I am an experienced Realtor with over 20 years in the industry.  Perhaps this will help you?

What are closing costs?

Closing is the last and final stage in the home selling process. This is the moment when all the documents are signed and payment goes through, finalizing the transfer of property ownership from you to the buyer.

Since a smooth closing relies on third-party services — like an escrow company — someone has to cover those expenses.

Both you and the buyer will also be responsible for an assortment of closing costs. As the seller, your closing cost fees will mostly relate to transferring ownership of your home while the buyer will mainly cover closing costs associated with their lender.

How much are closing costs in Texas?

While total closing costs can range anywhere from 1% to 7% of the sales price of your home, neither you nor the buyer will pay the entire amount. Typically, you as the seller will pay between 1% and 3% compared to buyers who pay between 3% and 4% of closing costs.

It’s good to note, however, that even though your luck out and avoid the brunt of closing costs, you as the seller will still have to cover commission costs which can add on as much as an additional 6%.

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