Home Selling Cost Comparison Calculator
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If you are thinking of selling your home, compare the cost of selling your home
using the three main home selling real estate options currently available: "For Sale by Owner
/ FSBO", "Flat Fee MLS / Discount Broker" or "Full Service / Traditional Real Estate
Broker".
This "home selling cost comparison" calculator uses general estimates for you to view
your "net proceeds" from the sale of your home. Calculator assumes same sales prices
using all three sales options, as maximum sales price is based on appraised value
of home.
Step 1: Enter Property Value
Step 2: Enter Amounts Owed on Property
Step 3: Click "Calculate Cost of Sale Comparison"
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Property Value |
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First Mortgage Amount Owed |
Calculate Mortgage Pre-Payment Penalty |
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Second Mortgage Amount Owed |
Calculate Mortgage Pre-Payment Penalty |
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Gross Equity in Dollars |
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Gross Equity as a Percentage |
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Cost of Sale Comparison Using Different Home Selling Real Estate Services |
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Selling Options |
For Sale by Owner / FSBO |
Flat Fee /
Discount Broker |
Full Service / Traditional Real Estate Broker |
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Price: |
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Total Amount Owed: |
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Estimated Commission Costs as %: |
[ 0 % ]
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[ 3 % + $499 ]
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[ 6 % ]
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Total Commission Costs as $*: |
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Estimated Seller Closing Costs as % **: |
[ 1.5 % ]
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[ 1.5 % ] |
[ 1.5 % ] |
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Estimated Seller Closing Costs as $**: |
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Total Commission & Closing Costs: |
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Cost of Sale as a Percentage of Net Equity: |
% |
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% |
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Net Proceeds from Sale: |
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You Save
by Selling your Home FSBO - Place your Free FSBO Listing Now |
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Home Selling
Cost of Sale Comparison Facts - Summary of Home Selling Services |
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For Sale by Owner |
Selling your property by owner can present you with some serious finanical gains.
Although there are some caveats to selling by owner. First, is time. You will need
to invest a fair amount of your time in order to sell by owner, learn exactly how
much with our "FSBO Savings Calculator". In order to truly be succesfull when selling
FSBO it's important that you try and create a "Win / Win" situation between you
and buyer. Offer a portion of your savings to the prospective buyer as a discount
from the selling price or as a credit towards their closing costs. Tip: Order an
appraisal prior to listing you property for sale to prove to prospective buyers that
you are asking a fair market price and to avoid any surprises.
Sell Your
Home by Owner - Free! |
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Flat Fee / Discount |
Flat Fee / Discount listings will often require the same amount of work as selling
FSBO. The main difference is that you have the exposure of the MLS to "Buyers Agents".
When selling using a Flat-Fee MLS listing / Discount broker, you will be required
to offer a minimum of 2-3% to the buyers agents.
Request a Flat-Fee MLS Listing / Discount Broker |
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Full Service |
Selling with a traditional real estate agent presents you with the convenience of
letting somebody else worry about it. Part of the real estate agents job is to handle
the stress and worries of the transaction for you. If you wish to have a full service
real estate agent sell your home, let us refer you to one of our perfered agents
and you will receive $1,000 cash-back rebate after the close of escrow. (Note: not
available in all areas, call for details)
Refer me to a full service broker
(Receive $1,000 Cash-back after Closing***) |
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Calculator Assumptions & Disclosures: Home Selling Costs Comparison Calculator assumes same sales price for
all service options. Actual fee's may vary dependant on area and service providers.
The information provided on or through this site is for purposes of general consumer
education only and is not intended as a substitute for advice from a qualified professional,
such as, but not limited to, a lawyer, accountant, investment advisor, insurance
broker, financial planner, real estate agent or home inspector. We can not and do
not guarantee the accuracy or the applicability of this information to your circumstances.
We encourage you to seek personalized advice from qualified professionals regarding
all personal finance and real estate issues.
* Typical fee's used for estimate. May vary dependant on service provider.
** Closing costs are an estimate of title, escrow, closing attorney, transfer taxes,
notary fees, termite, etc. May vary from area to area.
*** Cash-back rebate offered after successful sell of home using ForSalebyOwnerCenter.com
referred agent. Not available in all areas.
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