How Much Can You Really Make
from Selling Your Home?

When it comes time to sell your home, one of the first and most important questions you’ll likely ask is: How much can I actually make from the sale? While it may seem like a straightforward equation – sell the home, subtract what you owe, and pocket the rest, the reality is a bit more complex. Estimating your net profit requires a careful look at all the fees, expenses, and potential deductions involved in the transaction.

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Understanding the True Cost of Selling

To plan effectively, it’s essential to break down the various costs associated with selling a home. These costs may include:

• Real Estate Agent Commissions: Typically, around 5–6% of the sale price, this is one of the largest expenses sellers face. However, it often pays off through professional marketing, negotiation expertise, and faster sales.

• Closing Costs: These can range from 1–3% of the sale price and may include title insurance, escrow fees, attorney fees (where applicable), and more.

• Repairs and Home Preparation: Whether it’s a fresh coat of paint, landscaping, or fixing that leaky faucet, preparing your home for the market can come with out-of-pocket costs. These improvements can increase your sale price and attract more buyers.

• Mortgage Payoff: If you still have a mortgage on your property, the remaining balance will be paid off at closing. Make sure to check if there are any prepayment penalties or final interest payments.

 

All of these elements can affect your bottom line. That’s why having a clear picture of your estimated net proceeds is so important. Not just for your peace of mind, but for your financial future as well.

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Whether you’re planning to upgrade to a larger home, downsize to simplify your lifestyle, relocate for work or family or invest in a new opportunity, knowing how much you’ll walk away with puts you in control. It empowers you to set a proper budget, explore mortgage options, and even negotiate better terms on your next purchase.

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Use a Tool Designed for Sellers

Rather than trying to calculate everything on your own, take advantage of tools designed to simplify the process. The Sale Proceeds Calculator allows you to input your home address and receive an instant, tailored estimate of your potential earnings. It factors in key variables such as your home’s value, estimated closing costs, and agent fees to give you a clearer picture of your financial outcome.

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Don’t Leave Money on the Table

Selling a home is one of the largest financial transactions most people ever make. Understanding your financial position before you list is not just a smart move, it’s essential. You deserve to know exactly what to expect so you can take the next step with confidence.

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Let’s work together to make sure you get the most from your sale. With the right preparation, insight, and support, you can navigate this process smoothly and maximize your profit.

 

Give us a call to find out how!