Page 9 - Seller Guide Flipbook - 2-5-2021-2
P. 9

aPPrOXimate CLOSing COStS                                                                                                                     WHY YOu neeD a We




                                                                                                                                                                                                      WE
                                                                                                                                                                             WE
                                                                                                                                              We                       help prepare                 finalize               WE
                                                                                                                                                                                                                           list
                                                                                                                                             meet                       your home                    price                your
                                                                                                                                                                         (staging,                                        home
                                                                                                                                                                    photography, etc.)
                                                                                                                                                                                                                                     WE
                                                                                                                                                                                                                              launch custom
                                                                                                                                                                                                                                 marketing
                                                                                                                                                                                                                                campaign

                                                                                                                                                                                 WE                              WE
                                                                                                                                                                             get an offer                 begin showings
                                                                                                                                                                             & negotiate                  & open houses




                                                                                                                                                                  WE
            • Staging & Home Preparation—expenses can vary                                                                                               get Under Contract
             greatly depending on condition and appeal of
             home. (estimate is $0-2,000)                                eXamPLe HOme SaLe:                                                                & stop showing
            • Grantor’s Tax is paid to your municipality. it is equal    (all numbers are hypothetical)                                                                            WE                              WE
             to $1.00 per thousand of sales price or tax assessed                                                                                                             connect you                     schedule the
             value—whichever is higher.                                  $325,000      Sale Price
                                                                         • $19,012     total Broker Commissions                                                             with settlement                 home inspection
            • Attorney Fee for the preparation of the deed,                            (Listing & Selling Brokers)
             ensuring mortgages are paid off, and confirming                                                                                                               services & movers
             proper recording of the sale. (estimate is $500-700)        • $325        grantor’s tax                                                                                                                                WE
                                                                         • $600        Home Warranty
            • Home Warranty cost to provide a 1-year warranty                                                                                                                                                                   negotiate
             to the buyer at closing. (estimate is $500-700)             • $525        attorney Fee                                                                                                                         inspection issues

            • Seller Paid Inspections—there are 3 inspections            • $125        Seller Paid inspections
             that sellers are required to do:  termite, well, septic.    • $500        Staging expense                                                     WE                        WE                           WE
             the expense depends on your property. (estimate             • $2,000      Home inspection repair Costs                                    coordinate                   make                       remove
             is $75-800)                                                                                                                                appraisal                 repair or                 contingencies
            • Commission is paid to Keller Williams midlothian           tOtaL eXPenSeS: $23,087                                                                                 contractor
             and then a portion is shared with the Selling Broker.
             We offer a variable commission rate to our clients          NET:  $301,913                                                      WE                             recommendations
             depending on the services that they need and the
             number of transactions that we do. this will be             numbers and example are based on                              send reminder
             discussed at our appointment.                               estimates. Sellers should consult with                        to transfer/turn
                                                                         their accountant, lender, & local tax
            • Home Repair cost can vary significantly depending          office for specific expenses.                                    off utilities
             on the age and condition of the home, as well as                                                                                               Time                         WE
             buyer request.                                                                                                                                                                                         We
                                                                                                                                                          to Move                    have final
        Opening                                                                                                                                              Out                   walkthrough                     close
           Doors.                                                                                                                                                                                                                       P
      Changing
            Lives.

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