Georgia Seller Closing Cost Calculator

Closing Cost Calculator for Georgia: Seller Averages

This free calculator can help home sellers in Georgia estimate their closing costs and net proceeds. To get a ballpark idea of the cost of selling a house in the Peach State, enter the information for each of the input fields above. You can see typical or state averages for most Georgia seller closing costs below.

Home Selling Price: $375,300

How does your home compare to the state’s median selling price of $375,300? To determine your listing price, you can:

1. Get a preliminary estimate with HomeLight’s free Home Value Estimator

2. Request a Comparative Market Analysis (CMA) from a top Georgia agent

3. Purchase a pre-listing home appraisal (typically $650 in Georgia)

4. Visit this HomeLight map link to compare recently sold homes in Georgia

Mortgage Payoff Amount: $225,786

According to the credit experts at Experian, the average mortgage balance for Georgia homeowners is $225,786. To find your exact payoff amount, check your latest mortgage statement or contact your mortgage servicer.

Listing Agent Fee: $9,383–$11,259

A typical listing agent commission in Georgia is 2.5% to 3% of the home’s selling price. On a $375,300 house, your agent’s fee might range from $9,383–$11,259.

Buyer’s Agent Fee: $9,383–$11,259

In the past, sellers covered both the listing agent and the buyer’s agent fees. However, following a landmark court settlement by the National Association of Realtors, buyers are now expected to negotiate compensation directly with their own agents. If you’re offering to pay this fee to attract buyers, on a $375,300 median-priced Georgia home, you can expect to pay $9,383–$11,259.

Detailed Closing Costs: $4,879

Closing costs in Georgia average about 1.3% of the home’s sale price. On a median-priced home of $375,300, you might pay $4,879. Below are some of the typical types of closing costs you can expect:

• Home Preparations: Curb appeal, like a deep interior house cleaning, landscaping the property, or staging the home.
• Renovations/Repairs: Fixing or updating your property to line up with market conditions
• Title Service Fees: Title company work that is required to verify who owns the property.
• Owner’s Title Insurance: A one-time insurance premium paid by the seller to protect the buyer from title issues or ownership disputes. This is usually negotiated between the buyer and seller in Georgia. Our calculator assumes the seller is responsible, as a point of reference.
• Transfer Taxes: Georgia home sellers pay a transfer tax rate of $1 for the first $1,000 of the property’s value or fractional part of $1,000 and at the rate of 10 cents for each additional $100 or fractional part of $100. (See more below.)
• Recording Fees: These are fees paid to the local government to document changes in property ownership officially.
• Buyer Incentives: Credits or concessions you might offer buyers, such as paying the buyer’s agent fees or offering a rate buydown. These can often include things like title service fees or transfer taxes.
• Other Costs: Miscellaneous expenses not covered in other categories, such as attorney fees and HOA transfers. (An attorney is required to sell a house in Georgia.)
• Moving Expenses: While not technically a closing cost, you should include this expense in your budget, which can range from $883 to $7,000.

In Georgia, the real estate transfer tax is based upon the property’s sale price: $1 for the first $1,000 or fractional part of $1,000 and 10 cents for each additional $100 or fractional part of $100. Sellers are responsible, but this tax is frequently split or negotiated between the buyer and seller.

For example, transfer tax liability for a home sold at $375,300 would be $375.30.

More Helpful Seller Tools From HomeLight

Here are some additional tools you may find helpful as you plan your Georgia home sale:

• Listing Agent Match platform
• Home Value Estimator
• Best Time to Sell Calculator
• Agent Commissions Calculator
• Net Proceeds Calculator

Want to avoid closing costs and sell fast? Get a cash offer today.

With HomeLight’s Simple Sale platform, you can receive a no-obligation, all-cash offer in 24 hours and close in as few as 10 days. Answer a few questions about your Georgia home to get started. Along with your offer, you’ll also see an estimate of what a top Georgia agent might be able to get for your home. Get both options with one tool.

As you look ahead to your next home purchase, here are some helpful buyer tools:

• Home Affordability Calculator
• Down Payment Calculator
• Closing Costs Calculator
• Buyer’s Agent Match platform