There are a variety of costs you may be expected to pay for by the buyer when selling your rehabbed fix and flip. This property sale costs checklist covers many of them.
For more on the costs and the approximate amount you can expect to pay for each, see this post in the house flipping guide about house flipping real estate purchase, sale and holding costs.
Commissions
A realtor will require a commission for on-market sales.
Broker fee
If applicable, account for the broker fee.
Buyer’s closing costs
The buyer may request that you pay some of the closing costs.
Home Warranty
The buyer may request that you provide a home warranty.
Termite Tenting
In some states it is customary to perform termite tenting. Who pays may be either customary, or negotiable depending on your location.
Transfer tax
Real estate transfer tax may be required in your jurisdiction.
Title Insurance
You may end up paying for title insurance, depending on local custom.
Appraisal
An appraisal will validate the price that you should list the flip for.
Staging
Staging helps buyers imagine their belongings in the new space.
Photography
Include professional photography fees, if listing the flip online.
Legal fees
Fees for an attorney to review documents and facilitate the closing process.
Download Free House Flipping Sale Costs Checklist PDF
Download Free House Flipping Sale Costs Checklist Excel
Purchase and Holding Costs
You’ll find more costs for purchase and holding costs below:
