What Is A Net Sheet?
It’s one of my absolute favorite seller questions: “So...just how much money will I walk away with when all this is said and done?”
If you’re selling your home, no doubt you want to have a pretty darn good idea of how much money you’ll pocket in the end.
Enter the seller’s net sheet.
A seller’s net sheet is a document (filled out by me) that carefully estimates how much cash you will receive once you subtract the expenses associated with selling your home. Expenses like:
Commissions for listing and buying agents
Title document preparation fees
Home warranty (both buyer and seller)
To be as accurate as possible, I’ll often ask sellers to provide info like their mortgage loan payoff or any monthly or annual HOA fees.
And of course, one of the most significant numbers included in a seller’s net sheet is the expected sale price of your home. The good thing about working with a qualified and knowledgeable agent is his or her ability to run a comparative market analysis report and price your home just right for the market conditions.
Wanna chat about selling? Curious what your home is worth? I’m here! Send me a message and let’s connect.