Before you list, it helps to know which costs land on the seller and which fall on the buyer. Here is the breakdown.
Quick answer: In Sint Maarten, sellers customarily pay the agent commission and may have other transaction costs, while transfer tax and notary fees usually fall on the buyer’s side. Confirm the specifics for your sale with your agent.
What sellers customarily pay
- Agent commission. The seller conventionally pays the agent commission, which is also why buyers working with a buyer’s agent pay nothing extra.
- Possible other transaction costs. Depending on the sale, some additional costs can apply.
What the buyer usually covers
The main purchase-side costs sit with the buyer. Transfer tax and notary fees are usually the buyer’s responsibility, as detailed in our closing costs breakdown and transfer tax guide.
Confirm the specifics
Exact figures depend on the property and the deal, so confirm the specifics with your agent when you list. An agent can also lay out the net proceeds you can expect after costs.
Frequently asked questions
What costs do sellers pay in Sint Maarten?
Sellers customarily pay the agent commission and may have other transaction costs, while transfer tax and notary fees are usually the buyer’s side. Confirm the specifics for your sale.
Who pays the transfer tax when selling?
Transfer tax and notary fees usually fall on the buyer’s side, not the seller’s.
Getting ready to sell? Browse every property for sale, start with the complete buyer’s guide, or contact Island Dream Realty.
See the step-by-step selling guide.
