Selling your home may feel like a very expensive endeavor. There is not a set amount that it costs to sell your home, but there are costs associated with the process that must be accounted for. When you hire an agent to represent you in the sale of your home all of the costs associated with the sale will be discussed. The listing agent will charge a commission for their work, and that commission will be shared with the buyer’s agent. This amount can vary depending on several factors. There are also title fees, HOA fees for disclosure and transfer, and escrow fees…plus any of the buyer’s fees that are negotiated for the seller to cover. It is important to be very clear about all of the fees up front, and throughout the negotiation process…so if you ever aren’t certain please ask for a worksheet of estimated costs from your agent.
Posted in: FAQ for Sellers