Georgia Sellers: Here’s a Round Up of Your Closing Costs
Whether you’re selling a modern condo in Atlanta’s Midtown or a century-old property in Savannah’s Historic District, you need to know the closing costs sellers are responsible for in Georgia. The last thing you want is sticker shock when you review these subtractions in your seller’s settlement statement.
Closing costs in Georgia typically range 5% to 10% of the home’s sale price. For example, closing costs for a $366,000 home run between $18,300 to $36,600, depending on your location and arrangement with the buyer.
For a deep dive on Georgia closing costs, we partnered with top Brunswick listing agent Valerie Burnett, who completes more sales than the average Brunswick agent by 25%. We’ll break down customary sellers’ closing costs, plus some additional costs that are negotiable.
The average cost to sell a home in Atlanta is $34,170
HomeLight’s recent study reveals that it costs $34,170 on average to sell a $500,000 home. This total cost includes:
Prep costs: $6,870 for pre-listing home improvements such as lawn care, painting, staging, and more
Commission: $15,000 for the listing agent
Taxes and fees: $12,300 for the transfer, tax, title fees, and escrow fees which we’ll detail below
Not in Atlanta? You can estimate your home sale takeaways after closing costs with HomeLight’s Net Proceeds Calculator for whatever city you live in.
