Is sellers fee and closing cost the same thing?

Tips and Deals Forums Buying Your Home Is sellers fee and closing cost the same thing?

This topic contains 2 replies, has 3 voices, and was last updated by  Kandis Hay 8 years, 6 months ago.

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  • #203837

    Anonymous

    How much will I have to pay if I sell my house for $85,000? I am starting to get kinda nervous because I have about $0 saved up for all this because we’ve invested all our money into fixing the house up… What should I expect?

  • #265973

    AngeloHix
    Member

    nothing if you do not agree to it unless you are paying an agent to market the home and show it. Past that you may be asked to pay closing cost but not required to do so

  • #287561

    Kandis Hay
    Member

    No, the sellers fee is a commission, usually 6%. It comes out of the proceeds, so you do not have to have anything saved up. The same goes for closing costs, they come from the sale or the buyer pays them, most are the buyers expenses anyway.

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