Net proceeds are what you keep.
Your sale price, minus your loan payoff and selling costs.
Net proceeds are your sale price minus your payoff and selling costs.
Example: $425,000 sale
| Sale price | $425,000 | |
|---|---|---|
| Loan payoff | −$250,000 | |
| Listing fee at 1% (when you also buy or finance with us) | −$4,250 |
On a $425,000 sale with a $250,000 payoff, a 1% listing fee is $4,250 when you sell with us and buy, or finance, your next home with CapCenter within a year. Where we offer realty services, our standard listing fee is 1.5% ($6,375 here), with a $3,000 minimum. The buyer’s agent’s commission isn’t included.
Other costs to plan for
- Buyer’s agent commission, if offered
- Transfer & recording taxes
- Prorated property taxes
- Repairs or seller credits
Plan for other costs, like taxes and any buyer’s agent commission.
Before those costs, you’d keep about $170,750
With the 1% fee and before those costs, you’d keep about $170,750 (about $168,625 at the standard 1.5% fee).
