How Much Will It Actually Cost Me to Sell My Home in Franklin WI?

I frequently meet with Franklin real estate homeowners interested in selling their home and often they begin by asking, “Rich, how much will I get from selling my home?”

“Rich, after I pay everything, how much money am I actually going to walk away with?”

That's the number that matters.

Remember that the selling price of your Franklin home is different from the amount of cash that will be deposited into your checking account. That number has to subtract your mortgage, the Realtor’s commission, closing costs, and other expenses to arrive at your after selling expenses amount.

We'll discuss the costs of selling your home before we place a sign in your yard.

Setting a Price for Your Franklin Home to Sell.

An online estimate may give you an idea of the potential selling price of your home, but this is only an estimate and doesn’t know the nuances of your home. There is no substitute for sitting down with a professional to give you an accurate estimate of what your home could sell for. As a Realtor, I have access to all current listings, as well as recent sales of homes in Franklin and surrounding communities. In addition, I have the ability to view interior and exterior pictures of your home and compare your home to other current listings. This gives me the best possible information to estimate what your home could sell for.

Again, as your Franklin WI Realtor I can go by current listings and compare your Franklin home with other current listings and recent home sales to determine a reasonable and fair price for your home.

Now we have a number to work with to determine how much selling your home will cost you!

Now let's figure out the costs associated with selling the house.

Every Franklin transaction is different.

Title and closing costs: These are the fees associated with processing your mortgage payoff, preparing the title, etc. These costs vary.

Real estate compensation is negotiable.

This is another reason I do not like to give homeowners a percentage and say “that’s what it costs to sell a house”.

Let's calculate your situation.

This can also erase some of your proceeds.

Older kitchen finishes, worn carpeting, and outdated countertops are just a few of the items that can cost you money when you list your Franklin home.

Should you spend thousands of dollars on home improvements before you know whether they will yield any returns to you?

As your Local Realtor serving Franklin WI, I would prefer that you keep that money instead of spending it on an improvement that would need to be recovered by buyers.

Before listing your home, I can provide you with an estimated seller net sheet.

We will start with your estimated sale price and subtract your estimated mortgage payoff and estimated closing costs of selling.

Then there is the number that really matters to you:

What might you actually walk away with?

Whether you are planning to use the funds from the sale of your Franklin home towards your next home purchase or just for your savings account, it is especially important to know how much you will have after all of the selling expenses.

As your Home Selling Realtor Franklin WI, I don't believe you should have to guess whether or not selling your home makes financial sense.

Maybe the numbers tell you you're ready.

Maybe they tell you to wait.

Either answer is useful.

Let me know if you’re considering selling your Franklin home and I can help you with this prior to deciding to list your home.

No pressure. No For Sale sign required.

Just a simple chart to show you what your Franklin home might sell for and the expenses you will incur and how much you will have left after all of the expenses!

Selling your house for what amount? More importantly, how much will you keep?

See how I sell homes in Franklin and how I help buyers in Franklin. I'm Rich Barnes with Realty Experts, and I answer the phone: 414-899-8146.