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Buyer’s Agent Fee: $12,075–$14,490

In the past, sellers covered the fees for listed agents and buyer agents. However, after a landmark court settlement by the National Association of Real Estate Brokers, it is now expected that the buyer will make compensation directly with his own agents. If you are paying this to attract buyers, you can expect to pay $12,075-$14,490 in a New Hampshire home priced at $483,000.

Detailed closure fee: $15,456

The New Hampshire average is about 3.2% of home sales prices, which is about 2% above the national average. In a home with a median price of $483,000, you might pay $15,456. Here are some typical types of settlement cost you can expect:

  • Family preparation: Avoiding curb calls for homes, such as indoor house cleaning, landscaping or home stages, can attract buyers.
  • Renovation/Repair: Repair or update your property to stay synced with buyer demand and market conditions.
  • Ownership service fee: Verify legal ownership and help manage the ownership company required for property transfer.
  • Owner’s ownership insurance: The one-time insurance premium paid by the seller protects the buyer from ownership issues or ownership disputes.
  • Transfer Tax: New Hampshire home sellers pay a transfer tax rate of $0.75 per $100 for every $100 worth. This is shared between buyers and sellers, with a total rate of $1.50 per $100. (See more below.)
  • Recording fee: Fees paid to local governments formally record changes in property ownership.
  • Buyer incentives: You may offer credit or offers to buyers, such as paying the buyer’s agent fees or offering a rate to buy.
  • Other fees: Miscellaneous fees not covered by other categories, such as attorney fees and HOA transfers. (A lawyer is required to sell homes in New Hampshire.)
  • Mobile fees: While not technically closing costs, you should include this fee in your budget, which costs from $883 to $7,000.

In New Hampshire, the transfer tax rate is $0.75 per $100 in total price or a tax rate of $0.75 for property turnover. If the sale price of the property involved is less than $4,000, the purchaser and seller will be charged a minimum tax of $20.

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