🔥 Everyone wants to know how much money will they put in their pockets after selling their home. Of course, I do too.
➡️For a seller, a Net Sheet is a document used to estimate the proceeds you will receive from the sale of your property. It provides an itemized list of all expenses associated with the sale, including real estate commissions, closing costs, and any outstanding loans or liens on the property.
🔍 The net sheet is calculated by subtracting all of the expenses from the anticipated sales price of the property (which the agent provides from doing comparable market analysis), giving you, the seller, an idea of how much money you can expect to receive at closing. This information is critical for making informed decisions about selling your property and understanding the financial implications of the transaction to your bottom line.
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