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In traditional property transactions, the person selling the property pays the agent they hired and also the agent working for the buyer. Their total commission is usually around 5-6% of the sale price.
When purchasing a property, buyers may request that the seller cover a portion of the associated costs, typically between 1.5% and 2% of the purchase price. The exact amount is determined by factors such as the buyer's initial payment and the property's location., depending on upfront payment and location.
Getting your house ready for potential buyers can be expensive. You may need to spend money on things like making your home more attractive, storing your stuff, and making upgrades.
When the seller accepts an offer, the buyer usually performs a property inspection to identify any issues. The buyer may want you to make repairs or request a credit equal to the estimated repair cost. Furthermore, upgrades and renovations may be required, with a typical cost range of $40-$60 per square foot.
When purchasing a property, there are additional expenses called closing costs. These costs can vary from 1% to 3% of the sale value and depend on the property's location.
The payoff amount, which is the cost of paying off your mortgage in full, may differ from your current outstanding balance.
We Buy Houses Fast charges zero fees so ALL net process got right into your pocket. We also handle your closing costs!
Total Cost to Sell: $0