The True Costs of Selling a House

Every Cost of Selling — Itemized

Most sellers focus on the sale price but overlook the costs that eat into their proceeds. Here's the full picture for a typical $200,000 Michigan home:

• Agent Commission: $12,000
  Typically 6% split between buyer's and seller's agents. On a $200K sale, that's $12K gone before you see a dime.
• Closing Costs: ~$4,000
  Title insurance, escrow fees, transfer taxes, recording fees, attorney fees. Typically 1-3% of sale price.
• Pre-Sale Repairs: $5,000-$25,000+
  Most homes need something fixed before listing — from paint and carpet to roof repairs. Plus whatever the buyer's inspection demands.
• Staging and Prep: $1,500-$4,000
  Professional staging, storage for excess furniture, deep cleaning, landscaping, professional photography.
• Carrying Costs: $1,500-$2,500/month
  Mortgage payments, property taxes, insurance, and utilities while the home sits on the market. Average time on market: 45-90 days.
• Total Estimated Cost: $24,000-$47,500
  That's 12-24% of your home's value — gone. A cash sale to Maverick Integrity Group: $0 in all these categories.