For selling your house, here is why it's important to have a good realtor
- Monah4MyHome Team
- Dec 15, 2025
- 3 min read
Example :Home sales for $250,000 out of 6% commission Priscilla's agent would generate 15,000, keep in mind commission rates usually vary depending on the States you live in and brokerages have to split the commissions among the seller agent and also has to pay the buyer agent
THE OFFER
Realtors usually supply a variety of forms such as residential purchase agreement or get offers in writing these forms vary to conform to State and local laws and eventually become a binding sales contract forms are also known as the purchase agreement, earnest money agreement or deposit receipt it can also be essential to an offer containing every element needed to serve as a blueprint for the final sale.
THE TERMS OF SALE AND CONTINGENCY
The hard part is over if a seller found a buyer on their own, many obstacles can occur during the contract. That will require an agent skill to keep the deal together.
Terms within a purchase agreement include basic information such as the names of the parties involved the legal description of the property to be transferred and the agreed upon price but terms also lists crucial details such as what personal property would be included in a sale appliances or fixture leaving any terms of sale out of the purchase agreement can come back to hunt the buyer the seller or both.
An agent would also ensure contingencies are added to your contract standard contingencies include a buyer securing financing a home inspection repairs and appraisal which is crucial to the mortgage process.
THE CLOSING
Remember you need multiple legal documents for the closing including the clean title this is a step usually done by an attorney who collects a fee at the closing but a real estate agent usually handles getting the actual closing table by settling a date coordinating everyone's schedule and ensuring all the needed paperwork which is usually amount of documents it's ready and correctly signed.
THE BOTTOM LINE
If the real estate professional can assist you, their compensation is a matter of fact negotiable between you and the agencies real estate professional but hiring an agent to write an offer and guide it towards the closing tables is a smart move.
SELLERS CALCULATING THAT PROCEEDS
AN OFFER COMES IN A SILICON ACCEPTED EXACTLY AS IT STANDS, REFUSE IT, SUDDEN USE RESPONSE OR MAKE A COUNTER OFFER WITH THE CHANGES THEY WANT
And evaluating the purchase offer, sellers estimate the amount of cash they walk away with when the transaction is complete; for example when they present with two offers at once they may discover their better off accepting the one with the lowest sale price if the other ask them to pay points to the buyer's lending institution.
Once I sell it has a specific proposal calculating net proceeds become simple from The proposal purchase price they subtract the following-
CALCULATING THE SELLER'S NET PROCEEDS
PAYOFF AMOUNT ON PERCENTAGE MORTGAGE
ANY OTHER LANES EQUITY LOANS JUDGMENTS
BROKERS COMPENSATION
LEGAL COST OF SELLING ATTORNEY ESCROW
TAX TRANSFER
UNPAID PROPERTY TAXES OR WATER BILLS
IF REQUIRED BY THE CONTRACT COST OF SURVEY TERMITE INSPECTION BUYERS CLOSING COST REPAIRS ETC
Sellers may feel some of these costs are not their responsibility but many buyers particularly first time home buyers are short of cash however a mortgage buyer may be the best way to get a home sold.
Whether you're buying or selling make sure a real estate agent and or attorney evaluate and explain all terms in the offer and counter offers.
Reach out to Monah4myhome Team to reach your Real Estate goals or explore your options.
We are just a call away. Receive a confidential consultation now.
Monah4myhome Team
Keller Williams Classic Realty Agents
612-516-9991
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