See how a seller net sheet works
Let's dive deeper into the costs associated with a home sale. A seller net sheet brings the estimated sale price, detailed selling expenses and loan payoffs together. This fictional example shows how individual charges can affect what a given seller receives. Keep in mind that this is only one sample. Every home sale comes with its own variations in loan type, repairs, pro-rated HOA dues and taxes, and more.
Example Estimated Net to Seller
Prepared for: Susan Smith
Property: 1000 Main Street
Tulsa, OK 74135
Estimated sales price: $450,000.00
| Item | Estimated charge |
|---|---|
| 200. Taxes | |
| Prorated county taxes | $0.00 |
| 700. Broker’s Fees | |
| Seller’s commission (4%) | $18,000.00 |
| Buyer’s commission (3%) | $13,500.00 |
| Seller’s closing fee | $475.00 |
| 800. Items Payable in Connection with Loan | |
| Loan discount | $0.00 |
| Final inspection fee (lender) | $0.00 |
| Seller-paid buyer costs — per contract | $0.00 |
| 1100. Title Charges | |
| Settlement or closing fee | $450.00 |
| Attorney fee — note & mortgage | $0.00 |
| Abstracting & certification | $575.00 |
| Special assessments letter | $25.00 |
| Federal court check | $100.00 |
| UCC certification | $125.00 |
| Release affidavit & gap search | $250.00 |
| 1200. Government Recording & Transfer Charges | |
| Recording fees | $30.00 |
| Mtg tax & Cert owner carry ($1 per $1,000) | $450.00 |
| Documentary stamps ($1.50 per $1,000) | $675.00 |
| 1300. Additional Settlement Charges | |
| Mortgage inspection certificate | $275.00 |
| FHA/VA requirements | $0.00 |
| Repairs T.R.R. (carpet removal, fence repair, etc.) | $5,000.00 |
| Wood infestation report | $0.00 |
| Courier/express mail | $0.00 |
| Residential service agreement (optional) | $0.00 |
| Buyer closing costs paid by seller | $0.00 |
| Homeowners association dues | $0.00 |
| Estimated total selling costs | $39,930.00 |
| Current Mortgage Payoffs | |
| Estimated first mortgage payoff | $50,000.00 |
| Estimated second mortgage payoff | $0.00 |
| Estimated owner carry mortgage payoff | $0.00 |
| Estimated net proceeds | $360,070.00 |
How the numbers work:
$450,000.00 sales price − $39,930.00 estimated selling costs − $50,000.00 mortgage payoff = $360,070.00 estimated net proceeds.
For this illustration, the mortgage tax/certification line is calculated as $450,000 ÷ $1,000 × $1 = $450.00. Documentary stamps are calculated as $450,000 ÷ $1,000 × $1.50 = $675.00. These calculations apply the example sheet’s stated rates to the sales price; actual applicability and the amount subject to a charge depend on the transaction.
Important: This is a fictional planning example, not a quote or a typical-cost estimate. It includes a 4% seller’s commission ($18,000.00), a 3% buyer’s commission ($13,500.00), $5,000.00 for repairs and a $50,000.00 first mortgage payoff. Courier/express mail is $0.00. The commission percentages are illustrative assumptions, not required or standard rates; real estate compensation is negotiable. Other expenses shown as $0 may apply to your sale and would reduce your proceeds. Final charges, prorations and payoffs must be confirmed for your transaction.
Your personalized net sheet can include your actual estimated loan balances, compensation agreements, anticipated repairs and other details. We can also compare sale-price scenarios to help you plan your next move if you choose to Move Up by selling and buying at the same time.
Request My Personalized EstimateWhat could your proceeds make possible?
Once you have an estimate, you can begin evaluating your options with more confidence.
Buying your next home
Your estimated proceeds may help you plan a down payment, closing costs or the timing of your next purchase. If you’re considering buying and selling at the same time, we can talk through ways to coordinate both moves.
Downsizing or planning for a transition
If you’re ready for less maintenance, a different location or a home that better fits your needs, understanding your estimated proceeds can help you compare your choices.
Deciding whether to sell now or later
You don’t need to be ready to list your home to benefit from a review. Knowing where you stand today can help you decide what to do now—and what to prepare for if you choose to move later.
Planning for the unexpected
A range of estimates can help you consider what happens if the final sale price or expenses differ from your initial expectations.
Get an estimate based on your home—not someone else’s
An online home value estimate can be a useful starting point, but it can’t tell the whole story of your property or your situation.
Your Home Sale Proceeds Estimate starts with the details that matter to you. Accent Realtors will review your property and discuss the information needed to estimate:
- A potential sale-price range based on your home and the local market.
- Your estimated mortgage and other loan payoffs.
- Selling and closing costs that may apply.
- Possible repairs, credits or other expenses you want to consider.
- What you may have available after the sale.
You don’t need to know every number right now. Share what you know, and we’ll help you identify the next steps.
What happens after you submit the form?
- Tell us about your property. Share your contact information and property address.
- We’ll review your situation. An Accent Realtors team member will contact you to discuss your home, your goals and any information needed for the estimate.
- Receive your personalized estimate. We’ll walk through the estimated numbers with you and answer your questions.
Ready to find out what you could really walk away with?
Request Your Home Sale Proceeds Estimate
Tell us how to reach you and where your property is located. We’ll follow up to learn more about your situation.
Prefer to talk? Call (918) 665-8559.
Your estimate is for planning purposes and is not a guaranteed sale price or final settlement statement. Actual proceeds depend on the final transaction terms, payoffs and expenses. This page is educational and is not legal or tax advice.
Frequently asked questions about home sale proceeds
How much will I make if I sell my house in Tulsa?
It depends on your final sale price, loan payoffs and transaction expenses. A personalized seller net sheet estimates these items so you can see what you might receive after the sale.
Is my home equity the same as my proceeds?
Not quite. Home equity is generally the difference between your home’s value and what you owe against it. Estimated proceeds also account for applicable selling costs and other amounts paid from the sale.
Do I need to know exactly what I owe on my mortgage?
No. An approximate balance can help us prepare an initial estimate. Your lender can provide an official payoff amount when it’s needed, and the estimate can be updated.
Do I have to make repairs before selling?
Not necessarily. Some repairs may help a home appeal to buyers, while others may not be worth completing before a sale. We can discuss your home’s condition, your goals and the options that may make sense for you.
Will I owe taxes when I sell my home?
It depends on your circumstances, including how you’ve used the property and your financial situation. A tax professional can help you understand any potential tax consequences.
What if I’m buying another home?
Your estimated proceeds can help you plan for your next purchase. We can also discuss the timing of selling and buying, including options for coordinating closings.
What if I’m just exploring and not ready to sell?
That’s okay. An estimate can help you understand your options even if you’re still deciding whether or when to move.
