Selling your home can be an expensive process riddled with hidden fees. Staging, pre-sale inspections, real estate commission fees and closing expenses are among the many costs that can easily add thousands to selling a house.
These costs also vary significantly depending on where you’re selling. For instance, some states require that sellers hire a real estate attorney, while others don’t. Real estate transfer taxes also differ by state and, in some cases, by city. Some states don’t have them at all. Fees also can vary by mortgage lender.
“You have to look at where the variations are bank to bank, municipality to municipality and state to state,” said Linda Page, the 2018 National Association of Realtors (NAR) regional vice president for New York, New Jersey and Pennsylvania.
If you’re selling your home, you should be aware of the expenses that can be involved. We’ve broken down some of the most common costs associated with selling a home so that you know what to be prepared for. Click or swipe through to see them all.