A real estate agent will list your property on the MLS just to cross their fingers and hope that someone buys it. The realtor will then start scheduling “Open House” showings and talking with buyers, if their are any that’s interested. Before your property is sold, it could take up to 90 days to 6 months or longer before a buyer actually gives a written offer to purchase. You will have to pay a partial cost of the closing fee’s or you may have to pay 100% of the fee’s. You will also have to calculate realtor commissions, which may be around 3% to 6% commission cost. On a $150,000 house that would be $4500 to $9000 in additional fee’s.
To make life easier, we pay for all closing costs. You won’t have to pay a penny.