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There are many costs involved in selling a house. Fortunately, most of them don’t require an out-of-pocket payment, per se. Instead, many come out of your sales proceeds at closing.

Generally, you can expect to pay about 10% of your home’s sale price in fees and expenses. These include things like:

• Your real estate agent’s commission (5 to 6%)
• Staging and prepping your home (1%)
• Seller concessions (1 to 2%)
• Repair costs (varies)
• Homeownership and overlap costs (1%)
• Closing costs (1 to 3%)

Time to sell really depends on where you’re located and the conditions of your local housing market. Your listing price, the condition of your home, and your (or your agent’s) marketing and staging prowess can also play a role. (Which is why you should seriously consider hiring Southern Trade!)

In general, though, data from the National Association of Realtors shows that the average home is on the market for 62 days. It varies greatly by state, of course. In Vermont, for example, the average house has 186 days on the market. In Washington, it’s a mere 37. Again, it’s important to understand how quickly your home might sell in your specific market.

Although many people think that they need a real estate agent in order to sell their home, there is actually no requirement or law that mandates that you hire on to help you sell your home.

However, if you want to be taken seriously by sellers’ agents, get the best price, and make sure you don’t miss any key steps in the process—or risk a lawsuit—it’s better to use a real estate agent than to try to sell your home yourself.