Selling a home involves numerous costs, including real estate agent's commission, repairs and updates, closing costs, paying off mortgage balance, capital gains tax, and moving expenses.
The real estate agent's commission typically ranges between 5% to 6% of the sale price.
Repairs, updates, and staging to improve the home's appeal may be necessary and come with costs.
Closing costs for the seller can amount to 1% to 3% of the sale price.