seller closing cost CT

Connecticut Seller Closing Costs: Here’s All What You Need to Know

Were you aware that the average selling costs for homesellers fall between 6% to 10% of the property’s sale price? If you’re selling a home in Connecticut, this article is for you. Our top real estate advisors have put together a guide to assist you in familiarizing yourself with closing costs that sellers pay in order to know where they can save in the transaction.

Staging the property and paying Realtor commission are a few of the expenses involved in a typical home sale process. These costs amount to thousands of dollars and cut into profits big time. There is another set of expenses called ‘Closing Costs’ that most sellers don’t factor in when listing their home for sale. They may range from 2% to 4% of the sales price. You pay closing costs on top of the Realtor commission and any other expenses associated with selling real estate in Connecticut. 

While we will discuss in detail what closing costs are and how they affect your profits, you should know that by selling your home to Zee Holdings, you don’t pay any closing costs. And, since you sell as-is, you don’t spend any money on staging. You also don’t pay Realtor commission which is typically 6% of the sales price. 

What are closing costs? 

Closing costs are an assortment of fees—separate from agent commissions—that are paid by both buyers and sellers at the close of a real estate transaction. In total, the costs range from around 1% to 7% of the sale price, but sellers typically pay anywhere from 1% to 3%, according to

The most common types of closing costs for sellers are as follow: 

  • Transfer taxes and recording fees: 0% to 1% of sale price
  • Owner’s title insurance:  0.1% to 0.5% of sale price
  • Escrow fees: $500 to $3,000
  • Seller’s attorney fees: $800 to $1,500
  • Property appraisal fees: Varies
  • Mortgage payoff and/or prepayment penalties: Varies
  • Property taxes: Varies
  • HOA fees: Varies


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How much closing costs you will pay will depend on a variety of factures including your state and local tax rates, HOA regulations, professional services required for closing in your area, and most importantly your negotiations with the buyer on who pays for what. Sometimes sellers agree to pay a portion of buyer’s closing costs. It particularly happens when the property is in poor condition or the seller is in a hurry to get the property off her hands. This is known as a seller concession. It becomes a huge financial burden on the seller as these costs are deducted from the sales proceeds. 

Here is a brief overview of seller closing costs in Connecticut:

Mortgage payoff and Loan reconveyance fee: More than half of residential properties in Connecticut are owner occupied and 68% of those homes have outstanding mortgage debt. This means that before transferring the property title to a buyer, most home sellers in Connecticut need to pay off their remaining mortgage balance. In Order to cover their closing cost including mortgage payoff, sellers typically use the proceeds received from the sale of the home. When one pays off their mortgage the lender will usually charge an administrative fee that will run you about 100 dollars. This is known as a loan reconveyance fee. This is what you have to pay in order to have the mortgage company remove their lien on your home. These documents mean that they no longer have a claim on your property.

Recording fee: Your county also charges a fee to record the reconveyance stating that you are the owner of your property. The recording fee is $159 in both Hartford and Bridgeport, while in Greenwich the fee costs $60 for the first image of the document and an $5 for every additional page added.

Agent commissions For sellers: Agent commissions are the big-ticket item when it comes to closing costs. Sellers in Connecticut customarily pay the commission for both the listing agent and the buyer’s agent, typically costing around 5.8% of the sale price, Here at Zee Holdings,the best part is we would pay all closing costs, so you don’t need to worry about paying attorneys, title insurance agencies and other vendors involved in the deal. 

Real Estate Conveyance Tax: Connecticut law generally requires a person who sells real property for at least $2,000 to pay a tax on the property’s conveyance. The tax has a state and municipal component and ranges from 1% to 2.75% of the sales price, depending on the property type and the municipality in which the property is located. The seller must pay the tax before the deed can be recorded.

Owner’s title insurance: In Connecticut, owner’s title insurance usually costs around 0.14% of your home’s final sale price. So you will pay about $420 for a home sold for $300,000. 

Property taxes: It varies. In Connecticut, your county may collect property taxes for the current year at the end of the year. If that’s the case in your area, you’ll pay property taxes at closing for the portion of the year that you owned the property. That way, the buyer doesn’t have to pay taxes for the entire year when they only owned it for a few months.

Title and closing fees: It can be up to 0.30% of the sales price in Connecticut. This fee is for a settlement agent to do a title search to make sure no one else has a legal claim to the property.

How to save seller closing costs in Connecticut

In a typical home sale, you almost always pay seller closing costs. Here at Zee Holdings, we buy homes for cash. So, we typically close on a deal in 7-14 days compared to over 50 days it takes to sell with a Realtor representation. The best part is we would pay all closing costs, so you don’t need to worry about paying attorneys, title insurance agencies and other vendors involved in the deal. 

Zee holdings is Known for the commitment to top dollar offers. We work directly with you therefore you are able to make significantly more than any other cash buyer or what realtor can offer. It takes 60 seconds to get an offer. Fill out our short online form for your free no obligation cash offer.

Selling to Zee Holdings



Traditional home sale


average commissions

Selling process
Average days to close transaction
7-14 days
50 days
Average days to prep and stage home
0 days
10 days
Average number of showings
1 showing (Just Us)
20 showings
Transaction costs
Who Pays Closing Costs?
None – We pay closing costs
2% on average is paid by you, the seller
Inspection & Financing Contingency*
Yes, up to 15% of sales fall through
Estimated Home Ownership and Overlap
Repairs Needed To Sell Home
NONE – We pay for all repairs
Negotiated During Inspection Period

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