💰 What Is a Seller Net Sheet in Real Estate?

A seller net sheet is an estimate showing how much money a homeowner will receive after selling a property. It breaks down the expected sale price, expenses, and closing costs to calculate the seller’s net proceeds. FSBO sellers often use this tool to understand their bottom line before accepting an offer.

How a Seller Net Sheet Works

A seller net sheet projects what you’ll walk away with after all selling expenses. Title companies, brokers, or online calculators like those provided by Brokerless can help estimate your true proceeds before closing.

  • Sale Price: The agreed-upon purchase price.
  • Payoff Amount: Remaining mortgage balance or loan payoff.
  • Closing Costs: Title, escrow, recording, and transfer fees.
  • Taxes or HOA Fees: Prorated property taxes or association dues.
  • Flat Fee MLS Cost: If selling FSBO, the only cost may be your MLS listing fee.

Why a Seller Net Sheet Matters

Understanding your expected proceeds helps you price your home realistically and avoid surprises at the closing table. FSBO sellers use net sheets to compare offers or verify what they’ll actually receive after all deductions.

  • Shows your real take-home amount after fees.
  • Helps evaluate multiple offers based on net, not just price.
  • Prevents overpricing by factoring in all selling expenses.

When selling through Brokerless, your flat-fee structure simplifies this calculation since you avoid paying a 3% listing commission.

Frequently Asked Questions About Seller Net Sheets

Is a seller net sheet the same as a closing statement?
No. The net sheet is an estimate created before closing, while the Closing Disclosure or settlement statement is the final version used at closing.

Who prepares a seller net sheet?
It can be prepared by the listing broker, title company, or FSBO seller using an online calculator. Brokerless sellers often estimate it themselves since there’s no listing agent commission.

Are seller net sheets legally binding?
No, they are only estimates based on projected expenses and don’t replace the official closing statement.