· Selling a house is time consuming and expensive – often much more than sellers might expect. When you’re thinking about selling, it’s easy to get excited looking at your Zestimate and seeing how much your home value has increased over the years, but it’s important to be prepared for the hidden, and sometimes overlooked, costs of selling a home.
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Average costs of selling a house: Type of cost: How much? Remortgaging: 1,500-3,000: Estate agent fee: 1.3% of selling price: Conveyancing fee: 500 – 1,500 (more if you’re buying a property too) EPC: 50 – 120: Removals: 400 – 1,200
How much will it cost to move house? It’s easy to overlook the costs involved in buying and selling and moving house. This calculator will estimate your moving costs. The figures given are for general guidance but are unlikely to be an under estimate. Your own costs may be lower.
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How Much It Cost To Sell Your House, Sell My House If you have a home that you would like to sell, whether this is your personal residence or a rental property that you would like to simply unload or flip, there are costs that are involved with this procedure, expenditures that you may not have thought of before making this decision.
How much commission do realtors charge? These can run anywhere between 3% and 7%, depending on where you live and what you negotiate with your agent. A 4% real estate commission on a house that sells for $500,000 will set you back $20,000. In a hot market, you may be able to avoid this fee by selling your own home.
Closing Costs, $14,281 on average The bulk of the expense in selling your house is the closing costs, which include real agent commissions, sales taxes and state transfer taxes. This figure is an average. The actual amount is a percentage based on the home’s sale price and can vary widely.
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