How to Read a Seller Net Estimate
Your sale price is the starting number. Your net estimate shows what may remain after the expenses of selling and paying obligations connected with the property. Comparing the two helps prevent expensive surprises.
Start with the same assumptions
Ask each estimate to identify the proposed sale price, expected closing date and loan payoff assumptions. Include agreed commissions, escrow and title charges, concessions, repairs and other applicable expenses. Commissions are negotiable; an estimate should use the actual proposed agreement.
Watch uncertain items
Loan payoff amounts can change with the closing date. Inspection negotiations can change repair costs or credits. Tax prorations and other settlement items may be adjusted before closing. Label an estimate clearly rather than presenting it as money guaranteed to arrive.
Compare offers beyond the price
A higher offer with a large credit request or substantial conditions may produce a different outcome from the headline number. Review financing, contingencies, deposit terms and timing alongside estimated proceeds.
Keep tax planning separate
The amount paid through escrow does not by itself establish the after-tax result. Ask your tax adviser how your circumstances affect the sale before committing the expected proceeds elsewhere.
Common question
Is a net sheet my final settlement statement? No. It is a planning estimate; review the final closing documents and actual disbursement details.
Next step
Ask Bobby for a clear side-by-side estimate when comparing selling options.