How much will it cost to sell my property?
The costs involved in selling your property consist of:
- Estate agent commission
- Commission fees become payable once your estate agent sells your property and contracts are signed. This is charged as a percentage of the sale price + VAT. View MyHome fees for further details.
- Legal fees for the conveyancing process
These vary depending on the solicitor you choose.
Your estate agent should include all marketing expenses within their commission fee but it is worth checking this before you instruct an estate agent, as some may charge an additional fee for advertising etc.
Your Notary Act is proof of ownership of your property, and you should have the original copy of this. In the event that it is lost a certified copy can be obtained but there will be costs involved in doing this. You will need the Notary Act in order to market and sell your property.
It is not essential to redecorate your property before placing it on the market, however, if an area is in need of a lick of paint this will appeal to potential buyers. More tips and guidance on presenting your property can be given by one of our professionals.
Your estate agent should accompany all viewings during their opening hours. However, in some circumstances they may ask you to conduct the occasional viewing. It is advisable to choose an estate agent who offers flexible opening hours to maximise viewing potential and minimise the number of viewings you have to conduct yourself.
If your estate agent is accompanying all viewings and they have the access codes and keys for your property your presence is not required. My Home accompany all viewings. It is worth noting that buyers often feel more relaxed when the owner is not present.
This depends on the conditions of the offer and what your preferences are.
We unlike most agents usually insist that the Buyer covers these fees. In some instances though it might be negotiated that these fees are shared between the two parties. Usually Notary Transfer fees are approximately 4% of the price of the property.
On the completion date, which is mutually agreed by yourself and the buyer.
If you are selling a property that you have owned for 5 years or more then Capital Gains Tax is not due. Otherwise a 10% tax is paid on the difference between the bought and sold amount.