💰 Seller Series – Episode 8: Understanding the Seller Net Sheet
- Nikia Evans
- Jul 11
- 2 min read
What You’ll Actually Walk Away With at Closing
You’ve accepted an offer, inspections and appraisals are behind you, and closing day is in sight. But now you’re wondering: “How much am I really going to walk away with?”
In this final episode of the Seller Series, we’re breaking down the seller net sheet—what it is, what it includes, and how to make sure there are no surprises at the closing table.
🧾 What Is a Seller Net Sheet?
A seller net sheet is an estimate of how much money you’ll receive after selling your home. It outlines the expenses and deductions that come out of your sale price, giving you a realistic picture of your net proceeds.
This document is typically prepared by your real estate agent or closing attorney early in the process—and refined as numbers become more exact closer to closing.
💸 What’s Included in a Net Sheet?
Here’s what you can typically expect to see:
➕ Gross Sales Price
This is the amount your home sold for (the buyer’s offer).
➖ Mortgage Payoff
If you still owe money on your home loan, that balance will be paid off at closing.
➖ Real Estate Commission
Typically 5–6% of the sale price, split between the listing agent and the buyer’s agent.
➖ Property Taxes (Prorated)
You may need to credit the buyer for any unpaid property taxes through the closing date.
➖ Attorney or Title Fees
These can include title insurance, closing costs, recording fees, and legal representation.
➖ Credits to Buyer
If you agreed to help with closing costs or repairs, that will be deducted from your proceeds.
➖ Other Fees
This can include HOA transfer fees, local transfer taxes, or any liens or assessments on the property.
✅ What You Keep: Net Proceeds
Once all deductions are made, the net proceeds is the amount you’ll walk away with—usually paid via wire or check shortly after closing.
💡 Pro tip: The earlier you review your net sheet, the better you can plan your next move—whether it’s a new home purchase, investment, or simply cashing out your equity.
📊 Why It’s Important to Review Early
As your real estate broker, I’ll walk you through a custom net sheet at the beginning of the listing process so you’re not left guessing. We’ll adjust it as offers come in and numbers change, so you always know what to expect.
🏡 Let’s Maximize Your Net!
Selling your home should be exciting—not confusing. I’m here to break down every number, answer every question, and help you make the most of your sale.
📞 Call or text me at 708-249-3393🌐 Learn more at www.LimitlessRealEstateInvestments.com
Thank you for joining me for this Seller Series! Whether you’re ready to sell now or in the future, I’m just a call away.
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