Sam and Talib are reselling their home. If they’re the typical sellers, how much should they expect to pay in transaction costs when they sell their $200,000 home?

Answer :

6000 to 14000 dollars is the amount that te should both expect to be the transaction cost of selling their home.

What is the cost of selling a home?

Several costs usually arises due to the fact that a person wants to sell the home that they own.

One of the costs is the commission fees that these sellers usually pay. The commission fees is usually 5 to 6 percent of the cost of sale.

Read more on commission fees here:

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