The Costs Involved in Selling a Grand Rapids Property

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I often get asked, “What are the costs involved in selling a property?” It’s not a very large list, but you do have some costs involved in selling a home. 

1. The brokerage fee. This goes to the agents involved in marketing and selling the property. 

2. Transfer tax and revenue stamps to the state of Michigan. This is basically a sales tax for selling the property in Michigan. 

3. Required title insurance. You will need an owner’s policy. 

4. Transaction fees. These include things like closing fees. If you have a well and septic, you will be responsible for those fees as well. 

Other things you may need to pay for include an optional home warranty or assisting the buyer with closing costs. There may be other costs specific to your transaction that get negotiated by your agent. 

If you have any questions, give me a call or send me an email. I would be happy to help you!

What To Expect from the Grand Rapids Market in 2016

Buying a home? Click here to perform a full home search
Selling a home? Click here for a FREE Home Price Evaluation 
Call me at (616) 447-7025 for a FREE home buying or selling consultation.

It's crazy to think that 2015 is almost over, but we have to start looking ahead to 2016. What can we expect from the real estate market? Will it be a better market for buyers or sellers?

According to Trulia's research department, the Grand Rapids real estate market will be the #1 market to keep an eye on in 2016. Why is this? There were five metrics that contributed to this. They were: strong job growth, low vacancy rates, high affordability, more inbound searches than outbound searches, and a large share of millennials.

Grand Rapids is very affordable, and we have seen a lot of job growth, so that's why 2016 could be a very exciting year for Grand Rapids real estate.

If you've been thinking about buying a home, I would recommend that you start the process soon. Interest rates aren't going to get any lower, and there's no reason to spend more money than you need to just because you didn't act soon enough.


Please don't hesitate to contact me with any questions or concerns you may have. I look forward to speaking with you!

The Benefits of Listing This Winter

Buying a home? Click here to perform a full home search
Selling a home? Click here for a FREE Home Price Evaluation 
Call me at (616) 447-7025 for a FREE home buying or selling consultation.

Generally, there’s a decrease in competition during the colder months. Not-so-serious sellers remove their home from the market as the holidays approach.

Comparatively, buyers during this time of year are extremely serious and motivated! In Michigan, snow creates an obstacle. However, there are buyers experiencing life changes, such as job transfers and placements, that require them to move quickly.

The bottom line: it’s a great time to sell. If you have any questions, please reach out!