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Closing & Transactions

What is a seller's net sheet?

By Steve Conley

Short Answer

A seller's net sheet is an estimate of the net proceeds a seller will receive after deducting closing costs, commissions, and fees from the sale price. It helps sellers understand their expected financial outcome from the transaction.

Steve Conley, Principal of the Conley Sales Group at COMPASS

Steve's Advice

Steve Conley

Principal, Conley Sales Group at COMPASS

A net sheet shows sellers their estimated proceeds after all costs -- commission, closing costs, payoff, and any outstanding liens. I prepare one for every seller before we list so they know exactly what to expect at closing.

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More Questions

More questions in Closing & Transactions

What are typical closing costs for buyers in the Keys? How long does closing take in the Keys? What is a title search and why is it important? Can I close on a Keys home remotely? What happens during a Keys home closing? Do I need an attorney for a Keys real estate closing? What is earnest money and how much should I offer? How do inspections affect the closing process? What should I bring to closing?

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