Realtor listing vs. direct as-is sale: the costs, the state transfer fee and what you actually net.
When you sell a house in South Dakota, what you net depends on how you sell. Here are the main costs, with figures from published sources so you can compare a listing with a direct as-is sale. These are general estimates, not a quote for your property.
According to HomeLight's South Dakota cost guide (May 2025), total seller costs run roughly 6% to 10% of the sale price. Its breakdown:
On a $300,000 sale, 6% to 10% is about $18,000 to $30,000. Commissions are negotiable, so ask any agent exactly what you'd pay.
South Dakota charges a state real estate transfer fee of $0.50 per $500 of the price, or 0.1%, set in SDCL 43-4-21. The seller typically pays it, though it's negotiable. On a $300,000 sale that's about $300. Some cities and counties may add their own fees, and some transfers are exempt, so confirm with your title company.
When you sell to a direct cash buyer like us, there are no commissions or fees to you, no repairs or cleanout, no showings, and no waiting on a buyer's loan. You pick the closing date, and closings can happen in as little as 14 days. In exchange, the offer is usually below what a fully repaired house might fetch on the open market.
The right comparison is what you'd net: sale price minus commissions, closing costs, repairs and the months of carrying costs. A higher listing price doesn't always mean more money in your pocket. See our guide to cash buyer vs. realtor.
If you're comparing options for a Sioux Falls house, we're happy to walk you through the numbers with no obligation, and we'll tell you honestly if listing is the better choice. See selling your house in Sioux Falls.
General information only — not legal, tax or financial advice. Rules and costs vary by state and by property; confirm specifics with a licensed attorney, CPA or real estate professional.
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According to HomeLight (May 2025), total seller costs run roughly 6% to 10% of the sale price when you list with a realtor, including agent fees, closing costs and preparation. Your actual costs depend on your house and your agreements.
The fee is $0.50 per $500 of the price (0.1%). The seller typically pays it, but it can be negotiated. Confirm with your title company.
It depends on the buyer, so ask in writing. With River Capital there are no commissions or fees to you.
It can be, because you skip commissions, repairs and carrying costs, but the offer is usually lower than a retail price. Compare what you'd net each way.
Tell us the situation and we'll walk you through every option, with no cost and no obligation.