Sell it on the Market
When you sell your home on the market, you will likely incur the following closing costs:
- Realtor's commission (5-7% of the sale price)
- Cleaning, staging and marketing fees
- Home inspection
- Appraisal fee
- Title insurance
- Transfer taxes
- Repairs
Selling your home on the market means that you won't know the closing date, you won't know how much you are getting at closing, and you won't have a guarantee. As a rough estimate, you can assume you will only pocket 88-92% of the sales price (minus the mortgage value). It's very expensive to sell your home with a Realtor!