You can anticipate approximately 9% in closing costs and of course, commissions are negotiable. If you want to get a very quick estimate on your home's value, on my website, http://www.karenmcknight.com , you can find a comparison between a Zillow and a Cyberhomes estimate.
Of course, these are definitely guestimates, and it may be worth your time to meet with a knowledgeable, experienced, effective Realtor for a PinPoint Price Analysis.
You have a lot of good answers here already. Commissions are all negotiable. But what you are paying for, from the listing agent, is service,& marketing. You may also be paying for the agent to take the risk on whether the house sells or not, depending on whether you pay on a % or on a fee for services basis. I would be happy to send you any information you would like by email, just let me know. By the way, it is a fact that you will probably net a lot less money without using an agent then if you do.
I would suggest that as a seller, you Google every agent from the area that responds to your question here on Trulia, learn as much as you can about who they are online, read their client testimonials, so you know what their clients are saying about them, and then give us each a call and just ask us why we think you should work with us instead of another agent. Notice how much exposure their listings are getting. Then, pick the best fit for you and let them go to work for you with the skill and knowledge that they have. I hope to hear from you soon.
The first four answers given at the time I'm responding all contain good and mostly accurate information in my professional opinion. I too would love an opportunity to hear what your goals and plans are for the future, take a look at your home and discuss with you the services I offer and see if I offer a marketing plan you would be interested in. I am also happy to, in advance, prepare a market analysis and an estimated sellers net proceeds (I can email these to you) so you can see line by line what the escrow fees, state excise tax, commissions etc will end up costing based on an estimated sales price. Please don't hesitate to let me know if you'd be interested in further discussing the sale of your home.
All the best,
Any real estimate should include a visit to the home to second guess what the buyer may want on inspection. If the roof has at least 5 years left on it, that should not be a big problem. Also the payoff will include principal plus one month's interest, as interest is paid in arrears. Total costs are going to be 8% to 9% including excise tax, owner's title insurance, 50% of the escrow fee and other misc costs of sale.
You will need to do the calculations with a very sharp pencil to avoid surprises at the end. If you are not currently making payments, the net will change each month. So hopefully your payments are not behind and you will continue to make them while the home is on market. Give me a call if you would like me to stop by and explain the likely scenario from start to finish. I need to see the house to do that, and over-estimating the sold price by even a small amount could send it sideways quickly Best to use conservative numbers from the start.
Thanks for the question. Realtor and agent fees vary from limited service companies putting your home on the market for a few hundred dollars, plus whatever selling office commission you are willing to pay to 6% of the selling price for a full service agent.
On top of these fees you'll pay a State Excise tax of 1.78%, Title Insurance and Escrow fees. A shorthand method is to cap things around 8%.
I live in Sammamish and and work predominantly here too. I would appreciate the chance to discuss this with you fully in greater detail. Please don't hesitate to call me for an interview to see if my services would be a good match for your needs.