Sam and Talib are reselling their home. If they’re the typical sellers, how much should they expect to pay in transaction costs when they sell their $200,000 home?

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07-03-2022
Business

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Sam and Talib are reselling their home. If they’re the typical sellers, how much should they expect to pay in transaction costs when they sell their $200,000 home?

Sagot :

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ogorwyne ogorwyne · Answer 1 · 2022-03-18T06:13:24-04:00

6000 to 14000 dollars is the amount that te should both expect to be the transaction cost of selling their home.

What is the cost of selling a home?

Several costs usually arises due to the fact that a person wants to sell the home that they own.

One of the costs is the commission fees that these sellers usually pay. The commission fees is usually 5 to 6 percent of the cost of sale.

Sam and Talib are reselling their home. If they’re the typical sellers, how much should they expect to pay in transaction costs when they sell their $200,000 home?

Sagot :

What is the cost of selling a home?

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