The basic procedures for selling a house.
Sign a contract of sale and purchase: The buyer and the seller need to sign a formal contract for the sale and purchase of the house, specifying the rights and obligations of both parties.
Handle the transfer of property rightsAfter the sales contract is signed, the buyer and the seller need to go to the real estate transaction center to go through the property transfer procedures, including submitting relevant documents and filling in the transfer application form.
Delivery of the houseAfter the transfer of ownership is completed, the seller needs to deliver the house to the buyer in accordance with the contract.
The main cost of selling a home.
Brokerage feesIf you choose to sell your house through an agency, you usually need to pay an agency fee, which is generally 1%-3% of the total price of the house.
Assessment FeeIn some cases, a property needs to be appraised to determine its market value, and the appraisal fee is generally determined based on the value of the home and the fees charged by the appraisal agency.
Transfer Taxes: When the property is transferred, it is necessary to pay the transfer tax, including deed tax, personal income tax, etc. The exact amount of tax is determined based on the value of the home, how long the seller has held it, and local policies.
Other Fees: Including the cost of loan release, house maintenance**, etc.
Mr. Zhang plans to sell his own house** with a total value of 2 million yuan. He chose to sell his home through an agency and learned that the fees he had to pay were as follows:
Intermediary fee: paid at a rate of 2%, i.e. 2 million yuan x 2% = 40,000 yuan.
Appraisal fee: An appraisal agency is selected for appraisal, and the fee is 5,000 yuan.
Transfer tax: According to local policies, deed tax needs to be paid15%, personal income tax 1%, a total of 2 million yuan x (1.).5% +1%) = 50,000 yuan.
Other expenses: including 5,000 yuan for loan release, 5,000 yuan for house maintenance, etc.
In accordance with the Contract Law of the People's Republic of China, the Urban Real Estate Management Law of the People's Republic of China and other relevant laws and regulations:
The house sale contract shall specify the rights and obligations of both parties, including the basic situation of the house, the payment method, the delivery time, etc.
The transfer of property rights is an important part of the purchase and sale of houses, and the buyer and seller need to go through the relevant procedures in accordance with the legal procedures.
In the process of selling the house, the seller needs to pay relevant taxes and fees in accordance with the law, and must not evade taxes.