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How Much Does It Cost To Sell A House?

Most people are familiar with at least a few of the upfront costs of buying a home. Very few, for example, will be surprised to find out that a down payment is required. The cost of selling a home, on the other hand, is less familiar. That's partly due to the fact that it can vary depending on how much prep the seller wants to do. But what does an average homeowner spend selling their house? Well, according to one new analysis, just over $50,000. Agent commissions top the list of expenses, with an average cost around $20,000. After that, the next big expense is home repairs, which the analysis estimates at $10,000. Other selling expenses include closing costs ($8,000), buyer concessions ($7,200), moving expenses ($3,250), marketing ($2,300), and staging (2,263). Obviously, with a little forethought and strategy, you can limit some of those costs or avoid them altogether. But even if you don't, you may still do all right. Among recent sellers, 64 percent still saw a profit at a median of $100,000 despite the associated costs of selling a home.


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