How much will I make selling my house?

Both do, and the split is negotiable in every deal. The buyer normally carries the lender’s costs, the Act of Sale and title work. The seller normally carries the commissions agreed in the listing agreement, certificates and lien releases, seller closing fees and prior-year property taxes, with the current year prorated to the closing date. A seller can also agree to pay part of the buyer’s costs as a concession — in a slower market that is a common way to hold your price and still put the deal together. Your net sheet should show it either way.

Under the 2026 Louisiana purchase agreement's default split, the seller pays required certificates, lien releases, seller closing fees and prior-year taxes and dues. Current-year taxes are prorated. Every item is negotiable.

2026 LREC Residential Agreement to Buy or Sell

Only if you agree to. Buyer's broker pay is its own line in the purchase agreement and defaults to $0 if left blank. Commissions are fully negotiable.

2026 LREC Residential Agreement · NAR settlement, Aug 17, 2024

An estimate, prepared before you list, of what you walk away with after your mortgage payoff, the commissions you agree to, closing costs, prorated property taxes and any credits to the buyer. Your agent prepares it; the title company produces the binding settlement statement at closing.

Sale price, minus payoff, minus the commissions you agreed to, minus closing costs, minus your share of the year's property taxes, minus anything you credited the buyer. On a $300,000 sale with a $180,000 payoff, a 3% listing fee, $2,500 in closing costs, $3,000 in credits and a December 1 closing, that is roughly $103,670. Your own number depends on your payoff and what you negotiate — run it above.

No. A net sheet is your agent's estimate before or during the sale. The closing disclosure and settlement statement come from the closing agent and carry the final, binding figures. The net sheet exists so there are no surprises when those arrive.

As accurate as the numbers you put in. The payoff is the one that moves most — call your lender for a written payoff quote rather than reading your last statement, because it includes interest through the closing date and any second loan or line of credit secured by the house.

Louisiana bills at the end of the year, so at closing you credit the buyer for the portion of the year you owned the home and they pay the full bill when it arrives. A December closing means you credit nearly a full year; a February closing, very little.

No. It covers what comes out at the closing table. Whether you owe tax on the gain is a separate question for a tax professional — many sellers of a primary residence owe nothing, but that depends on your situation and we are not tax advisers.

Yes, and you should. It costs nothing and it is the number that tells you whether selling works at all. Ask for your numbers and you will usually have them within one business day.