The cost incurred under this include the estate agent fee, this fee varies from one agent to another, so before deciding on the one to work with, shop around and get to see the services they offer and at what rates. Only then you will be better positioned to on whom to work with.

Selling Privately-This also another cost incurred and a person is likely to spend so much in advertising so as to reach a wider audience, however the advent of the internet has made this convenient and cheap, there are many online companies that offer listings for houses on sale at a reduced and affordable fee, thus reducing the costs sellers previously incurred.

Legal Costs-Under this we have cost such as the solicitors fee.
A solicitor will have to pay money to both public authorities and private sector organizations In order to carry out the legal transfer of ownership. Costs usually vary from one local authority or utility company to another, Although VAT should not be payable on most of the local and national authority charges, it will be charged by banks and utility companies for transfer fees and drainage searches.

There is the basic cost of the solicitor’s time in processing your transaction which can be on a fixed-fee basis or per hour basis.

Under solicitors fee we also have the disbursement costs which are necessary preliminaries to buying a new home and should be clearly and separately specified.

However experts estimate that selling your house alone saves you a lot more than when using a realtor.

Sales commission-This is the commission paid to a realtor for enlisting his services. Some realtors may charge less, so be sure to shop around for those willing to take less and you can even save more by contracting them for specific services rather than contracted listing.

Closing Costs-These are costs associated with taxes (transfer and property) associated with the finalizing of your home sale.

Paying Off Your Mortgage-This is the principal balance remaining on your current mortgage. Upon the sale of your home this must be paid off. If there is a prepayment penalty make sure you deduct that from your final selling price.

Repairs to Your Home-Getting a home inspection are the best way to identify any problems. The costs associated with home repairs depends on how your house has been maintained and it’s age
Pre-Sale Facelift-This is the cost you incur while trying to make your house look good just before you make a sell. Your conservative estimate should include things like screws,hardware,new paint and landscaping services.

Moving costs-These are the costs you incur when you move from the house you selling to a new house.
Other relocation costs-appliances replacement, school transfer pay off or gym fees, furniture storage pay.