Whether you decide to hire a Realtor® or sell your home on your own, there are costs and expenses that are typically covered by the seller. If you are planning to market and sell your home without the help of a Realtor®, you will be paying all of the marketing costs out of your own pocket
. On the other hand, hiring a real estate professional will likely cost you a commission equal to 4-6% of the final sale price of your home. One awesome advantage of hiring a Realtor® is that your agent will cover the cost of marketing your home whether it sells or not.
In addition to marketing costs and Realtor commissions, home sellers are responsible for several third-party fees. These closing fees are incurred through the escrow process. According to Aarp.com
, the average seller closing fees are 1-3% of the final sale.
Here is a list of the costs associated with selling your home.
These fees associated with closing the transaction typically total 1%-2.5% of the total sale price.
There are costs associated with selling your home that will affect the bottom line of how much money you will net at the end of the transaction. These fees can vary based on several factors. If you are thinking of selling your Southern California home, reach out to us for a free estimate of what your seller costs and final net would be.