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Closing costs tend to be fixed, including transfer taxes, escrow expenses, and notary fees. 2023 Forbes Media LLC. As you think about listing your home to cash in on the real estate craze, be sure to have a clear understanding of the fees youll need to pay to get a sense of how much money you will actually make. Before you sell, check with your lender to get a quote of the payoff amount, which includes any accrued interest since the closing date. Some states also impose mansion taxes, an additional tariff on luxury properties that sell for seven figures or more. Learn about other laws that affect your tax liability when selling a house. Note: The shipping price refers to both buyer and seller paid shipping using a Mercari label and Mercari Local delivery. Fortunately, Clever has already done the work for you by negotiating a pre-discounted rate of 1.5% for sellers. If your registered address is in the US, the seller currency conversion charge applied and retained by eBay is 3%. Your current bills will give you an idea how much it will cost each month to leave on the utilities until a new buyer moves in. If youre selling your place, youre going to have to move all your stuff. If the plates had been listed as individual items and purchased together on a single Purchase Order, the total service fee would be $49.50 each, totaling $495 for all the items on the Purchase Order." Nonetheless, the fee cap and refundable monthly fee could make this a cheaper place to sell expensive goods than Etsy and eBay. You'll be prompted to enter details and photos of your item, including keyword tags and a description that helps tell its story. Create a Listing After you create a Chairish account, you can hover over your name and select " Sell an Item " from the drop down menu to start creating a listing. While you can make repairs yourself, hiring a professional stager can help increase your payoff. You may be charged final value fees if you violate our policy of buying or selling outside of eBay, or we may apply additional final value fees if you are not meeting our performance expectations. Without high-quality marketing, your home may not get the attention and interest it deserves. The base exchange rate reflects rates within the wholesale currency markets applicable to the currency pairing on the day of the conversion, or the prior business day. Average total. The percentage that Chairish keeps depends on how much your item sells for: 20% of the first $2,500, 12% of the next $22,500, and 3% of the next $15,000. For most shops, I would recommend a budget of $3-10 per day for a week so that you have enough data and statistics to know which of your listings work and which don't. Alternatively, you can set a low budget of $1. 3. Were transparent about how we are able to bring quality content, competitive rates, and useful tools to you by explaining how we make money. The only purchase protection offered is when you buy shipped items from Facebook shops using the checkout system. Getting a pre-sale inspection allows you to make the repairs ahead of time, removing any possibility of a buyer demanding them later or asking you to lower the price (see Seller concessions, below).