Expenses to expect when selling my home

Originally published July 2025. These estimates are historical; contact Brandon for current costs and program options.

Breakdown of Common Costs When Selling Your Home

1. 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.

2. 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.

3. 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.

4. 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.

5. 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.

6. Title Company Fees:
   Title companies handle essential paperwork and ensure the smooth transfer of funds. Their fees usually range from $200 to $400.

7. 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!