To answer your question each transaction is different for example Title insurance is based on the sale price of your property $750.00 is a good guess. Property taxes again based on your property and the wording of the purchase agreement. Inspections run from $200 up. I provide a sellers/ buyers. Net sheet to provide my customers with their closing costs.
Lonnie, I'm not going to comment on the "bonus" because I don't have enough information from you, but I am going to comment on the commission itself.
A buyer agent came and expected to be paid his fee. The buyer pays it, but it is included in the offer. You disputed that. If the buyer's agent hadn't come, you wouldn't have a buyer, correct? Wouldn't you rather pay the buyer's agent his additional 1%(?) fee than not sell your house?
Say you go to work one day. You are paid $800 a week. You have a contract that states that. At the end of the week, your boss says one of the clients wants to pay less for your product, so you are going to have to take a pay cut. What is your response?... more