buyer’s brokerage.
- Wire instructions
- Confirm by phone, on a number you looked up yourself. Seller proceeds are the most targeted wire in the transaction.
- Possession
- Transfers at closing unless there is a post-closing occupancy agreement.
When you need a professional instead
Probate, divorce, a title dispute or lien, owing more than the house is worth, a 1031 exchange, or being a foreign person for US tax purposes. These need an attorney, CPA or qualified intermediary — no platform substitutes for one, and we will tell you so before you spend an hour on paperwork.