How to Sell your Investment in 4 Easy Steps

Selling an investment in your Equity Trust account is simple, but you must be aware of a few guidelines.

Complete Sales Agreement

First you must negotiate the sale of the investment with a buyer and complete a sales agreement. Note: As with buying an investment you must have the correct title on all documents related to the sale.

Equity Trust Company Custodian FBO (your name) IRA
Or
Equity Trust Company Custodian FBO (your account number) IRA

Complete Sale Direction of Investment (DOI)

You must complete on the Equity Trust Sale DOI’s, sign and date each page, and accompany any additional documents needed to complete a sale. On the accompanying documents, list each spot where you would normally sign so that Equity Trust can sign on behalf of your Equity Trust account.

Submit DOI and Documents to Equity Trust for Signing

Often when selling an investment such as real estate or a promissory note documents must be signed by Equity Trust before the sale is final. You must submit the DOI, along with accompanying documents to Equity Trust via fax (440) 366-3752 or by mail, Equity Trust, P.O. Box 1409, Elyria, Ohio 44036.

Once the Sale DOI and documents are submitted, Equity Trust will sign and send back for the closing.

Funds from Sale Return to Your Account

When the sale is final, the seller remits payment for the investment to your Equity Trust account. Payment can be remitted by check or wired directly to Equity Trust.

Equity Trust will provide pre-filled payment coupons that the seller or you can accompany with funds.