Frequently Asked Questions:
After all the fees are taken out how much money will I actually get from my home sale?
This is a tricky one because there are so many variables to consider. Depending on what county you preside there are different closing fees and different title fees to pay. You sale price will also determine how much your owner's title policy will cost. There are also other items like prorated taxes, insurance, and interest on any loans. You will also need to consider any repairs that will need to be completed and lender fees and courier fees.
If you are looking for a very rough estimate as an example here you go:
$250,000 Home Sales Price
$18,750
Real Estate Marketing/Commissions for both Brokers and Escrow and Title Fees
$231,250 Your Sales Net
(then subtract your loan if applicable)
Total Net
I have multiple homes to sell? Can I get a discount?
Yes. Real estate is very much a case by case scenario with many variables to consider. Also if selling a home is a slam dunk then you should get a discount for it. If selling a home is going to be a nightmare then it should cost more. As a real estate company we need to make good business decisions and you as the client need to do the same.
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