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A real estate agent’s commission fee can cut into the money you make on the sale of your home, and it’s entirely possible for well-prepared sellers to successfully sell their home without the ...
Based on data from Clever, home sellers without a Realtor or real estate agent earned $79,000 less in profits this past year than those who used a real estate agent. The survey also found that 80% ...
A house for sale by its owner. For sale by owner (FSBO) is the process of selling real estate without the representation of a broker or agent. This is where the homeowner sells directly to a new homeowner. Homeowners may still employ the services of marketing, online listing companies, but can also market their own property.
As the seller you paid a 6% real estate agent commission of $46,800, plus $5,000 in eligible legal fees. You put in a $40,000 pool a few years ago, and replaced the roof for $15,000 a while back.
Flat-fee real estate agents charge a seller of a property a flat fee, $500 for example, [11] as opposed to a traditional or full-service real estate agent who charges a percentage of the sale price. In exchange, the seller's property will appear in the multiple listing service (MLS), but the seller will represent him or herself when showing the ...
At 7.25%, California has the highest minimum statewide sales tax rate in the United States, [8] which can total up to 10.75% with local sales taxes included. [9]Sales and use taxes in California (state and local) are collected by the California Department of Tax and Fee Administration, whereas income and franchise taxes are collected by the Franchise Tax Board.
You can sell your primary residence and avoid paying capital gains taxes on the first $250,000 of your profits if your tax-filing status is single, and up to $500,000 if married and filing jointly.
Talk with a real estate agent. Experienced real estate agents know the local market and can provide market-specific advice on what buyers in your area value most. Get a pre-listing inspection.
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