Definition
The actual cash you receive after selling—the sale price minus commission, title insurance, transfer taxes, attorney fees, and any liens or mortgages. This number matters more than the gross sale price because it's what you actually walk away with.
Where you’ll meet it
What's my current home worth, and what will I walk away with?
See it in Moving up to my next home · Step 1About this term
Net proceeds represent actual seller funds received. Calculate by subtracting commission, title insurance, transfer taxes, attorney fees, and any liens.
Pro Tip
Calculate net proceeds upfront. Understanding your true benefit helps evaluate offer acceptability.
Example
Sale price $450,000 minus $22,500 commission, $5,000 closing costs, $3,000 taxes equals $419,500 net proceeds.