Most sellers get agents to advertise their property and handle paperwork. Agents will ask 1% of the sales price in return. Make sure you have the title to the home, up to date tax documents, and the original purchase receipt to hand. A seller must have paid off the mortgage in full unless the seller’s bank can directly transfer the mortgage to the buyer’s bank. Factor in spending on renovations and your desired selling price. Sellers must pay a 20% capital gains tax if they sell less than five years after buying.