Estimating Cash Proceeds After Sale

I am shocked by how many seller’s agents focus so much on their marketing plan and pricing strategy - but fail to talk about arguably the most important of your sale…how much YOU keep.

After all, you’re selling because you need the cash to do something - buy another home, retire, invest, or whatever you like. I think it’s important we give you a rough idea, after all the fees and costs involved in the transaction what your pre-tax take home cash will be.

There are costs involved that many sellers are not aware of. For example, you’ll need to pay a real estate attorney to draft and review the purchase and sale. You’ll pay a real estate agent a fee to help you sell your property. You’ll also need to pay a transfer tax fee. Depending on the transaction there could be other fees as well.

So if you’d like to get a rough feel for your estimated take-home pre-tax cash proceeds, give me a ring and I am happy to run some numbers for you. 

Of course, when it comes to property sales I think it’s critical that you also consult with a qualified accountant to understand your tax implications. If you need a recommendation, give me a shout!