One of the shocks that many home sellers face is walking away from the closing table with far less money than they expected. The multitude of closing costs, commissions, and expenses can erode your investment return. Let’s take a look at the various fees involved, and then we’ll get into how you can sell your home with no closing costs involved.
- Real estate brokerage commission- Depending on where you live, the sales price of your home, and the common percentage charged in your area, you could pay anywhere from $10,000 to $50,000 or more to the brokerage.
- Title, document stamps, and transfer expenses- While not nearly as much as the commission, you could still pay one to two percent of the sales price in various fees.
- Closing agent or attorney fees- Whether you use an attorney or another closing agent, you’ll be assessed a fee for their services.
Altogether, most home sellers pay between 7 and 10 percent of the sales price in closing costs. If you would like to sell your home with no closing costs, the way to go is to get a cash offer from a real estate investment company.
If your home is in Tampa Bay, Tampa, St. Petersburg, Clearwater, Brandon, Largo, Seminole, Wesley Chapel, Plant City, Riverview, or Gulfport, Florida, your best way to sell your home with no closing costs is to reach out to us at Tampa Fast Home Buyer. We are happy to do an inspection of your home and make a cash offer. If you accept our offer, we handle the closing, so you do not incur any closing costs. Reach out today to learn more.
