How Much Will I Walk Away with When I Sell My Home in Falcon, Colorado | Peyton, Colorado?

How Much Will I Walk Away With When I Sell My Home 

Falcon, Colorado | Peyton. Colorado | Colorado Springs & Surrounding Communities

What you walk away with depends on your sale price, mortgage payoff, other liens, and selling expenses. A seller’s estimated net proceeds sheet brings those numbers together so you can see your projected bottom line.

“How much can we sell my home for?” is often the first question homeowners ask me. I understand why. But I also want us to answer another question: “What will you have left when the sale is complete?”

I’m Reatha Butler, a real estate broker with Realty ONE Group Premier, serving homeowners in Meridian Ranch and Peyton. I help sellers connect pricing, preparation, and estimated proceeds so they can make informed decisions before their home goes on the market.

How do we estimate what you’ll walk away with?

I start with a professional walkthrough of your property. I want to understand its condition, what may need attention, and how it would compete with other homes buyers are considering.

Then we look at market information. Historical sales help us understand what buyers have paid. I also use current market reports to assess the competition and how the market is trending.

From there, we establish an estimated selling-price range and prepare a seller’s estimated net proceeds sheet.

Depending on your property and plans, that estimate includes:

• Mortgage payoff and other liens.
• Estimated title costs.
• My negotiated listing compensation.
• Any proposed seller contribution toward buyer-broker compensation.
• An allowance for possible seller concessions.
• A separate allowance for repairs and unexpected expenses.
• A home warranty, if you plan to provide one.

We also discuss any personal debts you want to pay from your proceeds. I identify those separately so you can see both your estimated sale proceeds and what you would have left after those planned payments.

The net sheet is both a planning and a negotiation tool. It helps us respond to offers and inspection requests, make informed decisions, and work to protect your bottom line. Payoffs, costs, and transaction terms still need to be confirmed as the sale moves forward.

Why plan for concessions and repairs before an offer arrives?

I want us to discuss possible expenses early.

For seller concessions, I look at what I’m seeing in the market and build an allowance into the estimate. That could include a possible request for help with buyer closing costs or a rate buydown.

Separately, I include what I sometimes call a “petty cash fund.” On the estimate, this is an allowance for possible repairs or unexpected expenses. It isn’t money deposited into a separate account.

I’m not a home inspector. But my walkthrough and experience help me discuss items that may deserve a planning allowance. An inspection can still uncover something we didn’t anticipate.

Accounting for these possibilities gives us a more conservative starting point. You can consider your selling plans with those potential costs already in view.

How do we use the net sheet when an offer arrives?

Before we review an offer together, I prepare an updated estimated net sheet using its proposed terms.

We compare it with the original estimate, line by line.

For example, I’ve worked through situations where we planned for $10,000 in seller concessions and an offer requested $7,500. Because we had already discussed the allowance, the seller could see how the request fit within the original estimate.

Those figures illustrate the planning process. The allowance for your property depends on the circumstances we’re considering.

We review proposed compensation contributions the same way. An amount used for planning doesn’t commit you to accepting a particular request.

The question becomes: “With these terms, where does your estimated bottom line stand?”

You can then evaluate whether to accept, counter, or decline with a clearer understanding of the financial effect.

What happens if the buyer requests repairs?

We revisit the numbers when inspection requests arrive.

In one situation, a buyer requested radon mitigation, with an estimated expense of about $2,000. We had already included a larger repair allowance in the seller’s estimate. Reviewing those figures helped the seller understand how addressing the request would affect their projected proceeds.

That doesn’t mean every expense will fit within an allowance. A larger issue may require a fresh estimate and further negotiation.

It also matters when money must be paid. An allowance on a net sheet doesn’t provide cash for work that needs payment before closing. We discuss that timing as part of your decision and our negotiations with the buyer’s side.

My goal is to help you respond with information already in front of you and keep your financial priorities part of the conversation.

Common questions about estimated net proceeds

Is my estimated net sheet a guarantee?

No. It reflects the information and assumptions available when we prepare it. We update it as terms, payoffs, and expenses become clearer.

Are seller concessions and repair allowances the same thing?

In my planning process, they’re separate. One accounts for possible concessions requested in an offer. The other accounts for potential repairs or unexpected expenses.

Can we include debt I want to pay off after selling?

Yes. We can show your planned personal debt payments separately so you understand what may remain after those payments.

Let’s look at your property and your selling plans

Contact me to discuss your selling plans. We’ll begin with a professional walkthrough, look at how your property would compete, and discuss a list price informed by current market conditions and trends.

Then we can prepare an estimated net proceeds sheet that considers what you owe, potential selling expenses, and the other financial goals you want included.

Whether you’re ready to move forward or still deciding whether the timing works for you, I’m here to help you understand your options.

Reatha Butler | Realty ONE Group Premier
Serving Falcon, Colorado | Peyton, Colorado | Colorado Springs & Surrounding Communities
719-200-6940
reatha@reathabutler.com
www.reathabutler.com

Real Estate Confidently.