When selling a house the traditional way (listing with a real estate agent, marketing it on the MLS, and waiting for a buyer), most homeowners focus on the commission, but there are many hidden costs that add up. Here’s a breakdown:
1. Agent Commissions
- Typical cost: 5–6% of the final sale price, split between the seller’s and buyer’s agents.
- On a $250,000 home, that’s $12,500–$15,000 gone immediately.
2. Pre-Listing Repairs & Updates
- Buyers expect a home to be move-in ready.
- Common costs include:
- Fresh paint ($2,000–$5,000+)
- Landscaping touch-ups ($500–$2,500)
- Minor repairs (leaky faucets, broken fixtures, cracked tiles, etc.)
- Larger updates (roof, HVAC, or appliances if outdated)
Even “small” fixes add up quickly, and many sellers spend $5,000–$15,000+ before listing.
3. Staging & Presentation
- Staging furniture rental: $500–$2,500 per month.
- Professional photography & videography: $200–$1,000.
- Deep cleaning and carpet steaming: $300–$1,000.
These are optional but often necessary to compete in today’s market.
4. Holding Costs
The longer your house sits on the market, the more you pay for:
- Mortgage payments
- Property taxes
- Homeowners insurance
- Utilities (electric, water, gas, trash)
- HOA fees (if applicable)
Even if your home sells in 2–3 months, that’s easily $2,000–$6,000+ in extra carrying costs.
5. Buyer Negotiations
Most buyers request repairs after inspection, which can cost thousands.
- Roof patches, electrical updates, plumbing fixes, or termite treatment are common.
- If you refuse, many buyers ask for seller concessions (e.g., $3,000–$10,000 off the price).
6. Closing Costs for Sellers
Sellers usually cover:
- Title insurance: $1,000–$3,000
- Escrow fees: $500–$2,000
- Transfer taxes: varies by state (often 1–2% of sale price)
- Attorney fees (if required): $500–$2,500
On average, seller closing costs are 1–3% of the home price in addition to commission.
7. Moving & Transition Costs
- Hiring movers or rental trucks: $1,000–$4,000.
- Storage units if timing doesn’t align: $100–$300/month.
- Temporary housing if the new home isn’t ready.
✅ Bottom Line:
Selling a house the traditional way often costs 8–12% of the sale price once you factor in commission, repairs, staging, closing costs, and holding costs.