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How Much Does it Cost to Sell a House?

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Knowing the fees associated with selling a home will give you a clear idea of how to maximize profits.

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Home Inspection

The home inspection is one of the more common selling costs for homeowners and while the price of this inspection varies, it costs about $400 on average.

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Making the necessary cosmetic or structural repairs to a home can make it easier to get past the inspection with a buyer.

Home Repairs and Staging

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How much you pay for the real estate agent’s commission will depend on what your agreement is, but in general, it will cost between 5% and 6% of the home’s sale price.

Real Estate Agent Commission

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If a house is sold for a profit after less than one year of owning it, the seller will likely be on the hook for short-term capital gains tax, which is paid to the IRS and may run as high as 37%.

Capital Gains  Tax

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Property Tax

This amount is typically calculated by the title company at 125% to 150% of the previous year’s property tax amount.

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Title Insurance

Before a home is sold, the title company will research the property to verify the seller owns the home and that no one else has a claim to it.

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