How Much Does It Cost to Sell a Home in Forney?
Selling a home in Forney is a big decision — and understanding the associated costs is essential to making a smart move. Whether you're relocating, upgrading, or downsizing, knowing what to expect financially can help you set realistic goals and avoid surprises at closing.
At The Crestedge Group, led by Jennifer Shannon Templeton, we guide Forney homeowners through every step of the selling process. Here’s a comprehensive breakdown of what it typically costs to sell a home in Forney, Texas.
1. Real Estate Agent Commission
The most common cost associated with selling a home is the real estate commission, typically split between the seller’s and buyer’s agents.
Standard rate: 5% to 6% of the home’s sale price
Example: On a $400,000 home, that equals $20,000–$24,000
Working with an experienced agent like The Crestedge Group helps ensure that this cost is more than offset by expert pricing, staging, and negotiation.
2. Title and Escrow Fees
These are costs associated with transferring the property’s title to the new owner and ensuring the transaction is handled legally and securely.
Typical range: $500 to $1,500 depending on sale price and provider
3. Seller Concessions (if any)
Sometimes sellers agree to cover part of the buyer’s closing costs or other incentives to secure a deal.
Examples include:
Covering loan points
Paying for a home warranty
Contributing to buyer’s closing costs
These are negotiable and depend on market conditions.
4. Home Repairs or Pre-Listing Updates
To attract top offers, many sellers invest in repairs, touch-ups, or even staging.
Minor updates: $500–$2,000
Major repairs or upgrades: Varies significantly based on scope
At The Crestedge Group, we help sellers decide which upgrades will yield the best return.
5. Property Taxes and HOA Fees
You’ll need to pay prorated property taxes and any outstanding HOA dues through the closing date.
Estimate: Varies depending on property and neighborhood
6. Capital Gains Tax (if applicable)
If you’ve owned and lived in your home for at least two of the last five years, you may be exempt from paying capital gains tax on profits up to $250,000 (or $500,000 for married couples).
Always consult a tax professional for personalized advice.
7. Moving Costs
Once the home sells, don’t forget to factor in the cost of moving.
Typical range: $500 to $2,500 depending on distance and volume
Total Estimated Costs to Sell
While every sale is different, here’s a general estimate for a $400,000 home in Forney:
Agent commissions: $24,000 (6%)
Title & escrow: $1,000
Repairs/prep: $1,500
Misc. costs (concessions, taxes, moving): $2,000–$5,000
Total Estimated Cost: $28,500 to $31,500
Want to know what your Forney home might sell for — and what it will cost to do it? Contact The Crestedge Group for a free consultation and personalized estimate. We’ll help you make a smart, informed move with confidence.
📞 Call: (214)803-4444
📧 Email: info@crestedgegroup.com
🌐 Visit: www.thecrestedgegroup.com