What costs do sellers pay?

The typical seller costs: sellers typically cover a handful of costs at closing, and understanding each one is the first step to understanding your net proceeds: real estate commissions, negotiated as part of the listing agreement; title insurance fees, which protect the buyer and the title company; prorated property taxes, covering the portion of the tax year up to closing; potential buyer concessions, such as contributions toward closing costs or repairs; and any agreed-upon repair costs that come out of negotiations.

The exact list varies by transaction, which is why a clear breakdown before listing helps you understand your real net proceeds rather than just the sale price.