Best way to prepare an iMac for sale?

I have a 2007 24" iMac I would like to sell. I had upgraded it to 4 GB of RAM and it is running Mavericks. I would like to offer it with Mavericks installed. What's the best way to "reset it all" so my stuff is all cleared out, and the new owner will be able to go through setup and set their own username and settings?
Thanks,
doug

see What to do before selling or giving away your Mac - Support - Apple
However you will not be able to sell it with Mavericks you will have to install the original OS (or the last OS you bought on DVDs).
The license for the App Store versions of Apple software does not allow you to transfer it. It is tied to your Apple ID and for the new user to use it (even if it was legal to transfer it) you would have to give them you Apple account.
regards

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    What is the best way to prepare an iMac with Mountain Lion for sale? A similar question has been asked before in this forum but I am not sure that the answers are still accurate because of Apple's use of the App Store to deliver operating systems and updates. I can easily do a fresh install of Mountain Lion and I think that this will erase any personal data from the computer. However, doesn't this link the operating system to my iTunes account and password?

    Follow these instructions step by step to prepare a Mac for sale:
    Step One - Back up your data:
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           B. Clone to an external drive using using Carbon Copy Cloner.
              1. Open Carbon Copy Cloner.
              2. Select the Source volume from the Select a source drop down menu on the left side.
              3. Select the Destination volume from the Select a destination drop down menu on the right
                  side.
              4. Click on the Clone button. If you are prompted about creating a clone of the Recovery HD be
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                   startup drive.
    Step Two - Prepare the machine for the new buyer:
              1. De-authorize the computer in iTunes! De-authorize both iTunes and Audible accounts.
              2, Remove any Open Firmware passwords or Firmware passwords.
              3. Turn the brightness full up and volume nearly so.
              4. Turn off File Vault, if enabled.
              5. Disable iCloud, if enabled: See.What to do with iCloud before selling your computer
    Step Three - Install a fresh OS:
         A. Snow Leopard and earlier versions of OS X
              1. Insert the original OS X install CD/DVD that came with your computer.
              2. Restart the computer while holding down the C key to boot from the CD/DVD.
              3. Select Disk Utility from the Utilities menu; repartition and reformat the internal hard drive.
                  Optionally, click on the Security button and set the Zero Data option to one-pass.
              4. Install OS X.
              5. Upon completion DO NOT restart the computer.
              6. Shutdown the computer.
         B. Lion and Mountain Lion (if pre-installed on the computer at purchase*)
             Note: You will need an active Internet connection. I suggest using Ethernet if possible because
                       it is three times faster than wireless.
              1. Restart the computer while holding down the COMMAND and R keys until the Mac OS X
                  Utilities window appears.
              2. Select Disk Utility from the Mac OS X Utilities window and click on the Continue button.
              3. After DU loads select your startup volume (usually Macintosh HD) from the left side list. Click
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              4. Set the format type to Mac OS Extended (Journaled.) Optionally, click on the Security button
                  and set the Zero Data option to one-pass.
              5. Click on the Erase button and wait until the process has completed.
              6. Quit DU and return to the Mac OS X Utilities window.
              7. Select Reinstall Lion/Mountain Lion and click on the Install button.
              8. Upon completion shutdown the computer.
    *If your computer came with Lion or Mountain Lion pre-installed then you are entitled to transfer your license once. If you purchased Lion or Mountain Lion from the App Store then you cannot transfer your license to another party. In the case of the latter you should install the original version of OS X that came with your computer. You need to repartition the hard drive as well as reformat it; this will assure that the Recovery HD partition is removed. See Step Three above. You may verify these requirements by reviewing your OS X Software License.

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    This is my first time posting in a forum, so I will apologize in advance if I'm doing something wrong. I've tried to search for a very clear answer to my questions in the existing discussions, but have not had much luck.
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    Whoever said you can't sell you iMac with the current Mac OS X is wrong, I believe.
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