How to Estimate Selling Closing Costs

Estimating selling closing costs is an important part of the process of selling your home. While you may be able to get a nice profit by selling your house, if you do not account for closing costs, it can really catch you by surprise. You need to know approximately how much to expect in the area of closing costs before you think about selling your home. Here are a few ways that you can get a ballpark figure to work with. 

Talk to an Agent

The first thing that you should do is talk to a real estate agent. They can fill you in on the entire process and let you know what to expect in the way of closing costs. The biggest expense is going to be their commission. They can tell you exactly how much that would be, which will give you a good place to start. Since they go through the sales process all the time, they can also tell you what other expenses you should look out for. They should be able to give you an estimate of the total costs based upon recent houses that they have sold. This can help you get a solid assessment of what everything will cost you.