Thinking about putting your house on the market? It’s an exciting move, but before you start daydreaming about your next chapter, let’s talk dollars and cents. Selling a home comes with a handful of costs that can sneak up on you if you’re not prepared. Here’s a breakdown of the common expenses to anticipate so you can budget like a pro and sidestep any surprises.1. Real Estate Agent CommissionsThe biggest chunk of change often goes to the real estate agents—and yes, that’s plural! Typically, commissions hover around 5-6% of the sale price, split between the buyer’s and seller’s agents. For a $1,000,000 home, that’s $50,000-$60,000 right off the top. Ouch, right? But a skilled agent can make that fee worth every penny by negotiating top dollar—sometimes even above market value—and securing favorable contract terms. Choosing an agent who can deliver that number is key to maximizing your return.2. Home Staging and PreparationFirst impressions matter, and buyers aren’t exactly swooning over cluttered countertops or chipped paint. Staging your home—think professional decluttering, a deep clean, or even renting sleek furniture—can cost anywhere from a few hundred bucks to several thousand, depending on how far you go. Minor repairs like fixing a leaky faucet or patching drywall might also dip into your wallet, but they’re crucial for sealing the deal.3. Closing CostsThe finish line comes with a fee, too. Sellers often need to hire a lawyer to discharge the mortgage and provide discharge documents, with fees typically ranging from $1,500-$2,000. That’s on top of other closing costs—like title insurance or transfer taxes.4. Repairs and ImprovementsBuyers love inspections, and they’re pros at spotting trouble—like that creaky floorboard you’ve ignored for years. If their report flags issues, you might need to foot the bill for repairs to keep the sale on track. Don’t want to play handyman? Offering a repair credit instead is a popular workaround. Either way, factor this into your planning.5. Mortgage Payoff and PenaltiesGot a mortgage? You’ll need to pay it off at closing, and that’s not always as simple as it sounds. Some lenders tack on early repayment penalties, especially if you’re exiting the loan before its term is up. Double-check your mortgage fine print to avoid a nasty surprise.6. Capital Gains TaxesIf your home’s been your primary digs, you’re likely in the clear here (lucky you!). But if it’s an investment property—like a rental or vacation home—capital gains taxes could take a bite out of your profit. In Canada, for example, 50% of your capital gains are taxable. A $100,000 profit? That’s $50,000 added to your taxable income. Chat with a tax pro to see how this applies to you.7. Utilities and Property TaxesEven after you hand over the keys, you might owe a little more. Sellers often cover prorated property taxes and utilities up to the closing date. It’s not a huge hit, but it’s one more thing to tally up as you prep your budget.The Bottom LineSelling a home isn’t just about cashing in—it’s about knowing what you’ll cash out, too.By understanding these costs upfront, you can price your home strategically, negotiate with confidence, and walk away with a clearer picture of your net proceeds. Ready to make your move? A little planning now can save you a lot of headaches later. Happy selling!

SELLING YOUR HOME?

Exceptional Results Speak for ThemselvesWhen it comes to selling your property, working with Monika Anna Kamycki delivers a clear advantage. Our listings consistently outperform the market:<ul>
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Faster Sales: Properties listed by Monika sell an average of 18 days faster than the market average for the selected criteria—56.85% quicker—meaning less time waiting and more time moving forward.</li>
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Higher Returns: Our listings achieve an average Sold/Asked Ratio that’s 8.0% higher than the market average, translating to an impressive $93,837 more per property sold.</li>
</ul> We’re also proud to rank among Mississauga’s Top 1% of agents, a testament to our dedication, expertise, and outstanding results. When you choose us, you’re choosing a team committed to maximizing your success. Let’s make your real estate goals a reality—contact us today!

WHY PARTNER WITH US?

Home staging has really become a popular step for many sellers, and it's easy to see why! In fact, a whopping 81% of buyer's agents believe that staging helps prospective buyers picture the property as their future home. Plus, homes that are staged typically sell faster and for better prices than those that aren't.  The best staging companies work their magic to enhance a property without it feeling overdone. A quality staging job looks beautiful while keeping everything genuine. The goal isn’t to trick buyers or make them think a home’s flaws are hidden – it’s all about showcasing the space in the best light! Staging is super practical too. It helps others visualize how each area can be used. By bringing in furniture and decor, staging companies can show off how to make the most of awkward spaces, what furniture fits well where, and the best layout for a room. So, how does home staging really work? It’s not just about filling your home with fancy furniture; it’s a thoughtful marketing strategy designed to elevate your real estate game. Staging can be especially helpful if you’re looking to achieve any of these goals: - Making your home look clean and organized- Creating an illusion of bigger rooms- Bringing a warm and welcoming feel to your space- Maximizing the use of every corner for added functionality- Modernizing your home with fresh, stylish furnishings- Depersonalizing the space so buyers can envision themselves living there The benefits of staging are numerous, and sellers often choose to stage their homes for some fantastic reasons. One major advantage is that staging helps potential buyers picture their lives in the home. Instead of walking into an empty space, they can see a beautifully decorated dining room or a cozy bedroom, making it much easier for them to envision themselves living there. If you have any questions about staging your home before it goes on the market, we are available anytime for a chat.

BENEFITS OF STAGING

MEET THE KAMYCKI GROUP REAL ESTATE

Prepare to dive into the exceptional world of The Kamycki Group, where unmatched real estate expertise drives outstanding success! With over 50 years of combined experience and millions in sales, this remarkable team is your definitive resource in the dynamic Greater Toronto Area. By partnering with The Kamycki Group, you gain exclusive access to top-tier, customized services backed by a profound understanding of local markets, including Toronto, Mississauga, Oakville, Burlington, Hamilton, and surrounding areas.

At the helm is the unstoppable Monika Kamycki, a top producer celebrated by leading brokerages for her extraordinary achievements. In 2022, Monika soared to new heights, earning the prestigious MVP Award from Kathleen Black Coaching, a testament to her phenomenal growth and performance in her inaugural coaching year. As a proud member of the elite “Ninja Selling Real Estate Group,” she ranks among the top 5% of agents. Her affiliation with the Luxury Properties Guild underscores her exceptional marketing prowess and strategic expertise.

In a remarkable 2024, The Kamycki Group set a new standard by selling homes at an astonishing 104% of the asking price, completing transactions 50% faster than the average agent in the area!

Excellence and integrity are the cornerstones of The Kamycki Group, with client satisfaction as their top priority. They harness cutting-edge marketing technology to develop compelling listing strategies that captivate potential buyers, both online and in-person. With prompt and transparent communication, you’ll always be fully informed!

Whether you're seeking your dream home or aiming to sell for maximum value, The Kamycki Group is your ultimate partner in this exhilarating real estate journey. Their steadfast commitment to excellence has established them as one of the most trusted teams in the region and beyond. Get ready to embark on an exciting adventure with The Kamycki Group, where your real estate dreams become a remarkable reality!
