<prompt> Human: I know that I may have to pay to repair things that are found in the inspection if that is what the buyer and I agree upon. What else should I know about? We just bought our second home, and the tenant in the first home wants to buy it. I also know about tax on the profit I worked in the tax industry a bit. What else is there?Edit - The tenants want to purchase the house they are renting from me. They currently live in the house now. Wasnt sure if I made that clear originally. Assistant: You stated the tenant in the first home wants to buy it, but later mentioned a realtor. You probably dont need a realtor in this case since you wont be marketing the house. You can find comps off sites like zillow, estately, or the county website to determine a fair price. There are online resources for selling without a realtor. Your real estate lawyer to go over the contracts would be cheaper than the realtor, and would be more helpful in this case. Human: For the price of the house, the tenant has agreed to pay what it is appraised for. This was agreed upon because I knew them well before they rented out the house and they have a general idea of what I bought it for, which was undermarket when I bought it. The market has only gone up in that area. So to keep it fair, he stated that they would purchase it based off of the appraisal price. We havent discussed repairs, but I will more than likely pay for them since there will be 15k to 20k in proceeds from the sale. For the realtor, weve discussed using the same realtor instead of getting two since we are just looking for someone to facilitate the process. If he decides not to buy, Ill be selling by putting it on the market. I wanted to get an idea of any hidden costs for either situations so I can have it saved and prepared. Edit - I should also state, that Im not sure if we need a realtor, but Im not familiar enough with the process and of who handles what. For example, does a realtor mark up the contract, or is that the bank? Thats the main reason Im leaning towards using at least one agent.  <response>: Save yourself 4-6 and do not engage with a realtor unless the sale to the tenant falls through. Call a title company today, explain the situation, and ask what you need to do. Title companies are the heavy lifters in closing the deal not realtors. Realtors primarily connect buyers with sellers and are paid handsomely to do so. 