What steps should I take before selling my Xbox One?

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I'm trading in my Xbox One to upgrade to the new 1TB model. What do I need to do now on my existing Xbox One so that all of my data can then be restored or what have you on the new Xbox One? I also want to ensure all accounts are gone from this Xbox before handing it over.
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Quick Answer about "What steps should I take before selling my Xbox One?"
What do I have to do before selling my Xbox one?
Reset using your consoleDo I need to clear my Xbox before selling it?
If you are going to sell your Xbox One, you'll want to set it to factory defaults first and make sure your data is erased from the console.Does factory resetting Xbox One delete everything?
Resetting your console to its factory settings erases all accounts, saved games, settings, and home Xbox associations. Make sure to sign in and connect to Xbox Live if you want your data synced up.How much should I sell my old Xbox one for?
Xbox One \u201cSell\u201d Prices (What you can expect to sell for as of 06/24/2022)ModelOnline Buyback StoresBrick-and-Mortar Stores (Best Buy, Target, GameStop)Xbox One 500 GB$95$40Xbox One 1 TB$115$40Xbox One S 500 GB$120$115Xbox One S 1 TB$130$1252 more rowsHow To Reset and Wipe Xbox One To Factory Settings - Getting Ready To Sell
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