What fees should I expect when selling a home?
What fees should I expect when selling a home?
As the seller, you should expect to incur the following fees.
- Real estate agent commissions.
- As the seller, you will be paying the commission for both the buyer and the seller. In the case of Clever, you should expect a $3,000* flat fee to your agent and 2-3% of the buyer’s.
- Common closing costs for the seller.
- Closing costs on the sale of the home include the following:
- Fees for the escrow company
- The mortgage and home appraisal
- Recording and transfer of the property
- Homeowners’ and title insurance
- Transfer tax
- Prorated property taxes
- Capital gains tax
- Home warranty for the buyer
- Repair bills or a credit for repairs
- Closing costs on the sale of the home include the following:
- Other closing costs:
- Less common closing costs for sellers include:
- Liens against the property,
- Unpaid homeowner association dues
In addition, there may be costs to get your home ready for sale. You may want to repaint rooms, remove wallpaper, or make value-add improvements that increase the value of your home, such as a kitchen remodel. Visit this section of our FAQ to learn more about common costs to prepare you home for sale.