How Much Does It Cost to Sell a House?
Selling your home is an exciting step, bringing an influx of cash to put toward your next one or another exciting goal.
However, it does also come with its share of financial responsibilities. From preparing your property to closing the deal, understanding the costs involved in the process will help you maximize your profit and avoid surprises.

Agent commissions
One of the most significant costs sellers face is real estate agent commissions. Your listing agent and the buyer’s agent will receive a small percentage from the home sale, though the rate is open to negotiation. You also may or may not end up paying the buyer’s agent fee; while buyers in most markets must sign an agreement with their agent regarding payment terms ahead of working with them, you may agree to cover or split the cost with them in order to land the sale.
Despite this cost, however, real estate agents are an invaluable part of the home-selling process. They can often help you sell your home faster and for a higher price, handling everything from marketing your home strategically to navigating offers and the closing process. In this way, their services are a worthwhile expense to save yourself the hassle and financial risk of trying to go it alone.
Home repairs and staging
First impressions matter, especially in real estate, which is why many sellers choose to tackle minor repairs and cosmetic updates to make their homes more appealing. Common improvements include fixing leaky faucets, patching drywall, replacing outdated fixtures, and adding a fresh coat of paint. These can cost anywhere from a few hundred to a few thousand dollars depending on the extent of the work.
Home staging is another expense to consider. Done well, it can highlight your home’s best features and make it easier for buyers to envision themselves living there. The cost of professional staging can range from $150 for a simple consultation to $3,000 or more for full service; the final price may vary due to numerous factors like the size of your home and whether you need to rent any furniture. In competitive markets, though, staged homes often sell faster and for higher prices, giving you a good return on investment.

Closing costs
Sellers are usually responsible for paying a portion of the closing costs, which generally amount to two to five percent of the home’s sale price. These may include:
- Title insurance: protects the buyer in case of title disputes
- Transfer taxes: fees for transferring the property’s ownership
- Attorney fees: payment to a real estate attorney, who some states require you to hire
It’s wise to review all potential closing costs with your agent to avoid surprises at the final step.
Mortgage payoff
If you have an outstanding mortgage, the balance will need to be paid off from the proceeds of the sale. Be sure to request a payoff amount from your lender, which will include any prorated accrued interest. There may also be a prepayment penalty, making it imperative that you review your loan terms so you can factor it into your financial planning if necessary.
Moving expenses
Finally, you’ll need to budget for the cost of moving to your new home. According to HomeAdvisor, hiring professional movers averages $1,713 in total, though it ultimately depends on the distance and size of your move. If you have extensive belongings or are moving cross-country, consider obtaining quotes from multiple companies to find the best deal. And if you plan to move yourself, don’t forget to account for truck rentals, gas, and packing materials.
Navigating the home-selling process can feel overwhelming, but you don’t have to do it alone. Working with an experienced real estate agent can help you streamline the experience, avoid costly mistakes, and maximize your profit. With their guidance and your vision, you may just find your home sold in a snap.