Getting a Realistic Number Before You List
Before listing your home, it helps to separate two different numbers: what your home might sell for, and what you’ll actually walk away with after selling costs. Comparable recent sales in your neighborhood are the most reliable starting point for estimating market value, but the final number you receive is reduced by agent commissions, closing costs, and your remaining mortgage balance.
Costs that typically reduce your net proceeds include:
- Real estate agent commission, often the largest single cost
- Closing costs and transfer taxes
- Any remaining mortgage balance that must be paid off at closing
- Repairs or concessions negotiated with the buyer
Our home sale calculator estimates your net proceeds after these costs, so you know what to expect before you list. If you’re deciding whether to sell now or wait, our home appreciation calculator can help you estimate how much additional value your home might gain over time.