“How Much Will it Cost to Sell my Home?” is the next video in my series of videos for Albuquerque Home Sellers. In this video I give examples of the cost based on three different scenarios.
So, there are three main categories, we have Realtor fees and commissions, transfer fees to the title company, and what I’ll call miscellaneous costs paid by the seller on behalf of the buyer. Okay, that varies over time as to what those customary or standard fees are, but it can include the appraisal and the home warranty. That’s kind of standard right now in Albuquerque.
So, to give you an example, on a $100,000 house, it’ll cost you about $10,000 or 10% percent of the sales price to sell. That percentage goes down as the sales price goes up however, so on a $200,000 house, you’re looking at more like 8.5% of the sales price, and on a $300,000 house it goes down a little bit further to 8% of the sales price.
So don’t forget this when you’re trying to decide what the numbers look like for you and whether right now might be the right time to sell, or not.”
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