The Jamil Brothers Blog

What Are Seller Closing Costs in Montgomery County MD?

Quick Answer: Seller closing costs in Montgomery County, Maryland usually run 7% to 9% of the sale price once agent commission is included, or about 1.5% to 2.5% without it. The biggest government charge is the county's progressive tiered recordation tax (ranging from $4.45 to $11.35 per $500), plus

How Do You Sell a Home in Montgomery County, MD?

Quick Answer: To sell a home in Montgomery County, MD, you price it against recent local comps, prepare and stage it, list it on BrightMLS, negotiate offers, complete Maryland's required disclosure paperwork, and settle through a title company. Plan on total seller closing costs of roughly 5.5% to 8

How Did the NAR Settlement Change Seller Concessions in Virginia?

Quick Answer: Since the August 17, 2024 NAR settlement took effect, buyer agent commissions are no longer advertised on the MLS in Virginia, so buyers now routinely ask sellers for concessions, often 2% to 3% of the sale price, to cover their agent's fee, closing costs, or interest-rate buydowns. Mo

How Do You Sell a Home in a 55+ Community in Virginia?

Quick Answer: To sell a home in a Virginia 55+ community, you list it through the MLS like any other property, but with three added steps that are specific to age-restricted communities. First, your buyer pool is limited by federal HOPA rules that require at least one resident aged 55 or older in mo