What fees can a realotor subtract from the original selling price?

These expenses may include real estate commission, escrow and title fees, transfer taxes, prorated property taxes, HOA dues, and any agreed-upon repairs or buyer credits.

Hi Rachelle! When selling a home, typical seller-paid closing costs include realtor commissions, escrow and title fees, transfer taxes, prorated property taxes, outstanding mortgage balances, HOA dues, and any agreed-upon repair costs or buyer credits. The exact fees depend on your location and the terms of your sale. Ask your escrow officer for an itemized seller's closing statement so you know exactly what will be deducted from your proceeds. Want to know how much you'll actually walk away with after closing? Contact me, and I'll help you estimate your net proceeds! Diya Sarin | DRE 02095684 📞 818.799.7230 📧 [email protected] 🌐 diyasellsla.com IG: diyasellsla

Hi Rachelle, The deductions from your sale proceeds will depend on the terms of your transaction, but common seller costs include commissions, escrow and title fees, transfer taxes, mortgage payoff, property tax adjustments, and any credits agreed upon during the sale. The best way to verify everything is to review the final closing statement, which should show each deduction line by line.