Myrtle Beach, SC local closing costs

Cost to sell a house in Myrtle Beach, SC.

On a typical $225,000 Myrtle Beach sale, total seller costs to list and close traditionally run about $18,358 roughly 8.2% of the sale price. Here's the line-item breakdown.

Median DOM: 38 days
Median income: $64,690
Total transfer rate: 0.37%

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List with an agent

$225,000 sale price

Agent commission (5.5%)$12,375
State + local transfer tax (0.37%)$833
Owner's title insurance (0.4%)$900
Recording / settlement / attorney$800
Pre-listing repairs (1%)$2,250
Staging + photography$1,200

Total costs$18,358

Net to seller$206,643

Time to close varies with market demand, financing, inspections, and title work.

Home Posted cash offer

$175,500 offer (~78% of retail)

Agent commission$0
Transfer tax(Buyer pays)$0
Title insurance(Buyer pays)$0
Closing / attorney fees(Buyer pays)$0
Repairs(As-is, buyer's problem)$0
Staging / photography(Not needed)$0

Total costs$0

Net to seller$175,500

Timing, contingencies, and seller costs are stated in the written offer.

Net difference

Listing nets you more: $31,143

The trade is time, certainty and effort vs the last few percent of retail. If your house needs repairs or you can't wait 90 days, the cash path usually wins on the math too.

Attorney required?

Yes, South Carolina customarily requires an attorney at closing.

Transfer tax

SC deed recording fee is $3.70/$1,000. Attorney required.

Repair credits

On a traditional listing, post-inspection repair credits in Myrtle Beach commonly cost sellers another $2-8k beyond the budget above.

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