How Much Does it Cost to Sell a House?
Whatʼs the Cost of Selling a House?
The average cost to sell a house is nearly 15% of its sale price—which includes agent commissions, home improvements, closing costs and moving fees.
To get a better idea of how much these budget items will cost in your situation, letʼs unpack each category.
Real Estate Agent Commissions
When you sell a house, one of the main expenses will likely be the commission fee—a cut of your earnings that goes to the real estate agents who helped you seal the deal.
Home Inspection
A home inspection, which runs around $280–400, can uncover problems with plumbing, electrical systems, HVAC, the roof, or even the foundation a house is sitting on, according to homeadvisor.com.
Major Repairs
Major home repairs cost about $4,000– 18,500. This covers the needed repairs that come up during your home inspection.
Home Staging
The purpose of staging is to transform your house into a warm, welcoming space buyers will want to call their own —which means bigger bucks for you on a faster timeline.
Closing Costs
The term closing costs refers to fees for services that help to officially close the deal on a house.
Moving Costs
There are many ways to handle moving costs, such as renting a moving truck or hiring a moving company.
Remaining Mortgage Balance
If youʼve got a mortgage on your home, another closing cost youʼll pay is the remaining loan balance—which should be covered by what you make on the sale.
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