The seller of the home is typically the one who is responsible for paying the broker fees. Selling fees will typically include:
Title insurance fees depend on the sales price of the home. Broker’s commission is a full-service fee and will cost anywhere between 5% to 7%. Local property transfer tax, county transfer tax, state transfer tax, and state capital gains tax are the charges that you pay for selling your home. Credit to the buyer of unpaid real estate taxes for the prior or current year are variable and depend on when you close and when your taxes are due.
FHA fees and costs are all fees are now negotiable between an FHA buyer and seller. Home inspections fees are in some circumstances paid for by the seller and include pest, radon and other inspections. Miscellaneous fees can accrue from correcting problems noticed during the home inspection. If you let Brent help you upgrade into a new home, he’ll waive the Broker’s commission and sell your house for free!