When Selling a House, Who Pays for What?

"Buying or selling a home involves more than agreeing on a price. From loan fees and title insurance to inspections and commissions, both parties share the financial responsibility for getting to the closing table. The exact breakdown depends on regional customs, lender rules, and how each side negotiates. Although some costs can be negotiated, many follow long-standing norms. Understanding who typically pays for what helps you estimate your true costs and avoid last-minute surprises."

"What sellers pay for: Sellers usually cover real estate agent commissions (typically 3%-6% of the sale price), owner's title insurance (around 0.5%-1% of the home's price), and various closing costs that generally range between . These figures represent national averages - actual costs can vary significantly depending on location and property value. What buyers pay for: Buyers typically pay for home appraisals (averaging $300-$700) , loan-related fees (about 2%-5% of the total loan amount), and home inspections (usually $350-$750)."

Sellers usually cover real estate agent commissions (commonly 3%-6% of the sale price), owner's title insurance (about 0.5%-1% of home price), and various closing costs, often totaling around 8-10% of the sale price. Buyers typically pay for home appraisals ($300-$700), loan-related fees (roughly 2%-5% of the loan), and home inspections ($350-$750). Costs vary widely by region, lender rules, and local customs. Many fees follow longstanding norms, but some expenses can be negotiated between buyer and seller. Early budgeting for these costs helps both parties avoid surprises and smooth the closing process.

Read at Redfin | Real Estate Tips for Home Buying, Selling & More