Most sellers know their asking price. Fewer know the number they’ll actually walk away with.
Here’s where the money goes when you sell a home in Bend, Redmond or Central Oregon, so the number at closing isn’t a surprise.
Where the money goes when you sell in Bend or Redmond
Your loan payoff
Whatever you still owe on your mortgage, plus any home equity line, is paid off at closing. Your lender gives escrow the exact payoff amount.
Commissions
Agent pay is negotiable, and since 2024 the listing agent's pay and any pay for the buyer's agent are agreed on separately. I'll walk you through both before you sign anything, so you know exactly what you're agreeing to.
Title and escrow
In Central Oregon, the seller usually pays for the buyer's title insurance policy, which protects the buyer if a problem with the title turns up later. The escrow fee, which pays the company that handles the money and paperwork, is usually split between buyer and seller.
Property taxes and HOA dues
Taxes are split based on the closing date, so you pay only for the time you owned the home. If you're in an HOA, there may be a transfer fee or a charge for the documents the buyer needs.
Getting the home ready
Repairs, cleaning, staging and photos. Some of this is optional, and I'll tell you what's likely to pay for itself and what isn't.
Credits to the buyer
After inspections, buyers often ask for repairs or help with their closing costs. On average, homes sell within about 3% of asking, and when a credit is involved, the price and the credit together still tend to land in that range. I call that the 3% Rule.
Cost to sell a home in Bend: common questions
How much does it cost to sell a home in Bend, Oregon?
It depends on your price, your loan balance and the terms we negotiate, which is why I don't use a rule of thumb. The six areas above are where the money goes, and a net sheet turns them into one number for your home.
Who pays closing costs when you sell in Oregon?
In Central Oregon, the seller usually pays for the buyer's title insurance policy, and the escrow fee is usually split between buyer and seller. Property taxes are divided by the closing date. Anything beyond that, like repair or closing-cost credits, is negotiated.
Is real estate commission negotiable in Oregon?
Yes. The listing agent's pay and any pay for the buyer's agent are agreed on separately, and I'll walk you through both before you sign anything.
What is a net sheet?
A one-page estimate of what you'd walk away with at a few different sale prices, using your real payoff, today's title and escrow costs and your property taxes.
Want your actual number?
I'll put together a net sheet for your home: a one-page estimate of what you'd walk away with at a few different sale prices, using your real payoff, today's title and escrow costs and your property taxes. Then you can decide whether now is the right time to sell, or whether waiting makes more sense.
Get my net sheet