In the first quarter of 2021, sellers raked in an average profit of $70,050 on the sale of their homes, up 26% year-over-year. If you’re thinking about selling in 2022 and wondering where you’d come in, here’s how to estimate your proceeds:⁣

Take your home sale price (the price a buyer has agreed to pay you for your home) and subtract:⁣

• Fees paid to the agents. Keep in mind the seller pays the commission for both the buyer’s agent and the seller’s agent (typically 6% of the home sale).⁣

• Cleaning and staging costs.⁣

• Costs of home repairs and upgrades.⁣

• Seller concessions you agree to offer buyer (home warranty or closing costs).⁣

• Moving expenses.⁣

• Closing costs (title insurance, transfer tax, and escrow money).⁣

• Mortgage payoff amount.⁣

Got your number? Feeling inspired and wanna talk more? Send me a DM and I’ll be in touch!⁣