This is one of the most common questions Sellers ask when getting ready to sell their home. There are a few costs that are unavoidable, and some that are negotiable. And some you can save thousands on…like the commission when you list with LISTED Realty.
Here’s the breakdown on a $300k home:
$300k Sale price
$9k Buyer’s agent commission (3%)
$3500 Listing fee (or $7500-9k if listing with another broker who charges 2.5-3% to list)
$2100 Transfer tax or doc stamps. Uncle Sam wants his cut.
$400- $500 Title service fee, this one varies depending on the company, but is approximate.
$170 Lien search fee
$1575 Title insurance. This is a negotiable item between Buyer and Seller, in Lee County generally the seller pays it and chooses the title company.
$100-200 Estoppel fee (only applicable if you’re in a Homeowners Association)
Total approximate closing costs- $16,845
The fees can add up, which is why it’s important to do some research when choosing an agent to sell your home. Know your costs before making a decision, what is an agent doing for you that’s worth potentially TENS OF THOUSANDS more than listing with Listed Realty for $3500? We are your Fort Myers flat fee real estate brokerage.
Happy Selling!
Callum is a young and energetic licensed Realtor® who is based in Fort Myers, Florida. Callum is quickly making a name for himself as a driven agent who uses the most up-to-date real estate technology to sell homes in the way they should be in the 21st Century. Callum joined LISTED Realty in 2020, and works in partnership with his dad, who is also a licensed professional, to get the job done quickly and efficiently.
Callum is still single, and when he's not working you're likely to find him working out at the gym or playing soccer with his local team.
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