Your net worth shouldn’t just be
on paper
If you’re planning to sell, the RealtyGO Estimate can give you an idea how much you’ll get for your home. If you’re house hunting, the AI system’s big data can predict the final sale price for listings you’re interested in. Check out the RealtyGO Estimate for homes in Atlanta, Austin, Raleigh, Rhode Island, or one of our other 80+ markets across the U.S.
How We Calculate the RealtyGO Estimate
Home Sale Proceeds
01 Estimated Home Sale Proceeds
Estimated Home Sale Proceeds
Based on your estimated sale price, outstanding mortgage balance, and real estate fees and taxes, this is the estimated amount you’ll walk away with when you sell your home.
Estimated Sale Price
We use the estimated sale price of your home to calculate your net proceeds. To find out what your home is worth, get a free estimate of your home’s value from a RealtyGO Agent.
02 Agent commission and savings
Real Estate Agent Commission
Typically 5% to 6% of your home’s sale price will go toward real estate agent commission when you well your home. In most locations, this is split equally between your agent and the buyer’s agent.
Savings with RealtyGo
When you well your home with a RealtyGo agent, you pay a low 1%-1.5% listing fee. You still have to pay the buyer’s agent fee of 2.5%-3%.
03 Mortgage and Excise Tax
Outstanding Mortgage Balance
Your outstanding mortgage balance is subtracted from the estimated sale price to determine how much you can walk away with when you sell. For the most accurate estimate, make sure to use your current mortgage balance.
Excise Tax
Excise tax is the tax you pay to transfer ownership of the home to the buyer. This fee is paid at closing; the total amount is based on the home’s sale price and varies by state.
04 Complete transaction
Title Insurance
Some states require you to pay for the buyer’s title insurance policy, which protects the buyer from title defects, liens, or competing claims of ownership.
Escrow Fee
Escrow handles the exchange of money and documents in a real estate transaction. This cost covers the escrow fees associated with your home sale.
05 Misc. Fees
You may need to pay other fees when you sell your home, including recording fees or homeowners association fees.
The home sale proceeds calculator is intended for planning and educational purposes only. All calculations and costs are estimated and no warranty, express or implied, is made that all possible costs have been included.
*Minimum commissions apply. Buyer’s agent commission not included.
Tim our RealtyGO representative made it a hassle-free experience. We didn’t have to show our home, especially during COVID. They made us a priority and made us a great offer. We got to stay in our home while we built our new home. The follow up was great. Every time I had a question I would get a response within the day no later than 24 hours. Overall a wonderful experience.
Wish I called them sooner! Was a bit hesitant since reviews seem pretty…Mixed but we had a fantastic experience selling our home after we had to quickly move cross country. The offer was higher than we expected, though there were repair fees but then even with those fees, the commission, and closing costs, we still liked the final dollar amount and being able to close within 2 weeks really helped.
They inspected the house (I was not present) and their offer was above what I think was retail. The offer and the expenses were clear, and the title company was very good and the communication was good.
Getting a strong and positive review from me is not easy. And with that introduction, I want to declare that Opendoor has EXCEEDED MY EXPECTATIONS from our initial contact and all the way through closing. A very favorable impression was made by 1st contact Carissa Secchiari. Schedules had me soon connected with Itzel Toscano. Itzel was my main contact throughout the process, and she was outstanding. I only offer that rating to people who are clear and patient and available, and that was my experience. Emails were typically answered within an hour. I was NEVER waiting on a return phone call, as Itzel was always available by a direct call. And there were no surprises with Opendoor. The offer was fair and as-expected. Again, there were no surprises, and the closing was equally smooth. Opendoor has my admiration, I have already recommended them, and I will continue to do so. Absolutely no regrets or second thoughts on the part of this seller.
It was a pleasure working with RealtyGO. The process of selling my home was simple and easy. There was never any pressure or dissatisfaction throughout the process. I worked with Melinda and she was amazing from start to finish. She was available at all times if I had any questions or concerns. She took the time to explain everything step by step. This was the first time where I was building a new home and selling my current home. I was able to stay in my current home until the new build was complete. The process was unbelievably smooth.
