Why agents care
The net sheet turns pricing from an opinion into arithmetic the seller can see. Put on a website, it also captures sellers months before they're ready to list, with their expected price and payoff attached.
A seller net sheet estimates what a homeowner will walk away with after selling: the sale price minus the mortgage payoff, commission, seller closing costs and other charges. Agents use it to discuss pricing, compare offers and plan a seller's next purchase. It's an estimate, and the settlement statement is the binding figure.
The net sheet turns pricing from an opinion into arithmetic the seller can see. Put on a website, it also captures sellers months before they're ready to list, with their expected price and payoff attached.
Example: a seller testing $410,000 versus $425,000 sees the net drop from about $154,250 to about $140,000, a clearer way to weigh a price reduction than percentages.
No. It's a planning estimate. The settlement statement at closing shows the actual figures.
Before the listing appointment, at price-reduction discussions and when comparing offers.
Calculators with built-in definitions, free on the Agent plan.