25 min read May 24, 2022

Selling A House In Oregon: Here’s What You NEED to Know

✍️ Editor’s Note: Houzeo is America’s most advanced home selling website. Houzeo covers all major Oregon MLS’ to give you maximum exposure for the lowest flat fee when selling your house in Oregon

» SAVE: AMERICANS HAVE LISTED $3.5 BILLION WORTH OF PROPERTIES ON HOUZEO.COM IN 2021.
Selling A House In Oregon

Home values in The Beaver State have increased by 19.7% from February 2021 to March 2022. Real estate commissions have also hit new highs.

The housing market in Oregon is competitive. This guide summarizes key steps to selling your home in Oregon.

» Jump To

1. Best Time To Sell A House In Oregon

Selling your house at the right time can fetch you the best possible price. Summers and are considered to be the ideal time to sell your house in Oregon. It looks like June would be the best time to sell a house in Portland. This could fetch you up to 4.29% more than the yearly average!

2. Price Your Home Competitively

As a seller, pricing your property right is important. It is also important to keep in mind that the price you list your home at determines the popularity of your listing and brings in foot traffic whereas the list price itself doesn’t determine what your sale price should be. List price and sale price are two different terms.

REMEMBER! The purpose of the LIST PRICE is to ATTRACT BUYERS to your listing. Your LIST PRICE is not your SALE PRICE!!!

What happens if you underprice or over-price your listing?

If you price it too lowIt is most likely that you will get multiple offers and competitive prices. You’ll likely go for “Highest & Best Offer” or counter the best offers to finalize the sale price with the buyer. And you will sell at market price
If you price it too highYou will get little traffic. It’ll make you drop the price, and you will sell at the market price

Real estate agents create what’s called a Comparative Market Analysis (CMA) to determine what’s an ideal listing price for a property. If you are opting for “for sale by owner” (FSBO) then you can easily create your CMA with Zillow and Redfin and understand how selling a house in Oregon or any other state works.

» More: How to Price Your Home For Sale in 6 Steps

3. Options For Selling Your House In Oregon

You have various pathways when it comes to selling your home in selling a house in Oregon. Selecting the right one at the right time can help you save thousands of dollars.

Option 1: Sell Your Home For Sale By Owner

One way to bypass the hefty REALTOR commissions in the state of Oregon is to sell your house For Sale By Owner (FSBO). It is a DIY approach with no listing agent involved. Sellers have maximum control over the entire process but have to handle all the paperwork with no oversight.

The idea of selling your home in Oregon FSBO has its drawbacks. Though you save up on the commission money, you will have to handle everything – listing, marketing, negotiations, closings, disclosures, etc. – on your own.

🚩 Key Downsides of Selling Your Home FSBO:

  • No MLS Exposure: MLS is the most important agent tool. It helps in maximizing the exposure. Selling FSBO means limited exposure, so there will be less competition for your property which will eventually reduce the selling price. One study found that homes on the MLS sold for 17% more than homes, not on the MLS.
  • No Help If You Need It: If you need help with paperwork, inspections, negotiations, or closing, you’re on your own as an FSBO.

Option 2: List With A Traditional Full-Service Agent

You can always hire a full-service agent to help you sell your home. From listing to closing, the agent will help you in the process. But of course, you’ll be paying a full 2.5-3% buyer agent commission. And even if you find an unrepresented buyer, you’re still on the hook for the full commission.

🚩 Key Downsides of Listing With a Traditional Full-Service Agent:

  • Hefty Commissions Will Cost You Thousands: REALTOR commissions in Oregon are 5.19% to 6%. That’s thousands of dollars of fees in commissions.
  • Limited Control Over Your Sale: Everything will go through an agent. That reduces the risk that you will do something wrong, but will also limit the control over your transaction. For almost everything, including if a counteroffer was submitted, the status of your closing, and how many showings you’ve had, you’ll have to reach out to your agent. The agent is involved in every step.
  • Slow & Manual Process: Agents do things manually. A simple price change is several steps – the agent has to talk to you over the phone, create a price amendment, get you to sign it, then they sign it, and only then can they update the price on the MLS thus making the process very slow.

Best Option: For Sale By Owner with a Flat Fee MLS Listing

On a $3,75,000 average property price in Oregon, the average Realtor commission would be $19,462. This amount is calculated on the average price of homes in Oregon. Listing with a high-tech website like Houzeo.com saves you the listing agent commission. In addition, it gets you maximum exposure to the MLS and helps whenever you need it.

A Flat Fee MLS Listing Service Combines the Best of Both Worlds:

  • Save Thousands in Commission: Instead of paying a 5% to 6% listing agent commission, you just pay a $349 onwards listing fee.
  • Maximum Exposure: You get full exposure to the MLS, Zillow, REALTOR.com, Redfin, and hundreds of other websites.
  • Help When You Need It: Services like Houzeo.com offer the “Contract to Close Coaching Package”. So if you need help during the transaction at any time, a licensed broker is there to help you sell!
  • Full Control Over Your Sale: You retain full control over when to sell and who to sell. Houzeo captures all leads and displays them on your dashboard. All offers and showings are summarized online, along with the buyer’s or their agent’s contact info. It doesn’t get easier.
  • Fast Listing & Changes: Houzeo is 100% online, and allows you to request changes instantly. Contracts are auto-generated, and turn-around times are fast!
  • A-la-carte Options: Need a yard sign, ShowingTime, lockbox? You can purchase them easily from your Houzeo dashboard!

Best Flat Fee MLS Listing Company In Oregon

🔥 BEST FLAT FEE MLS LISTING SERVICE

Houzeo.com

logo image
  • Listing Fee: $349 onwards
  • Available nationwide
  • 5 Stars 5/5

Houzeo provides an unbeatable combination of maximum savings, cutting-edge technology, and 5-star customer support.

💰 Save Thousands on Commission: Houzeo’s plans are typically a small flat fee. This will save you thousands. If your buyer is unrepresented, you save the buyer agent commission as well.

📣 Maximum Exposure: Listings get syndicated to the MLS, Zillow, Realtor.com, Redfin, Trulia, and hundreds of other websites. Houzeo also has nifty social media sharing tools. No other platform gives you this much exposure.

Fast Listing & Changes: Houzeo is 100% online. Listing is easy and changes are fast. So you can focus on what is most important – your sale.

⭐ 5-Star Customer Support: Home sellers across America have rated Houzeo 4.9 out of 5 stars on major review sites like Google and Trustpilot. There is comfort in the fact that when you call, there is a live person picking up the phone on the other line.

📱 Cutting-edge Technology: Houzeo is the most powerful real estate website. Its advanced features include:

  • IntelliList Listing Management System: Lets you manage your listing 100% online.
  • Houzeo Showings: Manage showing appointments online.
  • Houzeo Offers: All offers are summarized online. You can view and compare offers, or counter an offer. In a multiple-offer situation, you can also call for highest and best offers.
  • Buyer Search: Buyers can contact you directly on Houzeo.com instead of going through a real estate agent.
  • Houzeo Settlement Agent Platform: Guides you to your closing.

No other low cost real estate listing website comes close to offering such features.

👉 Our Take: Houzeo.com is our top pick because it delivers an unbeatable combination of savings, tech features, and service of any flat fee MLS listing service website we’ve reviewed.

»SAVE: Start your free listing on Houzeo.com today!

  • Nationwide coverage
  • Listings get syndicated to Zillow, Realtor.com, Trulia, Redfin, and 100s of other sites
  • Quick listing (within a day with concierge)
  • Savings on commissions
  • 100% online – easy listing, fast changes, online showings, and online offers
  • Mobile app availability

Houzeo has a 4.9 out of 5 rating on Google & Trustpilot.

Houzeo is available nationwide.

» More: 7 Best Flat Fee MLS Companies In Oregon

Option 3: Other Discount Real Estate Brokers

Apart from Flat Fee MLS Listing Companies, there are three other types of discount real estate brokers you can choose from.

Flat Rate Brokers

A Flat Rate is a fixed amount the seller pays the broker. The majority of flat rate brokers are full-service brokers. They handle everything from listing to closing. These fees are fixed and do not vary as per your home’s services or the selling price.

A flat rate is perfect for homes priced on the higher end. Let’s say your house is valued at $450,000 and you pick a flat-rate pricing model of a $3500 listing fee. If you opt for the traditional agent route, you would have to pay a REALTOR commission of around $27,000. 

You will be liable for concessions, escrow costs, and warranties in addition to the buyer agent commission. 

Our Top Pick For Flat Rate Brokers

*We could not find any other reputable flat rate Realtor in Ohio.

Low Commission Real Estate Agents

Low commission REALTORs or agents are discount brokers who work on a lower commission rather than the traditional 5.5-6% commission.

With the rise of the flat fee model and commission-based models, real estate commissions have been falling gradually. This makes low commission discount brokers more relevant to sellers nationwide.

Some of them, for example, provide full-service packages for 1 or 2 percent brokerage. This covers everything from listing to closing.

Our Top Pick For Low Commission Company

OUR TOP PICK FOR LOW COMMISSION REALTORS

Redfin

Redfin
  • Listing Fee: 1.5% of sale price
  • 4 Stars4 Stars 4/5

Redfin is one of the best low commission real estate companies out there. 

Save on commission fees: When you opt for Redfin over a traditional home-selling method, you can save up to 20% – 30% on the commission fees. Though, trying to provide their service 3x faster than the traditional method could limit their ability to provide you with personalized service.

 Additional services: The discount realtor has a thorough listing agreement but it takes approximately 18 days to get a property listed on the MLS. With Redfin, you get add-on services like a professional photographer, MLS listing, open house schedule, yard sign, and much more. 

Good technology: It has one of the best technology among different discount real estate brokers. They have a powerful platform that is ideal for full-service brokerage. Redfin houses a fantastic user interface for sellers to make their job easier.

🔍 Explore more: Redfin Reviews: The Reality of 1% Fees, Pros & Alternatives

  • Strong technology
  • Thorough listing agreement
  • Detailed paperwork
  • Holisitic services
  • Rebate of 0.5% (in case of Full Service plan) if you buy and sell with them
  • Cash offer feature available
  • Full-service brokerage
  • Slow listing process
  • Average customer service
  • Limited agent selection

Redfin has an average rating of 3.9 out of 5 on Consumer Affairs.

Redfin has a reach in 80+ Markets giving a nationwide coverage.

Virtual Full-Service Brokers

A virtual full-service broker does everything a traditional broker would do i.e. listing, marketing, pricing, negotiating, etc. The only difference is that a virtual full-service broker would do all of these online i.e. virtually.

Because of their cloud-based presence, they have many advantages. Such as lesser fees, discounted commissions, and much better management and marketing support. Many MLS listing companies like Houzeo, also provide full-service options that are 100% online.

Our Top Pick For Virtual Full-Service Brokers

Houzeo is the best virtual full-service provider in Oregon that offers the following services to home sellers:

  • Schedule Online showings through Houzeo Showings
  • Mobile Application
  • Fast changes to your MLS listing
  • Listing syndicates to hundreds of other real estate websites, and a lot more

*We could not find any other reputable virtual full-service company in Oregon.

👉 Explore: Houzeo Reviews: Home Selling made easier with Houzeo.com!

What If I Want To Sell My House Fast In Oregon?

A seller may desire to sell his or her home quickly in Oregon or any other state for a variety of reasons. Here’s what you can do in such cases:

Sell Your House As IsSelling a house as-is in Oregon can help you save hundreds of dollars by bypassing the repairs. This also ensures that your house is sold fast.

Selling a house as is can be done via a real estate wholesaler as well. A wholesaler is an investor who buys your house in the existing condition and sells it for a higher profit.

» More: Selling A Home As Is: A Step-By-Step Guide For Sellers
Sell Your House For CashIf you want to sell your house fast in Oregon then selling them to cash companies can be a very good option. They can offer you cash right away and ensure your house is sold quickly. There are various types of cash companies that can ensure that the deal is closed instantly.

» More: Reviews of 13 Best Cash Companies
Offer Your House To A FlipperFlippers in real estate are buyers that buy a property in its existing condition, repair it, and sell it at a higher price. Selling your house to a flipper will help you save time and dollars.

» More: How to Flip a House: An Introductory Guide For Beginners
    ✍️ Pro Tip: Consider selling your Oregon home to an iBuyer

    iBuyers are companies that will buy your home for cash outright. They use technology to make an instant offer. This gives them an edge over the traditional cash companies. The price is decided with the help of their proprietary algorithm, recent real estate data, and their in-house experts. An iBuyer can offer and close the deal within 24 hours.

    » Explore: iBuyers Reviews: Selling Your House for Cash in 2022

4. Prepare and Market Your House For Sale in Oregon

A clean and well-presented home combined with the correct marketing strategy can help you attract a large number of buyers.

Get My House Ready

If you’re thinking about selling your property without the help of a REALTOR in Oregon or another state, there are a few things you should keep in mind. Here is what you need to do:

Declutter & DepersonalizeMake sure you eliminate anything that may bring a feeling of customization from your perspective i.e. you need to make the buyers imagine as if it is their home. This means removing your personal belongings, etc. before the showing.
Make RepairsIf your home requires any necessary repairs, make sure it is done before you start the process of selling.
Repaint NeutralYou can attract a higher number of customers when you paint your home with neutral colors.
Improve Curb AppealGo for clear landscape, fresh flowers, or exquisite paintings because the first impression is everything!
Implement stagingHire a professional who can help you with setting up your home like arranging furniture to make the home look spacious and tidy.
Update Heating and Cooling SystemsAlways remember to make repairs to both the heating as well as cooling systems in your house.

Ways To Market My Home in Oregon

Almost 95% of home buyers search and review homes online. So, being online is the #1 priority for the sellers. A good online marketing strategy can make a difference in getting your house sold.

Here’s what you need to do if you are in for selling a house in Oregonor any other state:

#Marketing TacticsDescription
1.List on the MLSHomes listed on the MLS sell faster and for 17% more. This does not imply that you must engage a listing agent and pay an additional commission. You may gain MLS access by working with inexpensive real estate brokers. Listing your house in Oregon with a Flat Fee MLS company like Houzeo might be a great alternative.

Houzeo will help you save the hefty REALTOR commission and get your property maximum exposure. All of this, just for a small flat fee!

✍️ Pro Tip: Research the best For Sale By Owner websites to sell your house FSBO
2.Get a Yard SignWhen it comes to selling your house in Oregon, a yard sign might be a worthwhile investment. It may assist in recruiting local purchasers. An appealing yard sign on a congested street might catch potential buyers’ attention.

Houzeo’s yard sign can help you in this. Houzeo custom yard sign comes FREE with a selfie and it is available for $49 only!

✍️ Pro Tip: If you secure a buyer from a yard sign, chances are you’ll save on the buyer agent commission as well. In a nutshell, it is worth the $49 investment.

» More: The Importance Of FSBO Yard Signs
3.Share Your Listing on Social MediaUse social media to promote your property listing. Apart from the listing details, this will include your contact information. If you put your home on Zillow or Redfin, all of the leads it produces will be sold to buyer agents, who will want a competitive commission. On the other side, Houzeo does not sell your data or leads. Because all buyer leads see your contact information, you may be able to avoid paying a buyer agency commission.

✍️ Pro Tip: If you secure a buyer from social sharing, chances are you’ll save on the buyer agent commission as well.
4Hire a professional photographerAs a seller, you can hire a professional photographer to create a portfolio of your house. Professional pictures can greatly impact the selling process by attracting more buyers.

✍️ Pro Tip: Professional photographer can collate a portfolio that otherwise may not be possible if you are taking up the job.

» More: Create Your Best Listing Photos
5Run adsWhen selling your home in Oregon, running ads on print and social media can help you attract more buyers.

✍️ Pro Tip: Try to cover as many social media channels as possible to initiate ads for your listing.

With Houzeo, you can market your property to a large audience as it gets listed on the MLS and other real estate websites.

» More: Creative Ways To Market Your House For Sale

5. Manage Showings And Negotiations

After you’ve prepped your Oregon home for sale, the following step is to show it to potential buyers.

How To Manage Showings When Selling A Home In Oregon?

Once your property is ready for showings, it is critical to managing the showings effectively. You can either opt for online showing tools or host an open house.

Online Showing Tools

Online showing tools provide home buyers and their agents with a frictionless way to request and schedule showings according to top their availability.

Houzeo Showings, a cutting-edge solution by Houzeo, helps buyers and buyer agents choose a particular showing slot as stated by the seller. The tool also provides features like rescheduling, updating, canceling, requesting, and more.

🗓️ Houzeo Showings has all the required features and is available on the Houzeo mobile app!

Hosting Open Houses

If your home is in a hot seller’s market, such as Lower Fairfield County or Stamford, it will attract more buyers. In such cases hosting an open house would be more feasible.

When hosting an open house in Oregon, here are a few things to keep in mind::

Ensure Your House Is ReadyBuyers are unlikely to be interested in a home with a leaking roof or broken doorknobs. As a result, make sure you’ve corrected all the flaws and completed all the essential repairs ahead of time.
Choose A Correct TimeOn weekdays, everyone is busy. As a result, having an open house on the weekends, ideally on a Sunday, is ideal. You should also consider natural lighting, as afternoons are the best time to show off your house.
Post Open House OnlineAs per the National Association of REALTOR, 93% of buyers rely on the internet for their home searches. Thus, posting online will make potential buyers aware of the open house. You can also list your open house on the local MLS, real estate websites like Zillow & Trulia, Facebook, etc.
Give Visitors Their SpaceYou might wish to avoid your presence in the property during the open house. This would provide them with the necessary area to explore at their leisure. It will also assist them in seeing their future in the house.
Get Your Neighbors InvolvedYou can invite your neighbors to the open house. Even if they may not be interested in purchasing your Oregon home, they would help to spread the word.

How To Negotiate Offers When I Want To Sell My Home In Oregon?

Counteroffers and requesting the highest & the best offer are the two tools of negotiations when selling a house in Oregon or any other state.

Most brokers or brokerage companies will give you complex forms to counter an offer, or to request the highest & best one. Houzeo has digitized these, so, you can counter or ask for the highest & best with just a few clicks!

#Advanced TacticWhen to UseHow to Use
1.Counter an OfferSingle or Multiple Offer SituationYour best offer is not just the highest one but is also competitive across several parameters: deposit, financing, inspection contingency, closing timeline, etc.

When you want to counter an offer, you can request any of the mentioned parameters updated as per your preferences.

▶️ Learn more: How to counter an offer on Houzeo
2.Request Highest & Best OffersMultiple Offer SituationIf you have multiple offers and a timeline by which you’d like to pick an offer, you can call for Highest & Best offer from all the interested parties.

▶️ Learn more: How to request Highest & Best offer on Houzeo

Also, negotiating offers means focusing on other factors like contingencies, concessions, responsibility, and more.

6. Documents Needed For Selling A Home In Oregon

A lot of paperwork is needed to sell a home in Oregon. Though your REALTOR takes care of all the paperwork on your behalf, you need to be aware of all the requirements.

Disclosures For Selling A Home In Oregon

You need to have the following disclosures when selling a home in Oregon:

Oregon residential purchase agreementA Oregon seller disclosure form which is a checklist of the condition of the property, also contains information about the legal owners of the property, their address, safety information, and utilities.
Lead Paint DisclosureSpecifically for homes that were built before 1978. Federal law requires the seller to disclose any dangers related to lead-based paint.

Mandatory Documents For Oregon Real Estate Transactions

Review these documents in brief and understand their provisions. Here are some of the key documents you’ll likely need when selling a house in Oregon:

The DeedThis document enables the legal transfer of title from the seller to the buyer. Read this document carefully, verifying all details including the legal description of the property, the deed book, the deed book page, and the Property Identification Number (PIN), if any.
Statement of Closing CostsThis statement summarizes all the expenses involved in the transaction. This is prepared during the closing process by an attorney or the title company.
Title affidavitA notarized document that verifies that a seller is the owner of the house, there are no liens, and there is no simultaneous purchase deal.
Oregon residential purchase agreementThis document contains various information such as purchase amount, earnest money, inspection procedures, etc. It signifies the complexities involved in the overall transaction.
Bill of saleA sale receipt that includes seller and buyer’s information plus any other information relating to the sale.

Possible Additional Documents

The below table showcases some more documents that may require in selling your home in Oregon:

Information on Loan PayoffIt is applicable only if you have a mortgage on your home. This document states the mortgage amount that has been paid and the mortgage amount due. A document that is required, even if you have paid the mortgage amount completely.
HOA formsIf the house is part of an HOA, the seller needs to give the buyer all the documentation on restrictions, fees, financials, and more.
Survey papersThe documentation defines the location and the dimensions of the property. This is important while selling a house without a REALTOR in Oregon as well.
Home inspectionContains all the details about the inspection of the property.
Repairing proofWhile selling a home in Oregon, if the seller has made repairs to the property before the sale, they need to furnish the relevant documentation.
Home warrantyContains coverage of the property, time span, and cost.
Power of attorneyIf the property is inherited, then the seller needs to furnish the details of the history and how the property was passed onto him/her.
Closing disclosureIt proves that the seller agreed to buyer concessions. The disclosure is provided to the lender.
Correction Statement In any case, if the documents are lost/misplaced or some other defect occurs then the correction statement obliges the buyer, seller, or lender to fix the documents.
Additional AffidavitsWhile closing in Oregon, you may need additional affidavits like a name affidavit or an affidavit stating that you are not a foreign citizen. This will help you skip certain property taxes.

Bring TWO Forms of Official ID

There will be most likely a licensed notary involved in the closing process who’ll require you to swear on your identity. During the process, you will be required to provide identification proof (such as a passport, driver’s license, or any other authorized document). However, you may be required to provide supplementary identity evidence throughout the closing process.

7. Closing On Your Oregon Home

In Oregon, the closing process is conducted by either a title firm or an attorney. Your REALTOR and settlement agents usually handle the legalities.

Take Care of Title, Appraisal, And Inspection

TitleA buyer or a lender may be protected by a title insurance policy. The owner’s policy protects the buyer whereas the lender’s policy protects the lender.
AppraisalA money/mortgage lender typically goes for a home appraisal to identify what is the appropriate value of a particular property. Based on the outcome by licensed appraisal agents, the lender decides the amount that should be part of the mortgage.

This is crucial while selling a house with or without a REALTOR in Oregon (or any other state) as it keeps the buyer protected from unwanted sale prices. It’s hard to say for sure how much an appraisal will cost as it depends on where you are located and the characteristics of the property.
InspectionInspection is also part of the process where licensed individuals scan the property for any issues. If there are defects, re-negotiations might take place between the seller and the buyer. The inspection includes everything from property worth, neighborhood, parking space, and more.

Overall Cost Of Selling A House In Oregon

It should be noted that REALTOR commission and sale price are not the only two things that are involved from the perspective of real estate transactions. In Oregon, there are multiple fees involved while selling a house that should be known to a seller which is crucial for a sale. Here’s a list to get you acquainted:

The list will also help the seller in getting an answer to the question – How much will my house cost in Oregon?

Transfer TaxBuyers and sellers do not have to pay transfer tax except it is only applicable in Washington County. The seller of the property is responsible to pay taxes.
Capital Gains OregonYou are required to pay a tax on the capital gain of the property. A capital gain is a difference between the amount for was bought and the amount for which the property is sold. Capital gains tax is a combination of federal, state & local tax.
Title InsuranceTitle insurance in Oregon protects both parties that are the buyer and the seller if an important chain of title ownership is missed by the Title agent/company which could cause issues later. This is optional for the seller whereas the buyer also opts for title insurance.
Home WarrantyA seller may go for a home warranty if some components of the home (water heater, air conditioner, fans, etc.) require attention. This will benefit buyers in case a component of the home breaks down later.
Appraisal FeesAn appraiser is hired to determine the actual price of the property. The cost of the appraisal process depends on various factors such as property type, size, and location. It is usually paid by the buyer.

In Oregon, home appraisal cost is between $400 and $525.
Inspection FeesThe rates of general home inspection in Oregon varies according to the area of the house. Apart from this, various other inspections such as pest inspection, pool inspection, roof inspection, etc. are carried out.
Survey FeesThe survey property fees vary from place to place, whereas in Portland, it ranges between $109 – $3,282
Attorney FeesThe real estate attorney is in charge to prepare the deed and deliver to the new homeowner, the fee may cost $150 to $500 depending on the level of service or the attorney’s experience. And usually, it also varies entirely on the amount of work and what type of home is being sold.
Other CostsOther fees could include Credit reports, Condominium Fees, Recording Fees ($281-$1405), Cleaning Service, Carpet Cleaning, and other Home Improvement Fees.

Who Pays Closing Costs In Oregon?

Various closing costs are involved when selling a house in Oregon. Most of them are customarily paid by sellers whereas a few of them can be negotiated or paid by the buyer.

Closing CostsSeller/Buyer Responsibility
Agent CommissionSeller pays the real estate commission in Oregon
Escrow FeesSeller and the buyer divide equally escrow fees.
Title InsuranceSeller pays for title insurance in Oregon
Survey FeesNegotiable between buyer and the seller
Home Warranty FeeSellers pay the home warranty fee
Home Inspection FeeBuyers pay the home inspection fee
Appraisal FeeUsually paid by the buyer

How Much Are Closing Costs In Oregon?

The amount of money you will spend on closings while selling your home in Oregon depends on a lot of factors such as REALTOR commissions, fees & taxes, mortgage payoff, etc.

Sellers can calculate their closing costs using Houzeo’s Advanced Closing Cost Calculator for Oregon. The calculations are based on the latest home prices in Oregon and it gives you a very detailed estimate of all the costs involved in the transaction.

» More: Still wondering how to sell a house by an owner in Oregon? List it on MLS FSBO

Final Word

Selling a house in Oregon can be a little complicated, thus usually requires sellers to hire a REALTOR. But due to the hefty REALTOR’s commission, sellers are moving away from the traditional full-service pathway and trying to sell the property by themselves to save thousands on dollars spent on commission.

Many sellers are also opting for FSBO or DIY route. It does save a lot of dollars but limits exposure and increases sellers’ responsibilities many folds. So the next best choice is discount real estate brokers.

Among these brokers, Flat Fee MLS Listing Companies are the best choice. Flat Fee MLS Services like Houzeo allow sellers to control the selling process without compromising on the exposure. All of these at a small listing fee!

With Houzeo, you have the option to list your property as an owner and enable a smooth closing process. You do not have to worry about complexity as the platform is 100% online. It will help in listing your property on the MLS at a flat rate and take care of other tasks which otherwise would require manual intervention. Another big point is that due to platforms like Houzeo, the real estate agent commissions are declining. This is because of the promising Flat Fee MLS structure that companies are providing.

Check out some of the Houzeo reviews and how it has helped customers around the US.

Frequently Asked Questions

Can you sell your house without a realtor?

You can opt for discount real estate services like flat fee MLS listing services like Houzeo, or low commission real estate companies like Redfin.

How much is title insurance in Oregon?

Title insurance consists of many title-related expenses. Title fee depends on the title company chosen by you They may also change depending on the contents of the insurance.

Do you need a lawyer while selling a house in Oregon?

Yes, you always need an attorney to do the closing on the sale of the house.

Who pays transfer tax in Washington County?

Buyers and sellers do not have to pay transfer tax except it is only applicable in Washington County. The seller of the property is responsible to pay taxes.

Is it a good time to sell a house in Oregon?

Summers are considered to be the ideal time to sell your house in Oregon. It looks like June would be the best time to sell a house in Portland. This could fetch you up to 15.90% more than the yearly average!

Can you sell a house as is in Oregon?

Yes, you can sell your house as is in Oregon. You can opt to sell your house to flippers, iBuyers, or cash buyers.

How much are closing cost in Oregon?

The average closing cost in Oregon is $3,910.88 after taxes, or approximately 0.98% to 1.3% of the final home sale price.

Related Keywords: taxes on selling a house in Oregon, how to sell your own home in Oregon, Oregon residential purchase agreement, realtor commission Oregon, Oregon seller’s disclosure form, title insurance in Oregon, title company in Oregon, who pays for title insurance in Oregon, how much are closing costs in Oregon, closing cost calculator Oregon, who pays closing costs in Oregon, how much is closing cost in Oregon, selling a house in Oregon, how to sell a house by owner in Oregon, taxes on selling a house in Oregon, who pays transfer tax in Washington state.

Oregon Sellers Guide Selling a house

Save $20

On Silver & up plans

Use Coupon Code:

Copied
Need help? Call us on
(844) 448-0110