Seller’s Net Sheet:

A Seller’s Net Sheet, also known as a Seller’s Net Proceeds Sheet or a Seller’s Budget, is a financial document used to summarize the expected income and expenses for a property being sold. It provides an estimate of the seller’s net proceeds from the sale of the property.

The Seller’s Net Sheet helps the seller estimate their net proceeds from the sale of the property, which is essential for making informed decisions about pricing and selling strategies.

Components of a Seller’s Net Sheet:

1. Purchase Price: The total amount the buyer will pay for the property.

2. Closing Costs: Estimated costs associated with selling the property, such as:

   • Real estate agent commissions

   • Title insurance and escrow fees

   • Transfer taxes

   • Attorney fees

   • Expenses: Estimated expenses related to selling the property, such as:

     • Real estate agent commissions

     • Inspection fees

     • Appraisal fees

3. Net Proceeds: The seller’s estimated take-home amount from the sale of the property.