Unfortunately, selling a home isn’t cheap! The seller is usually responsible for paying the majority of costs. The seller pays the commission which is customarily 5-6% of the listing price. This is split between the buying and selling agent. The seller also pays for the title insurance, and other miscellaneous reports that are legally required for a property sale. If you’d like to know in more detail what you’ll be paying out, you can ask for an “estimated closing statement.” This will break down all the costs associated with selling a property. Just ask!