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Net Proceeds
$179,000
Home Sale Price
$200,000
Total Costs to Sell
$21,000
$12,000
When it comes to conventional property transactions, the vendor incurs expenses
for both the representative they have hired and the real estate agent working for the purchaser.
Typically, the overall commission amounts to roughly 5-6% of the sale value.
$1,000
The sum of all expenses incurred in preparing your house for display to
prospective purchasers is referred to as the total cost. The amount may fluctuate depending on the cost
of staging, the expense of cosmetic upgrades, and the cost of storage.
$4,000
It is a common occurrence for purchasers to request the sellers to cover
expenses on their behalf. The amount can vary from 1.5% to 2% of the sale value, depending on the
magnitude of the buyer’s down payment and the location of the property
$2,000
It is a common occurrence for purchasers to request the sellers to cover
expenses on their behalf. The amount can vary from 1.5% to 2% of the sale value, depending on the
magnitude of the buyer’s down payment and the location of the property
Costs that are associated with finalizing a property sale, known as closing
costs, can vary in amount, ranging from 1% to 3% of the sale value, depending on the location of the
property.
After accepting a proposal from a buyer, they typically conduct an inspection of
the property to check for any imperfections. The buyer may request that you carry out repairs or request
a credit equivalent to the estimated cost of repairs. Additionally, upgrades and renovations may be
necessary, with the cost usually falling between $60-40 per square foot.
The cost of paying off your mortgage in full at present is referred to as the
payoff amount. It is important to keep in mind that this figure may differ from your current outstanding
balance.
This educational tool is made available for informational purposes only and does not guarantee accuracy. The
costs estimated are rough estimates and there is no assurance that all possible expenses have been accounted
for. This tool should not be considered a substitute for a professional evaluation.
Net Proceeds
$179,000
We charge zero fees so all net proceeds go right into your pocket!
Home Sale Price
$200,000
Total Costs to Sell
$21,000