How Much Can I Sell My Home For?

Written By Erika Walker

WHat is the bottom line?

At sellers consultations or listing appointments I can always count on the first question from sellers to be “ How much can I sell for?” But that is not what they really want to know. What they REALLY want to know is “ How much will I walk away with after everything is said and done?” That second question is imperative because sale price and net proceeds are two very different numbers.

Sales Price is Just the Starting Point

Your final walk away number depends on:

  • Your remaining mortgage balance

  • Closing cost

  • Potential seller concessions

  • Repairs or credits

  • Broker commissions

  • Transfer taxes and fees

Two homes can sell for the exact same price and the owners can walk away with completely different amounts of cash. That’s why focusing only on your homes worth can be misleading.

Calculate your Net proceeds

Instead of guessing, you can run the numbers.

I’m sharing a seller net proceeds tool that allows you to:

  • Adjust the estimated sale price

  • Plug in your mortgage balance

  • Account for closing costs

  • See a realistic estimate of what you’d actually recieve

This is just for your own clarity. Because no matter if you are thinking about selling in 3 months or 3 years, planning starts with understanding your numbers.

Here is the Seller Net Proceeds Calculator. Enjoy and I hope it brings you clarity. If you need a more direct conversation or have questions, give me a call or shoot me a text/email.

Erika Walker

Maryland Realtor®

443.468.0757 (c)

443.233.6156 (o)

Realty One Group Excellence

9433 Common Brook Rd Ste 201                     

Owings Mills, Md. 21117

Erika Walker
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