Real Estate FAQs

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
  • 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.

For more a more detailed look at the closing costs you should expect to pay as a seller, see our blog post (insert blog post).