Selling a Home in Wisconsin
Wisconsin sellers pay the Real Estate Transfer Fee of $3.00 per $1,000 of sale price (0.30%) on every residential transfer. The fee is customarily paid by the seller at recording. On top of the transfer fee, sellers pay agent commissions, the owner's title insurance policy, closing fees, and recording fees.
Wisconsin Transfer Tax & Closing Costs
Wisconsin closings are handled by title companies. The seller customarily pays the Real Estate Transfer Fee and the owner's title insurance policy. Closing fees are typically split with the buyer.
How to Estimate Your Wisconsin Net Proceeds
- Sale Price: Start with the agreed-upon contract price.
- Mortgage Payoff: Subtract your remaining loan balance and accrued interest through closing.
- Transfer Taxes: Apply the state, county, and any municipal transfer tax owed by the seller.
- Closing Costs: Deduct commissions, owner's title insurance, attorney/escrow, and recording fees.
Wisconsin Net Proceeds = Sale Price − Mortgage Payoff − Commissions − Transfer Taxes − Closing Costs
