Let’s talk about something most sellers don’t hear enough about upfront: how much money you’ll actually walk away with when you sell.
Spoiler alert: it’s not the sales price.
There are several costs involved in selling, and understanding them ahead of time helps you plan smart and avoid surprises.
💵 The Real Breakdown of Seller Costs
Here’s what typically comes out of your sale price:
1️⃣ Real Estate Commission
This usually ranges from 5–6% of the sale price and is typically split between the listing and buyer’s agents.
2️⃣ Title, Escrow & Legal Fees
Expect about 1% for closing services, title insurance, and document prep.
3️⃣ Transfer Taxes & Municipal Fees
Depending on your county or city in South Florida, these vary but should be factored into your closing estimate.
4️⃣ Outstanding Mortgage Payoff
This includes your remaining loan balance, and possibly a small prorated interest amount depending on your closing date.
5️⃣ Repairs or Credits
Did the buyer ask for a credit after inspection? Did you agree to cover some of their closing costs? These affect your bottom line.
📊 What You’ll Actually Net
Your net proceeds = Sale Price – (All Selling Costs)
But don’t worry, you don’t need to do that math alone.
📄 I’ll provide a detailed Seller Net Sheet that includes:
- Estimated costs
- Potential scenarios based on price points
- A clear view of what you’ll walk away with after closing
💡 Why This Matters:
When you know your numbers, you can:
- Plan your next purchase with confidence 🏠
- Budget for moving, deposits, or upgrades 🚛
- Avoid any last-minute surprises 😅
🎯 Bottom Line:
You deserve full transparency about what your home is worth, and what you’ll keep after the sale.
📩 Ready for your custom Net Sheet? Just message me with your address, and I’ll run the numbers, no pressure, just clarity.