Understanding Home Seller Closing Costs in California
Cost of Selling Your Home: Key Factors to Consider
According to Zillow, real estate commission fees make up most of the closing costs for house sellers in California, which can often range from 6% to 10% of the transaction price.
Understanding the closing fees associated with selling your house is crucial if you're a seller. Even though it could seem daunting, knowing what to expect will enable you to budget more effectively and prevent unpleasant surprises.
Commission payments While realtor charges can be the most considerable out-of-pocket expense for sellers, hiring a skilled agent who can accurately price your home and represent you in negotiations can be an investment that pays off. These costs typically range from 5% to 6% of California's home sale price.
Real estate commission
Prorated property taxes
Title insurance
Transfer taxes.
City and county transfer fees
Staging
Inspection fees
Escrow fees
Attorney fees, If applicable
Recording fees
Wire transfer fees if you are transferring funds to balance your mortgage
Homeowner association fees apply to condos or townhouses.