Michigan Home Seller Net Proceeds Calculator
Estimate exactly what you'll walk away with after selling a home in Michigan. Defaults below reflect typical Michigan transfer-tax treatment, title custom, and seller closing costs.
Estimated net proceeds — Michigan
$0
Enter a sale price below to estimate your net proceeds in Michigan.
Net Proceeds Calculator — Michigan
Defaults reflect typical Michigan practice. Edit any field to match your transaction.
Figures last updated: June 2026
Sale & loan
Commission
Post-NAR settlement: the buyer-agent share is negotiable. Switch to listing-only if you're not offering buyer-agent compensation.
Title & closing costs
In Michigan, the seller customarily pays this. Informational only — the premium amount isn't included in the totals below.
Optional adjustments
Breakdown
| Gross sale price | $0 |
| Agent commission | − $0 |
| Mortgage payoff | − $0 |
| Title / escrow services | − $0 |
| Transfer / excise tax | − $0 |
| Recording fees | − $75 |
| Settlement / escrow fee | − $450 |
| Home warranty | − $0 |
| Repairs / concessions | − $0 |
| Property tax proration | − $0 |
| HOA dues owed | − $0 |
| Total deductions | − $525 |
| Estimated net proceeds | $0 |
Selling a home in Michigan: what to expect
Transfer / excise tax
0.86% (0.75% state + 0.11% county)
Title & closing custom
Owner's title policy customarily paid by the SELLER.
Recording fees ~$30 flat per document.
Typical commission
Around 5.5% of the sale price in Michigan, split between the listing and buyer's agents. Always negotiable.
Typical total seller closing costs
About 1.0%-2.0% of sale price (excluding agent commission).
Notes specific to Michigan
- Michigan charges a state transfer tax of $7.50 per $1,000 of sale price plus a county component, all customarily paid by the seller.
- A principal-residence seller may qualify for a state transfer tax exemption if the home's SEV has not increased since purchase and other conditions are met.
- Sellers typically pay for the owner's title insurance policy in Michigan.
Frequently asked questions — Michigan
Who pays the transfer tax in Michigan?
0.86% (0.75% state + 0.11% county)
What are typical seller closing costs in Michigan?
Excluding the real estate agent commission, sellers in Michigan typically pay about 1.0%-2.0% of sale price of the sale price in closing costs. Owner's title policy customarily paid by the SELLER.
What is the typical real estate commission in Michigan?
The typical combined real estate commission in Michigan is around 5.5% of the sale price, split between the listing and buyer's agents. Commission is always negotiable.
Do I need an attorney to sell a home in Michigan?
Michigan closings are typically conducted by a title or escrow company; an attorney is not generally required, though sellers may choose to retain one.