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How much will I make if I sell my home?

Oh, I love it when I'm asked this question—especially in this sizzling market! So sellers, grab a pen and paper, your smartphone, or just your noggin, and let’s crunch some numbers.⁣

Take your selling price and subtract:⁣

1. Mortgage payoff amount (Heads up! This isn’t the same as your last statement balance.)⁣

2. Real estate commissions (Talk to your Realtor.)⁣

3. Costs to stage and prep your home (Budget 1% of selling price.)⁣

4. Seller concessions (Costs you agree to pay to help close a deal; usually 0-2% of selling price.)⁣

5. Moving expenses (Plan for 1% of selling price.)⁣

All said and done, seller expenses average 10% of the selling price. If that sounds high, don’t fret! In this market, home prices are up close to 10% — and that's after a 19% jump in 2021! Ready to talk comps and listing your home? DM me.

Cindy Grenier - 204-330-2567


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