Selling your home is a big financial move, and while most sellers are prepared for some expenses, many are surprised by how quickly costs can add up. It’s important to be informed so you can plan strategically and avoid unexpected financial stress. Here's a breakdown of the true costs involved:

1. Agent Commissions
One of the largest expenses is the real estate agent commission. This typically ranges from 5–6% of the final sale price and is usually split between the buyer’s and seller’s agents. While this might seem like a lot, a good agent earns their commission by pricing your home accurately, negotiating effectively, and marketing your home professionally. Of course, you should discuss this and know that it is negotiable.

2. Closing Costs and Fees
In addition to commissions, sellers often pay 1–3% in closing costs. This includes title insurance, transfer taxes, escrow fees, and attorney fees in some states. These administrative costs ensure the sale is legal, binding, and properly recorded.

3. Repairs and Maintenance
Before listing, your agent may recommend making certain repairs to increase appeal. This could include anything from repainting walls and fixing leaks to replacing worn carpet. Post-inspection, buyers often request repairs or concessions. Budget anywhere from a few hundred dollars to several thousand, depending on your home’s condition.

4. Home Staging and Landscaping
Professionally staged homes sell faster and often at a higher price. Staging costs can vary, but even partial staging or basic curb appeal enhancements like mulch and flowers can make a significant difference. Typically, you’d expect to spend 1–2% of your sale price on staging, but here's the great news — I cover the cost of both staging and professional photography for my clients. This is something worth discussing with the agents you're interviewing, as it can really elevate your home's presentation and ultimately its sale price.

5. Moving Costs
Whether you're hiring professionals or DIY-ing with a truck rental, moving comes with costs. A local move averages $1,400 while long-distance relocations can run $5,000 or more.

6. Seller Concessions
To make your home more attractive, you may offer concessions like paying part of the buyer’s closing costs. These are especially common in slower markets and can be a deal-sealer.

7. Home Warranty
Offering a home warranty during the listing period can reassure buyers and potentially increase your sale price. This typically costs $300–600 and covers systems like HVAC, appliances, and plumbing during the transaction. To ensure that this cost doesn't interfere with your ability to net the highest amount possible, I’ve purchased home warranties for my clients in the past. It’s just one of the many ways I go the extra mile to help make the selling process as smooth and profitable as possible.

Final Thoughts
When you understand the real costs of selling, you can price your home appropriately, avoid surprises, and make smarter decisions. Work with a trusted local real estate agent (hey, that’s me!) to maximize your return and minimize stress.