Calculating Your Bottom Line

Calculating Your Bottom Line

How much will you make on your home sale? To calculate your bottom line, you will need to account for the cost of preparing your home, the cost of selling your home and the cost of moving

Here is a quick guide to calculate your net proceeds.

by: Sebastien Grebonval
Better Home Team | Coldwell Banker Back Bay
Calculating Your Bottom Line

Calculate Your Bottom Line

Net proceeds are the total dollar you will receive from the sale of your home after accounting for all expenses. As part of our Free Home Value Estimate, we will help you calculate your bottomline.

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Step 1: Add up the following cost categories:

  • Cost of Preparing your Home for the Market
  • Cost of Selling your home
  • Moving Cost

Here is a checklist of what to account for in each of these categories.

Preparation Cost:

  • Preparation (Paint, ...)
  • Staging
  • Home repairs

Cost of Selling:

  • Seller Concessions (After Inspection)
  • Real Estate Agent Commissions
  • Transfer or Excise Tax
  • Attorney Closing fees
  • Outstanding mortgage balance
  • Properties Liens

Moving Cost:

  • Temporary Housing
  • Home repairs

Step 2: Calculate Your Bottom Line

Susbtract the total cost of selling from the final sale price of your property. This is also called Net Proceeds.

Get A Free Bottom Line Estimate

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