When Selling a Home, Who Pays the Closing Costs?

Jake Boucher
2 min readDec 10, 2021
Photo by Scott Webb on Unsplash

In case you haven’t caught on yet, this entire week I’ve been writing articles about frequently asked questions on Google about real estate.

People are asking the questions, why not provide an answer through my mind?

What are closing costs?

Closing costs are the costs due at closing by the buyer and seller. Closing costs range from 3–6% of the home’s purchase price. The buyer usually pays for more of the closing costs. With that said, the seller usually has to pay for certain fees like local taxes and municipal fees.

Both parties need to be aware of how these different expenses will be paid before signing the contract.

Closing costs a seller has to pay at closing

  • Agent commission
  • HOA fees
  • Attorney fees
  • Title insurance
  • Transfer tax
  • Any escrowed money promised to buyer

Escrow costs are typically split 50/50 between buyer and seller

Speak to an attorney or someone with expertise to get an idea of any other closing costs you may need to know about.

Something else to keep in mind: closing costs must be disclosed in advance by law to buyers and sellers and agreed upon before a deal can be completed.

You can’t avoid closing costs. Figure out which ones you need to pay and get them paid.

Jake Boucher is a licensed Realtor in Massachusetts working at US Realty Consultants LLC.



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