Facebook
X
Pinterest
Copy Link
Selling your home is exciting, but many homeowners are surprised to learn about the costs involved before reaching the closing table. If you’re planning to sell in Westchester County or The Bronx, understanding these expenses upfront can help you prepare and maximize your profit.
Common Home Selling Costs
-
Real Estate Agent Commission – Typically 5–6% of the sale price, split between your listing agent and the buyer’s agent. This fee covers marketing, negotiations, and guiding you through the transaction.
-
Attorney Fees – In New York, it’s customary for both buyers and sellers to have attorneys. Seller attorney fees usually range from $1,500 to $3,000, depending on complexity.
-
Transfer Taxes – New York State charges a transfer tax of $2 per $500 of the sale price. If you’re selling in New York City (including The Bronx), you’ll also be subject to the NYC transfer tax, which ranges from 1–1.425%.
-
Title & Recording Fees – These are smaller fees but still add up. They cover the cost of preparing and recording documents to legally transfer ownership.
-
Repairs & Preparation – Many sellers in Westchester and The Bronx invest in minor repairs, painting, or staging to make their homes more appealing. Even small updates can help your home sell faster and for a higher price.
-
Mortgage Payoff & Other Liens – If you still have a balance on your mortgage or any outstanding liens, those will be deducted from your proceeds at closing.
Planning Ahead Matters
Altogether, home selling costs can range from 7–9% of your home’s sale price once everything is factored in. The good news is, with the right preparation and guidance, you can avoid surprises and walk away with more money in your pocket.
If you’re considering selling your home in Westchester County or The Bronx, I’d love to walk you through a personalized breakdown of what your selling costs might look like. Call me today at (646) 427-3035 or email me at kent.cintron@randrealty.com to get started.
