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Costs of Selling

Plan for the money available after the sale

A good selling proposal should make the service and the numbers clear. At Ray White Cambridge, ask us to explain the campaign being proposed for your home, the work it includes and the written costs. Then connect that proposal with your loan payout, legal work and moving plans to understand the money available after the sale.

The sale price is the starting point for your next-home budget. Build the deductions from your own agreements and quotes, and have your lawyer and lender check the timing as well as the total.

Get commission and marketing costs in writing

Before signing an agency agreement, understand how commission is calculated, whether GST is included, what other fees apply and when payment is required. Ask for an estimated dollar amount at the appraised selling range. If the calculation has tiers or a minimum, have the salesperson show how it works.

Keep the marketing proposal alongside it. Identify included services, optional upgrades, payment dates and any expenses payable if the property does not sell. Ask what happens if you change the campaign or end the agreement. These are the terms to compare, rather than a headline percentage alone. Settled’s selling-with-an-agent guide explains the information to expect and the importance of understanding the agreement.

Ray White Cambridge’s proposal should relate to your property and campaign. This page does not quote an office commission scale or a standard advertising package; obtain the actual written offer for your sale.

Separate preparation from larger improvements

Allow for the practical work needed before photography and inspections: cleaning, garden care, repairs and any presentation services you choose. Decide what is necessary, what helps show the home clearly and what can reasonably wait. A major renovation can add cost and delay without delivering the same amount back in the sale price.

Our preparation guide helps you set priorities. Get quotes before committing to staging, painting or other work, and agree whether a marketing service is included or charged separately.

Ask the right provider for each figure

  • Lawyer or conveyancer: sale work, title or document issues and the settlement statement.
  • Lender: the loan payout for the expected date, any early-repayment costs, discharge charges and finance for the next home.
  • Relevant providers: reports, compliance work or property documents you choose or need to supply.
  • Moving and storage companies: access requirements, packing, transport, storage and a possible second move.
  • Tax adviser: any property-sale tax or GST questions arising from your circumstances and use of the property.

Check ownership costs through the handover, including insurance and any rates or shared-property adjustments your lawyer identifies. Keep a separate allowance for the next purchase so those expenses do not disappear between two budgets.

A simple net-proceeds worksheet

Start with the proposed sale figure. Deduct the confirmed loan payout, estimated commission and GST, marketing, legal work, preparation and reports, moving and other applicable commitments. Compare more than one sale outcome, using the costs that would apply in each case. Mark each item as confirmed, estimated or still to obtain.

Record when each amount is due. An overall surplus does not mean cash is available for an earlier purchase deposit or an upfront invoice. Your lawyer and lender can explain how the buyer’s deposit, settlement proceeds and your next purchase fit together.

Decide what each marketing item is there to do

Our marketing guide explains photographs, signboards, brochures and the online campaign discussion. In your own proposal, ask how each item will help the likely buyer understand or find this property. Separate the core campaign from options you can choose, and confirm what a change would cost before approving it.

For a lifestyle property, the relationship between the home, access and land may need careful explanation. A compact home may need photographs and a plan that make room use and storage clear. The useful question is which presentation and channels suit this sale, with costs you understand.

Keep a decision record alongside the budget

For every optional expense, note its purpose, quote, payment date and the decision made. Put repairs in a different category from advertising and moving costs so you can see where the money is going. Keep enough flexibility for a finding or change in timing rather than allocating the full expected surplus before the sale is certain.

Compare the whole selling proposal

Consider the service, preparation advice, marketing, buyer follow-up, reporting and negotiation approach alongside the costs. Ask who will do the work and how decisions will be discussed. The aim is a clear, workable plan for your property and next move.

Request a free sales appraisal, read our Cambridge selling plan or call 07 827 0222. If another purchase is involved, also explore whether to sell or buy first.