If you’re thinking about selling your home,
take note that buyers aren’t the only ones who have to pay closing costs.
closing costs for sellers can differ due to variations in local tax laws and other requirements,
you can expect to pay anywhere between 8% to 10% of the home’s sale price during closing
Sellers also need to PAY tons of fees,
and it’s something you need to keep in mind when presenting an offer.
Because you want your offer to be accepted, right?
It’s important that you know about these potential costs to understand your obligations as a seller and avoid unwanted surprises at closing.
One of the most significant closing costs you have to cover when you sell your home is the real estate agent commissions. A typical commission is usually between 4 and 6% of the sales price of the home, which will be split between the listing agent and the buyer’s agent.
The real estate commission is usually the biggest fee a seller pays, but there’s a higher risk if you choose not to hire an agent and choose to For Sale by Owner (FSBO). Since selling a home is a complicated process, it’s better to have a professional by your side who will guide you through every step and make sure you get the most profit from the sale of your biggest investment.
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I am not an Attorney, a financial advisor or a CPA. The information in these videos shall not be construed as tax, legal, or financial advice from a qualified perspective. If you need such advice, please contact a qualified Attorney, a financial advisor or a CPA.
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No soy ABOGADO, ASESOR FINANCIERO, ni CONTADOR PUBLICO.
Absolutamente todo el contenido de estos videos no debe ser interpretado como asesoramiento legal, financiero, ni fiscal.
Si llegas a necesitar algún tipo de ayuda de tipo legal, o financiero, consulta con un profesional.
Si estás interesado en vender tu propiedad o invertir en Real Estate no dudes en contactarme.
Ciao
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Thanks for watching SERDNA TALKS by Andres V.
Realtor @ Robert Slack
Miami Association of Realtors.