What’s the Real Cost to Sell a House in Spokane? Fees, Commissions & Net Proceeds
- Nick Briggs
- 3 days ago
- 4 min read
Thinking about selling your home in Spokane? Whether you're upsizing, downsizing, or relocating, understanding the full cost to sell a house in Spokane is essential to walk away with the best possible return. From agent commissions to closing costs and state excise taxes, there are several fees every seller should be aware of before listing. As a Spokane real estate agent, I’m writing this blog to help homeowners make informed decisions and get the most out of their sale.
What Is the “Cost to Sell a House in Spokane”?
When people ask about the cost to sell a house in Spokane, they’re usually referring to all the direct and indirect costs deducted from their home sale proceeds. These include:
Real estate agent commissions
Washington excise tax (REET)
Closing costs and title fees
Home repairs and staging expenses
Seller concessions
Remaining mortgage payoff
Each of these components adds up, so having a comprehensive understanding ensures you’re not caught off guard.
Typical Realtor Commissions in Spokane, WA
Real estate commissions are often the largest selling expense. In Spokane, the average total commission is around 5.33%, typically split between the listing agent (about 2.75%–3%) and the buyer’s agent (about 2.58%). Please keep in mind that there is technically no set commission, all commission is negotiable. This is just the average to help sellers calculate their net.
Example: If you sell a home for Spokane’s median price of $390,000, the estimated commission is:
$390,000 × 5.33% = $20,787
This fee covers listing, marketing, showings, negotiations, and closing support. While commissions are negotiable, experienced agents like myself deliver a return on investment by maximizing your final sale price.
Closing Costs & Other Fees Sellers Should Expect
In addition to commissions, sellers in Spokane pay between 2.5% and 3.6% of the sale price in closing costs. Here's a breakdown:
Washington Excise Tax (REET): 1.10% on the first $500,000
Title services & escrow: $1,200 – $1,300
Recording fees: ~$50
Prorated property taxes: Average effective tax rate ~0.78%
Seller concessions: Often negotiated, around 2%
Repairs/Staging/Prep: Ranges from $8,000 to $14,000 depending on home condition
These numbers add up quickly—making planning essential.
Estimating Your Net Proceeds When Selling in Spokane
To figure out your potential profit, subtract all selling costs and your remaining mortgage balance from the sale price.
Example Calculation:
Sale Price: $390,000
Commissions (5.33%): $20,787
Closing Costs (2.9%): ~$11,310
Prep & Repairs: ~$10,000
Remaining Mortgage: ~$250,000
Net Proceeds: $390,000 – $20,787 – $11,310 – $10,000 – $250,000 = ~$97,903
You can use tools like the Spokane REALTORS® seller proceeds calculator or contact me for a personalized estimate.
Strategies to Lower Your Cost to Sell a House in Spokane
Want to keep more of your proceeds? Consider these local strategies:
Negotiate Commissions: Especially if your home is market-ready and priced well
Limit Concessions: Strategize buyer incentives wisely
Flat-Fee MLS Options: Consider if you’re comfortable doing more on your own
Market Timing: Selling in peak season (May–June) can fetch better offers
Work With a Local Expert: A seasoned agent can reduce days on market and costly mistakes
Why Choose Me, Your Spokane Real Estate Agent
I bring insider knowledge of Spokane’s housing market, proven marketing tactics, and fierce negotiation skills to the table. My goal is to help you maximize your net proceeds while minimizing stress, costs, and time on the market.
From listing to closing, I’ll guide you every step of the way—ensuring your sale is strategic, streamlined, and profitable.
Conclusion
The cost to sell a house in Spokane typically falls between 8%–10% of the final sale price when factoring in commissions, closing costs, and prep. Knowing these figures upfront helps you plan confidently and sell smart.
If you’re considering selling your Spokane home, let’s talk—I’ll give you a personalized estimate and a custom plan to help you move forward profitably.
FAQs
What percentage do I pay in agent fees when selling in Spokane?
Typically, 5.33% of the sale price split between the listing and buyer’s agents. Keep in mind that agent commissions is negotiable, this is just the average amount seen in Spokane to help sellers budget.
Are realtor commissions negotiable?
Yes. As a seller, you can negotiate agent fees, especially in strong market conditions.
What is the Washington excise tax on home sales?
It’s 1.10% on the first $500,000 of your sale price, then it increases incrementally for higher amounts.
Can I estimate my proceeds before listing?
Yes! Use Spokane REALTORS®' seller net sheet tool or contact me for a personalized estimate.
About Me
My name is Nick Briggs
Being born and raised in Spokane I grew up knowing what a special place this city is, and it was my dream to help others create a life in this wonderful community by guiding them in real estate. I spent many years in the customer service industry, the experience of listening and communication showed me how much I truly loved helping people. I attended Gonzaga University and earned a Bachelor’s Degree in Business Administration to add to my knowledge of guiding, managing, negotiating, and listening to individuals, helping them achieve their real estate goals.
