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A Breakdown of Fees and Expenses

The cost of selling a house can vary depending on several factors, including the sale price, location, and real estate agent fees. According to Zillow, the average cost of selling a house in the US is approximately 10-15% of the home's sale price. This includes the cost of home prep, staging, marketing, concessions, and closing costs.

Using the example of a $250,000 house sale, the cost to sell a house could be as high as $37,500, assuming a 15% commission rate and $1,065 in closing costs. However, this estimate can vary depending on the specific circumstances of the sale.

Redfin's home sale proceeds calculator can help estimate the net proceeds from the sale of a home, taking into account the sale price, outstanding mortgage balance, real estate fees, and taxes.

In addition to the commission fees, sellers are also responsible for paying closing costs, which can range from 2% to 5% of the sale price. These costs can include title insurance, escrow fees, and transfer taxes.

It's also worth considering the cost of home warranties, which can range from $350 to $600 per year, as well as the cost of professional movers, which can range into the thousands depending on the distance and weight of the items being moved.

Overall, the cost of selling a house can be significant, so it's important to factor these expenses into your overall financial planning and budgeting.

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