FAQs: How much are standard seller closing costs?

📣 As previously mentioned, each transaction is unique as are the needs of each seller and buyer. When you hire me to list, and get your home sold in concert with a buyer agent, I will provide you with a Net Sheet which will list out all expected costs – we’ll adjust this as each offer comes through, so you’ll have a quick, and efficient look into your expected costs and ultimately your net proceeds. 🏡 Typically, anywhere from 7-10% of the total purchase price can be expected of which anywhere from 4-6% represents the real estate agent/brokerage’s commission (again, typically half of that is then set aside for the buyer’s agent/brokerage). Other various costs could include the following:

• Title search $150 - $400
• Title insurance (owner’s policy) ca. 0.4% of sale price
• Escrow fee 0.5% of the final sale price
• Prorated property taxes and HOA dues based of course on when you sell
• Buyer’s closing costs you may accept e.g., home warranty, interest rate buydown, other seller concessions

Neither Arizona nor Utah have required real estate transfer taxes due as does e.g., California. ✅

🎬 Taking Your Home to Market
🎬 Why You Need an ABR® for Your Next Home Search
🎬 I'm Your ABR® - FAQs for Buyers in Metro Phoenix

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📧 mail@jasonpetersonrealtor.com
🌐 ArizonaMarketWatch.com
🌐 UtahMarketWatch.com