How Much Money Do You Keep When Selling Your Home?

[@savingmoney5604]

Good info. I use to be a producer, if you play the music just as your intro and ending it would be great. Never play in background when you are doing your presentation. ❤❤❤loved the info was very useful.

[@deb4945]

Thank you for a well organized video, I enjoy your enthusiasm! But the music was annoying.

[@titelcat]

The content is good,but the music should be much quieter or else not used at all.

[@habibbdvs]

Hey there! Thanks for breaking down the costs of selling a home. I never knew about the extra mortgage payment or prorated taxes! It's super helpful to know to expect around 7-8% in total costs. I would love to see more videos like this!

[@shortychronicles252]

This is really really helpful, thank you. There’s so much information on buying, so this is much appreciated!

[@melissaayres6347]

Great content...but the music is way too loud, as you are shouting the information

[@CIST3]

I gave up listening because of the background music that was very much in the foreground.

[@herbertmcgurk]

I enjoyed your video and commend you on your relaxed presentation. I like the fluffy sofa chair and the plantation shutters as a background. Excellent production lighting and you were very comfortable while speaking. I like that you addressed the fears of sellers because you are absolutely right, people forget what they had done 7-8 years ago and explained everything effortlessly. Brava!

[@rtrsells]

Thank you so much Herbert! Glad you liked it!

[@richj011]

Obviously a friend of the family lol

[@pj-light-glass]

Thank you! 1st time seller in California.

[@ldstiesto]

Great video, annoying background music. Thanks for the advice

[@mollyturgess3153]

I did forget about that first mortgage payment. Thanks for that info.

[@brendabarnes4052]

HATE background music very distracting!!!!

[@markldonaldii]

Great info. Retired military so we’ve bought and sold quite a few homes, and I always seem to forget all the selling costs. But this was a great video for anyone that doesn’t do it professionally.

[@postcardguy]

The music detracted from your video. Hard to watch with that music!

[@Hhopiuygv]

Turn music down or off

[@Da_real_skorpion]

Great information

[@naimafikri193]

Awsome information with a big smile

[@MrOldandslow]

Helpful, but the music is very distracting.

[@pamelapetrilli5759]

Music is way too loud

[@SunShine-qg8xq]

Do you have a video when a home is paid off and maybe wanting to sell and buy again ? Thanks love ❤️ Love this info .

[@rtrsells]

Hi! We would love to help you! Can you DM us the best phone number & email for us to reach you?

[@NathanielHoobler]

I still don’t quite understand what you were talking about at 8:20, like what to do with those numbers I’m order to figure out the number that I’d get.

[@monicareina7656]

What is left as profit after you pay all the expenses ? What percentage of the sell is left?

[@aw3752]

Plan on losing 10% when all is said and done. The real estate industry is a scam.

[@zackrhoward]

great information on this topic, but next video please tone the music down..

[@ayev8r]

Dang background music is annoying.

[@aikenandre]

What if your home is paid off?

[@Kathleen_Militello_Realtor]

Well explained very good information.

[@rtrsells]

Glad you liked it Kathleen!

[@pgpc6448]

If I received the HOA documents when I purchased the home and I still have them, why can’t I just forward them to my buyer? What changes in those HOA documents?

[@MMed2472]

What about capital gains tax?

[@Thatboykaiii]

Very good and informative vid thank you

[@maggiesteen2049]

Great video. What about capital gsins?

[@TedIlli-q2w]

Understand these simple things when selling. Agents are out to sell. That's what you're paying an agent to do. They don't get paid a dime until the house sells, so their PRIMARY goal is just that, sell. The agents secondary goal is to get the best price. It's far LESS as important as their primary goal. Good agents make a lot of money and that's what you want. Understanding these points should tell you how to deal with real estate agents. You need to have the agent explain and actually handle everything you know noting about. The PRIMARY thing the seller should do is research and determine a listing price WITHOUT the aid of the agent. It should be compared to a price SOLELY developed by the agent. The price should include all the data the agent used to develop the agents price. YOU pick the price to list the house at. Then monitor the agents activities and real estate sales activity in the area weekly to confirm the accuracy of your asking price.

[@tracystokes6299]

Very good straight forward video.

[@williamtiffee3799]

I was hoping for the average HUD closing costs, using realtors. (e.g. 15- 20% of your equity?)

[@funentertainment4730]

Question after seller sell home the equity goes to seller right after all selling cost fees is that right

[@rtrsells]

Great question! The amount of money you keep when selling your home depends on various factors like closing costs, real estate agent commissions, and any outstanding mortgage balances. At Reynolds EmpowerHome, we specialize in helping our clients maximize their profit by guiding them through each step of the selling process. We would welcome assisting you in your home sale, reach out today for your personalized advice!

[@mothmanmothman4909]

Good grief I didn't know we paid all this mess. It seems like it'd be easier if the government just took taxes straight out of our paychecks instead of taxing EVERYTHING. Oh wait...🤦🏿‍♀️🤦🏿‍♀️🤦🏿‍♀️

[@clydedenby1436]

The background music is wildly distracting and unnecessary.

[@choosetoshine2610]

Excellent tips! New subscriber. ❤️

[@rtrsells]

Thanks for subscribing!

[@choosetoshine2610]

@@rtrsells Great tips! Please no need for the background music. It's highly distracting which takes away from the important information you are trying to convey! ❤️🤗❤️

[@kathysarmiento4652]

I just came across this video. Very good and easy to follow information!

[@rtrsells]

We're glad to hear!

[@BureaucracyWorld]

When to pay state sale tax and capital gain tax?

[@wyqid]

Actually just about everything service based you pay after the service is completed.

[@montrawilliams6020]

Thanks❤

[@lelyluck]

How much of this is out of pocket? Or does everything come out of the sale price?

[@freedomncayiyana3088]

Mhh. The background music

[@savingmoney5604]

We subscribed

[@rmalonzojr]

hello, so basically all of these fees and charges falls under the catergory of CLOSING COSTS right mam?

[@rtrsells]

That's a great question! Feel free to contact us and we can answer all your doubts😊 571-946-6900

[@hopegant5727]

Thank your KZbin video was very helpful and informative.

[@richardortega2997]

If my mother inherited her parents house (which is paid off) and she wants to sell the home this year, but give away the profits to her kids (me , my brother and my sister) will she have to pay the taxes or can she gift the money and not pay any taxes. I guess my question is, what is the best way for my mother to sell the home and not pay any taxes if she plans on giving the money away?

[@o.c.g.m9426]

I believe the children have to inherit the home to avoid taxes. If the word sell is involved the word taxes are next. Or if she sells the home and the proceeds are used to buy another home within a certain time frame she avoids the taxes. Hence why the wealthy sell million dollar home(usually at a loss) & buy another home asap

[@rtrsells]

Hi Richard! We would love to help you! Can you DM us your contact information so our specialist can better assist you with your question?

[@np14832]

Excellent job

[@jillchaban7693]

Thankyou

[@Street_Costello]

I’m here in Va, and we’re thinking of selling, what areas of the state do you typically work in?

[@TonyDavis_]

I love Virginia If your interested I could try to buy it from you do you have Facebook or instagram?

[@bbfreetube]

Thank yoy. Very helpful

[@SueCherryBlosom]

Now how much money I get after selling my house

[@gunsntokens]

Why would you not mention capital gains taxes? This is the biggest and most important cost when selling a home.

[@rtrsells]

We would be happy to go over a with you more in detail if you are interested! You can email us at [e-mail] or call us directly at 571-946-6900.

[@keithreynolds8522]

My father passed away this past year in 2021 and he hadn't left me the house. However I wanted too know how to sell my father's home, without losing out on the sale? And I have one more question. I can't afford too make payments on the state taxes or the bill notices that come in could I still be able too sale the house if possible. Or do I have any options left??

[@rtrsells]

Hi Keith! We are sorry for the loss of your father. Can you DM us or email us at [e-mail] your contact information so our specialist can better assistant you with your question?

[@junepham9661]

Get rid of the annoying background music. What about capital gain tax? This is my biggest concern. I am aware of all the costs you mentioned in this video.

[@rtrsells]

Hi June, We would love to help answer your questions! Can you Direct message us the best contact information so our specialist can better assist you?

[@MarkRumpakis]

Yeah music is the biggest killer of videos no doubt

[@myandgomez9498]

سس

[@myandgomez9498]

يسسيسسث😘

[@choosetoshine2610]

Agreed. No need for the music. I want to here the valuable information.

[@anshultaneja.realtor]

Lower your Background Music Volume

[@jayhernandez6812]

If you're buying house in 3 months, is it good to use credit cards or debit cards

[@rtrsells]

That's a great question! Feel free to contact us and we can answer all your doubts😊 571-946-6900

[@serinap2377]

This was very helpful, thank you!

[@lorraineshea3717]

Why is the music so loud

[@zosodubbs]

The music was not distracting to me at all. Ppl just like to complain

[@kathrynackley3460]

Yes, background music too loud, distracting, not necessary

[@meganrydman8152]

Awesome video, thank you!

[@SuperAlpha1906]

how the hell is the agent getting paid at closing such a happy thing..? I need to know up front the fee

[@aggypoo7921]

This is really great video . But I can't finish watching because the music is so distracting and annoying I'm sorry. if you can do that video one more time without that music that'll be great.

[@pennystocks1553]

Great info but omg turn that music down or better still OFF

[@shudson0223]

Thank you. This was an awesome video.

[@SusieMullins-t6i]

I so agree with the comment about background music - it’s distracting and so annoying that as soon as I hit SEND on this, I’m outta here.

[@pmeehan_3]

It's sad that half of the comments are about the background music. It didn't bother me.

[@brendabarnes4052]

Anyone who would like to reply with knowledge would be appreciative: What if you know nothing about how or what all you need to sell your house yourself instead of THOUSANDS or 6% to a Relator. I heard you could pay a title company to do the paperwork instead and save thousands? My house is over $300K or even 400K currently so curious about Capital gain and how it works if you lived in it for 2 years? Does that mean anytime I have owned it? I have owned it since 1997, or 25 years now, and rented it out twice for a couple of years from 2010 to about 2012 or 2013, and have moved back in since. Does that mean I don't pay up to 250K and above that, I pay Cap Gain?

[@rtrsells]

Hi Brenda! We would love to help you. Can you DM us your contact information so we can better assist you?

[@RetrieverTrainingAlone]

Does the revenue from selling a primary residence count as gross income for income taxes?

[@godnestgodest6265]

No because it's non taxable up to 250.000 thousands single or 500.000 thousands for married couples

[@brendabarnes4052]

@@godnestgodest6265 So I'm single own my house since 1997 and currently is worth 350K or over 400K in this market. do I owe capital tax or any taxes if I lived in it except for 2 or 3 years and rented it in 2010 to 2013 but have moved back and lived in it since? Is it on the equity how much the house sold for or on the equity? Sorry I am confused.. Is if sold for 400K then capital tax is above 250K?

[@brendabarnes4052]

@@godnestgodest6265 what about above 250K? could sell it for 300 to 400K in this market, so you pay above the 250K?

[@godnestgodest6265]

@@brendabarnes4052 No. you shouldn't have to pay capital gain tax if you live in your house 2yrs straight. You can also check with your tax accountant. Let's say if your gain is 350.000. You get 250.00 tax free and tge balance of 150.000 will be taxable..

[@godnestgodest6265]

@@brendabarnes4052 I just replied above but I forgot to asked one question. Is your house paid off..

[@karynnotkaren693]

I really wanted to watch but the music is so distracting. I can't concentrate.

[@rtrsells]

Thanks for the feedback!

[@albertomatienzo5443]

I was hoping g for a more basic explanation.

[@afizsuleymanov4533]

Annoying background music Hard to ignore music and concentrate on what you are saying. Anyway thanks for info

[@Antisocialchrissy]

The music is wayyyy too much turned it off because of it.

[@blaakcoffee]

Great info. Thank you soo much

[@josettedessalines6389]

please kill the music very distracting from hearing you

[@rtrsells]

Thanks for your feedback!

[@mikehauer8218]

Not true, you only pay the bill when all jobs are completed, car repair, new windows or a new roof

[@rafakanon]

I really recommend Empire Buiding Podcast. It´s freaking amazing

[@rtrsells]

we couldn't agree more!

[@ashoksahu2642]

On an average how many hours an seller’s agent spent from interview/listing to closing a house?

[@rtrsells]

Hi Ashok, every situation varies! Our listing sells 50% faster than the average agent. Our average days on the market is 28 days while other agents average days on the market is 48 days. If you have any questions on how our process works, you can email us at [e-mail] or call us at 571-946-6900 to speak to our specialists.

[@dignagonzales9768]

Why the background music? Annoying

[@Gail-zj4ie]

Terrible to try to understand with the music

[@dlemmon1276]

Oh man! the music is waaaay too loud and distracting - I turned off!

[@SueCherryBlosom]

How much money they going to charge you that’s a lot of money

[@onlinegametime]

That's a lot frees and taxes.

[@rhondamoberley4616]

Background music is TOO LOUD!! Very distracting when trying to concentrate on what you’re saying.

[@angelastewart9497]

They find away to steal your $ buying or selling

[@karennagorski4782]

Please cut the background music. Too loud, too fast and unnecessary. Your thoughts are valuable but I had to stop watching after a few minutes.

[@db8646]

Roughly one third of proceeds will go to taxes.

[@hemphoney3496]

It cost too much to sell a home. It is time for Realtors commissions to change. Most of what they do is done by a computer. This BS of two Realtors and two brokers making money from ONE transaction is too many.. Time to change the real estate system. It is outdated.

[@carlacottrell6584]

Take off that dang music. VERY DISTRACTING.

[@billyguilford8442]

want to buy a new home for me

[@rtrsells]

Hi Billy! If you need help with the process and want further information please contact us! 571-946-6900

[@snowglider400]

my rule is never sell your house. Why pay 15% of your house value for almost nothing.

[@talisav4602]

So do u rent it out?

[@snowglider400]

@@talisav4602 yes

[@dieseldawg7132]

I’m selling just because with taxes more than doubling I’m not making enough to justify keeping… but I am also close to selling for double

[@tomgoodman9989]

Get rid of your background music ! very annoying 😑

[@elmerfudd516]

So amateurish with the music barely did a minute

[@coastalhillbilly3419]

🎶👎🏽

[@HelinatheHomeBody]

So your spending money before you make money? I’m so confused. 🤦‍♀️🥹😞

[@rtrsells]

Hi Sam! We know... sometimes it can be a confusing process. You have us to help! Just contact us with any question you have and for further information! 571-946-6900