In every home purchase and home sale, it costs money; money to buy and money to sell. The listing price of the home is not the amount of money the seller will be walking away with.
When you think of net, think AFTER. Just like your paycheck, you get paid a gross amount (before taxes), but you receive (take home) a net amount. You will receive an amount after all expenses have been paid.
Every home sale is different. But some of the seller charges could include, tax service fees, maybe the title policy, compensation to Realtor(s), pro-rated taxes, courier fees, title closing fees, liens, 2nd mortgages, unpaid HOA Fees, etc. I have listed some amounts to get you started.
Realtor Fees are not set by the Realtor Association and may be negotiable.
Cost to Sell Automatically calculated from sales price
Buyer Warranty If any
Buyer Cost If any
Other
Total Expenses
PROCEEDS - BEFORE PAYOFF
Loan Payoffs / Additional Debits
Payoff Loan Amount - Estimate
Payoff on 2nd or 3rd Mortgage If any
Payoff - Recorded Judgments or Liens
PROCEEDS - AFTER PAYOFF
Disclaimer: This seller net sheet is an estimate only and is provided for informational purposes. Actual closing costs, tax prorations, payoffs, credits, debits, and net proceeds may vary. Final figures should be verified by the title company, lender, closing attorney, and any other appropriate professionals before closing.