Home Buyer Resources

Everything you need to know to buy a home with confidence. No agent required.

CIY is not a brokerage and can't offer specific legal, financial, or negotiation advice, but here's some general information that may help:

Cost of a Real Estate Transaction

Buying a home involves several costs beyond the purchase price. Understanding these expenses upfront helps you budget accurately and avoid surprises at the closing table.

Buyer's Agent Commission

2.5-3% of home price

On a $400,000 home, that's typically $10,000-$12,000. Buying without an agent may allow you to avoid this cost, depending on your market and transaction terms.

Closing Costs

2-5% of home price

Includes title insurance, appraisal, attorney fees, and more.

Down Payment

3-20% depending on loan type

Not a fee; this becomes your equity.

Home Inspection

$300-$500

Identifies issues before you commit.

How Buying Without an Agent May Reduce Costs

When buying without a buyer's agent, the buyer's agent commission, typically around 3% of the home price, may not apply, depending on your market and the terms of the transaction.

On a $400,000 home, that could potentially represent up to $12,000, minus the one-time CIY Package fee. Actual savings vary and are not guaranteed.

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