Published May 12, 2024

Understanding Closing Costs when Selling A Home

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Written by Tiffanie N. Patton

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What does it costs to sell a home other than commissions?  Before you put your home on the market, it’s important to understand the costs associated with selling it.

As a homeowner, you are familiar with how much it costs to buy a home. What you may not realize, however, is that selling your home can be expensive. We do want you to be prepared for any surprises and prevent surprises.

Here are the costs you should be prepared to pay.

Primary costs

Closing costs: Sellers, like homebuyers, are subject to pay closing costs. These are typically the largest expense sellers are expected to pay, and they include real estate commissions, taxes and fees. These costs will be taken from the sale proceeds of the home at closing.

Real Estate Commission is the largest segment of your closing costs. Buyers agents commissions are negotiable but will have an effect on your marketing plan. We have offer a Menu Marketing Plan to meet your needs.  Contact Us for Our Marketing Menu

Fees and taxes: You can expect to pay between 2% and 4% of the homes sale price. Be aware that these costs.

Secondary costs

Home repairs and improvements: Most sellers find themselves making home repairs and improvements before putting their home on the market. This can include staging, carpet cleaning, interior painting, landscaping, and general repairs. Making your home to standout in order maximize your price in this market..

In conclussion- 

With proper planning and preparation this will allow you to achieve the maximum price, with a quicker sell, and less surprises. We will gladly show how to achieve these goals.

Contact Us if you are interested in selling your home.

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