How Much Money Do You Keep When Selling Your Home?
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- čas přidán 1. 07. 2024
- Tune in and listen to Sarah, CEO of The Reynolds Team, as she breaks the numbers down for you.
Have questions about the home selling process? Give us a call at (703) 297 4251.
Great content...but the music is way too loud, as you are shouting the information
I gave up listening because of the background music that was very much in the foreground.
HATE background music very distracting!!!!
Dang background music is annoying.
Great video, annoying background music.
Thanks for the advice
Thank you for a well organized video, I enjoy your enthusiasm!
But the music was annoying.
Helpful, but the music is very distracting.
The content is good,but the music should be much quieter or else not used at all.
This is really really helpful, thank you. There’s so much information on buying, so this is much appreciated!
Thank you! 1st time seller in California.
The music detracted from your video. Hard to watch with that music!
Music is way too loud
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!
Thank you so much Herbert! Glad you liked it!
Obviously a friend of the family lol
Thank your CZcams video was very helpful and informative.
Awsome information with a big smile
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.
Thank yoy. Very helpful
Excellent job
What is left as profit after you pay all the expenses ?
What percentage of the sell is left?
Very good straight forward video.
This was very helpful, thank you!
Well explained very good information.
Glad you liked it Kathleen!
Awesome video, thank you!
The background music is wildly distracting and unnecessary.
Do you have a video when a home is paid off and maybe wanting to sell and buy again ?
Thanks love ❤️
Love this info .
Hi! We would love to help you! Can you DM us the best phone number & email for us to reach you?
You get totally RIPPED off by selling your home. The last home I sold I paid $45,600 in commissions ( this includes commission to the buyers agent who is negotiating AGAINST you) and nearly $10,000 in closing costs, (no tax in AZ) rippoff. My monthly principal was $491. If you do the math, over 9 years of my monthly principal was paid out to commissions and closing. OVER NINE YEARS WORTH! Selling ones home makes alot of people very wealthy.
Very good and informative vid thank you
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.
Thanks❤
Where I messed up saleing a house is saleing it too cheap to sale it fast as the utility bills and tax’s were killing me while I was renting so I took the first low offer I could get it was winter too so it was difficult
When to pay state sale tax and capital gain tax?
great information on this topic, but next video please tone the music down..
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?
Thank you. This was an awesome video.
Excellent tips! New subscriber. ❤️
Thanks for subscribing!
@@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! ❤️🤗❤️
How much of this is out of pocket? Or does everything come out of the sale price?
Great info. Thank you soo much
Turn music down or off
I just came across this video. Very good and easy to follow information!
We're glad to hear!
hello, so basically all of these fees and charges falls under the catergory of CLOSING COSTS right mam?
That's a great question! Feel free to contact us and we can answer all your doubts😊 571-946-6900
What if your home is paid off?
Great info but omg turn that music down or better still OFF
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?
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
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?
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??
Hi Keith! We are sorry for the loss of your father. Can you DM us or email us at info@rtrsells.com your contact information so our specialist can better assistant you with your question?
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.
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?
Yeah music is the biggest killer of videos no doubt
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يسسيسسث😘
Agreed. No need for the music. I want to here the valuable information.
Mhh. The background music
I’m here in Va, and we’re thinking of selling, what areas of the state do you typically work in?
I love Virginia If your interested I could try to buy it from you do you have Facebook or instagram?
If you're buying house in 3 months, is it good to use credit cards or debit cards
That's a great question! Feel free to contact us and we can answer all your doubts😊 571-946-6900
The music was not distracting to me at all. Ppl just like to complain
how the hell is the agent getting paid at closing such a happy thing..? I need to know up front the fee
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?
Hi Brenda! We would love to help you. Can you DM us your contact information so we can better assist you?
Why is the music so loud
Why would you not mention capital gains taxes? This is the biggest and most important cost when selling a home.
We would be happy to go over a with you more in detail if you are interested! You can email us at info@rtrsells.com or call us directly at 571-946-6900.
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...🤦🏿♀️🤦🏿♀️🤦🏿♀️
Yes, background music too loud, distracting, not necessary
please kill the music very distracting from hearing you
Thanks for your feedback!
That music is making it difficult to follow what your saying
On an average how many hours an seller’s agent spent from interview/listing to closing a house?
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 info@rtrsells.com or call us at 571-946-6900 to speak to our specialists.
Background music is TOO LOUD!! Very distracting when trying to concentrate on what you’re saying.
Oh god that music 🥵
I really recommend Empire Buiding Podcast. It´s freaking amazing
we couldn't agree more!
That's a lot frees and taxes.
They find away to steal your $ buying or selling
I was hoping g for a more basic explanation.
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.
Does the revenue from selling a primary residence count as gross income for income taxes?
No because it's non taxable up to 250.000 thousands single or 500.000 thousands for married couples
@@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?
@@godnestgodest6265 what about above 250K? could sell it for 300 to 400K in this market, so you pay above the 250K?
@@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..
@@brendabarnes4052
I just replied above but I forgot to asked one question. Is your house paid off..
Terrible to try to understand with the music
Why the background music? Annoying
Roughly one third of proceeds will go to taxes.
Not true, you only pay the bill when all jobs are completed, car repair, new windows or a new roof
The music is wayyyy too much turned it off because of it.
I really wanted to watch but the music is so distracting. I can't concentrate.
Thanks for the feedback!
Oh man! the music is waaaay too loud and distracting - I turned off!
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.
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.
my rule is never sell your house. Why pay 15% of your house value for almost nothing.
So do u rent it out?
@@talisav4602 yes
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
want to buy a new home for me
Hi Billy! If you need help with the process and want further information please contact us! 571-946-6900
Take off that dang music. VERY DISTRACTING.
🎶👎🏽
Worst video, 5% for real estate agents, Capital gains tax ID it's less than 2 years, the rest is far less than 1% if you're selling a house over 300k
What if you know nothing about how or what all you need to sell your house yourself? I heard you could pay a title company to do the paperwork is that what you meant by 1%? But I know nothing about any of this therefore, I looked into getting a realtor license and it's a lot of money and time to go that route too. Can you elaborate more on what you said about the rest of the capital gain and house value over 300K? or maybe 400K now in this market. I have now owned it for 25 years since 1997 and rented it out twice for a couple of years from 2010 to about 2012 or 2013. Does that mean I don't pay Capital gains then? Thank you.
@@brendabarnes4052 you don't have to pay any capital gains tax on a house if it's your primary residence and you've lived there for at least two consecutive years. The rest of the fees she mentioned for a title search, hoa, etc. are not going to be fixed prices so they don't increase with the price of the house like an agent fee. Get a good real estate lawyer and a mortgage broker that's all you need
@@ScienceBitch123 Yes, you do have to pay capital gains if your profit on the house is over $250K for a single person, $500K for a married couple. No matter how long (in excess of 2 years) you lived there.
So your spending money before you make money? I’m so confused. 🤦♀️🥹😞
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