What to Expect When Selling Your Home in Kane, DuPage, and Surrounding Counties

Selling your home is a major financial transaction—but many sellers overlook the full scope of costs involved in closing. While it’s natural to focus on the sale price, understanding the net proceeds you’ll walk away with is just as important. That’s where proper planning—and the right legal guidance—comes in.

At The Real Estate Law Firm in St. Charles, we help sellers across Kane, Will, DuPage, Lake, and McHenry Counties understand their true bottom line before listing their property. With our support, you’ll avoid last-minute surprises, understand every expense, and walk into closing fully prepared.

What Is a Seller Net Sheet?

A seller’s net sheet is a financial summary showing what you can expect to receive at closing after subtracting taxes, fees, and other selling expenses from your home’s sale price. It’s one of the most useful tools a seller can use to prepare for negotiations, price the home properly, and avoid surprises.

Our team prepares a detailed net sheet tailored to your transaction—reviewing all anticipated closing costs so you can make confident, informed decisions throughout the sale process.

Common Costs Sellers Can Expect

1. Real Estate Agent Commissions

Typically 5%–6% of the sale price, this is often the largest seller expense. Commissions are usually split between the listing and buyer’s agents and paid at closing.

2. Title Insurance

Sellers in Illinois are generally responsible for paying for owner’s title insurance, which protects the buyer’s ownership rights. Costs typically range from $1,000 to $2,500 depending on the home’s value.

3. Transfer Taxes

Illinois sellers are subject to state and local transfer taxes when property changes hands. Rates vary by municipality and are based on the sale price.

4. Survey Costs

If required, a property survey may cost several hundred dollars. This verifies lot boundaries and can uncover encroachments or easement issues.

5. HOA Fees & Documentation

If your property is part of a homeowners association, you may need to pay outstanding dues or fees for resale documents, which help the buyer understand their obligations.

6. Legal Fees

Hiring a real estate attorney protects you from costly mistakes and legal exposure. At The Real Estate Law Firm, we offer flat-fee pricing and defer payment until closing—no upfront costs, and no payment if your transaction doesn’t close.

Why Partner With The Real Estate Law Firm?

Selling a home can feel overwhelming when you don’t know what to expect. Our firm provides step-by-step guidance to ensure you’re never left in the dark. We:

• Prepare an easy-to-understand seller net sheet
  
  
• Review all offers and contracts for hidden fees or risks
  
  
• Coordinate with your agent, title company, and the buyer’s team
  
  
• Resolve title issues and help address inspection-related negotiations
  
  
• Represent your interests at closing and make sure your payout is accurate
  
  

Our goal is to make your sale as smooth, transparent, and financially sound as possible.

Schedule a Free Consultation Today

If you’re planning to sell your home in St. Charles or the surrounding areas, get ahead of the process by understanding your full financial picture. Call The Real Estate Law Firm at (630) 687-1070 to schedule your free consultation and get expert legal support throughout your real estate transaction.