Breakdown of Common Costs When Selling Your Home
- Real Estate Commission:
This fee is negotiable, but it typically ranges between 4% to 7% of your home’s sale price. For more details on commission structures, see below. - Title Insurance:
A one-time fee often paid by the seller as part of the closing costs. The average cost for title insurance is between $2,000 and $4,000. - Buyer’s Loan/Bank Closing Costs:
This is another negotiable expense, but it’s not uncommon for buyers to request sellers contribute toward their closing costs, usually ranging from $5,000 to $15,000. Remember, this amount is subject to negotiation. - Payoff of Existing Mortgage:
If you have an outstanding mortgage, this will need to be paid off in full at closing. Any associated fees will be included in the closing process. - Home Warranty Plan:
Buyers may request sellers to contribute to a home warranty plan. This fee is negotiable, but it typically costs between $500 and $800. - Title Company Fees:
Title companies handle essential paperwork and ensure the smooth transfer of funds. Their fees usually range from $200 to $400. - Miscellaneous Costs:
This category includes prorated property taxes, potential city-assessed fees, HOA fees or assessments, and processing fees.
By understanding these costs, you’ll be better prepared for the financial aspects of selling your home. Let me know if you’d like further details or a personalized estimate!
My flexible commission structure
Standard Program 2.5%
- Professional photography
- Marketing on over 650 websites
- Virtual marketing flyers
- Communication guarantee
- Cancellation guarantee
- Listing on MLS/UtahRealEstate
Premium Program 3%
Includes everything from the Standard Program, plus:
- Enhanced placement on Zillow and Homes.com
- Pre-marketing and “Coming Soon” campaigns
- Access to $10,000 renovation program
- Professional staging consultation
- Social media
- Virtual 3D property tours
- Aerial photography and videography
- Virtual staging
- Reverse offer program
Elite Program 3.5%
Includes all Standard and Premium Program features, plus:
- A mega open house event to draw serious interest
- A custom YouTube video to showcase your home to a wider audience
- A targeted social media marketing campaign to reach the right buyers
- Several hours of handyman services to ensure your home is in top condition
Each program is designed to provide tailored solutions for your selling needs. Let’s find the perfect fit for your goals!
Note this does not include paying for a buyers agent