Total Cost Equation:
From: | To: |
This calculator helps homeowners estimate the total costs associated with selling their property, including commissions, fees, and preparation expenses.
The calculator uses the following equation:
Where:
Details: Understanding all selling costs helps homeowners set realistic asking prices, estimate net proceeds, and budget for the selling process.
Tips: Enter all known costs in dollars. For commission, calculate based on your expected sale price (e.g., 6% of $300,000 = $18,000). Include estimates for repairs and staging if applicable.
Q1: What's the typical commission rate?
A: Typically 5-6% of sale price, split between buyer's and seller's agents.
Q2: Are title fees negotiable?
A: Some title fees are fixed by law, but you can shop around for title insurance providers.
Q3: Should I include cosmetic repairs?
A: Yes, include any repairs that will help your home sell faster or for a higher price.
Q4: Is staging worth the cost?
A: Professional staging can increase sale price by 1-5% and reduce time on market.
Q5: What other fees might I encounter?
A: Consider transfer taxes, HOA fees, attorney fees, and seller concessions.