Seller Net Sheet
What a seller takes home from a sale, after the payoff, the commission, closing costs, concessions and repairs.
Opens on 25462 Evans Pointe, the listing in our sample posters. The price and the size are that listing's. Everything else is an ordinary assumption, so type over any figure.
Optional. Shown on the printed sheet.
Optional. Your name, as it should appear.
The price in the contract, not the asking price.
From the lender. A quote is good for a few weeks.
The whole commission the seller pays.
Title, escrow, transfer taxes. About 1% of the price is a common start.
Association transfer fees, unpaid taxes, a prepayment penalty.
Seller net sheet
- Sale price
- $2,945,000
- Mortgage payoff
- -$1,400,000
- Commission (5%)
- -$147,250
- Closing costs
- -$29,450
- Concessions to the buyer
- $0
- Repairs and credits
- $0
- Other fees
- $0
- Total deductions
- -$1,576,700
- Estimated net to seller
- $1,368,300
46.5% of the sale price.
Estimates only. Not financial, legal or tax advice. Prepared with The Listing Press, thelistingpress.com
Worth knowing
- Use the contract price
- The price on the sheet is the one in the contract. After a week of negotiation it is rarely the asking price.
- Payoff quotes expire
- Interest builds daily, so a lender's payoff figure is good for ten to thirty days. Second loans and liens go on the same line.
- The lines sellers forget
- Property tax owed for the current year and the association's transfer fee. A solar lease has to be settled as well.
- A negative net is not an error
- When the payoff and the costs exceed the price, the seller brings money to closing. Better to learn that at the listing appointment.
Turn this listing into a poster.
Enter the listing once and the studio lays out the flyers, social posts and open house graphics. An address typed into a tool here comes with you.
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