Seller Net Sheet

[Cheryl H.]

I met with a seller tonight who has not listed yet with an agent, but he showed me the seller net sheet that he was given by one.  I am confused about all of the costs listed on it.  I know he can save the listing and selling agent commissions by signing a purchase agreement with me instead.  But what about all the other closing costs on it?  Will my cash buyer be responsible for additional closing costs as well?

[Mike Cumbie]

Hi @Cheryl H.,

Each state or county will be a little different, however I will say "most likely". There are closing costs in RE transactions. Sure you can negotiate them but it would have to be up front.