Breaking Down the Costs of Selling a Home in Georgia

Selling a house in Georgia involves several costs that homeowners need to budget for. The largest expense is typically the real estate agent's commission, which can range from 5% to 6% of the home's sale price. This fee is shared between the buyer's and seller's agents. While negotiable, commissions can significantly impact the final proceeds.

Sellers should also be prepared for closing costs, which often add up to 1% to 3% of the sale price. These can include attorney fees, title insurance, and transfer taxes. Additionally, if the property requires repairs or improvements to attract buyers, these costs can further reduce profits.

Staging, marketing, and moving expenses are other potential costs that sellers may encounter. These can enhance the home's appeal but should be considered carefully to ensure they fit within the budget. Understanding these expenses helps sellers plan effectively and maximize their net proceeds.