Understanding Home Seller Closing Costs in California

Cost of Selling Your Home: Key Factors to Consider

According to Zillow, real estate commission fees make up most of the closing costs for house sellers in California, which can often range from 6% to 10% of the transaction price.

Understanding the closing fees associated with selling your house is crucial if you're a seller. Even though it could seem daunting, knowing what to expect will enable you to budget more effectively and prevent unpleasant surprises.

Commission payments While realtor charges can be the most considerable out-of-pocket expense for sellers, hiring a skilled agent who can accurately price your home and represent you in negotiations can be an investment that pays off. These costs typically range from 5% to 6% of California's home sale price. 

Real estate commission

Prorated property taxes

Title insurance 

Transfer taxes.

City and county transfer fees

Staging

Inspection fees

Escrow fees

Attorney fees, If applicable

Recording fees

Wire transfer fees if you are transferring funds to balance your mortgage

Homeowner association fees apply to condos or townhouses.

Philippe Properties / Rinde Philippe
Realtor® – Santa Monica, Los Angeles & Westside
Berkshire Hathaway HomeServices California Properties
DRE #01895315
www.philippeproperties.com
Find us on Google
3130 Wilshire Blvd, Suite 100, Santa Monica, CA 90403
310-422-9001
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Closing Costs for Home Buyers in California: What You Need to Know