When selling a house what are the costs involved besides real estate and legal?
Hi Michael, you'll have fees for an agent to sell the home and they may also charge marketing fees and a legal fee for a solicitor/conveyancer to prepare contracts as you have pointed out. Other fees you may incur would be "break fees" on your home loan if it is affixed rate loan, discharge fees on your variable home loan (say up to $500) could differ if your loan is with a mortgage manager. There are also government fees to de register a mortgage if there is one $107. And don't forget your moving costs! Good luck with the sale :)
Costs of selling include the following three categories:
-real estate agent costs
-other selling costs
For more details of costs within these categories, visit my website, I have a selling cost calculator which is very user friendly:
Hope that helps.
Key Finance and Investments