09/04/2026
There is a moment in almost every listing appointment where the conversation stops being about the house.
The seller has a number in their head. It is usually the sale price minus the mortgage payoff, and it is usually wrong by more than they expect. That gap is the net sheet, and I would much rather you see it at the beginning than at the closing table.
The one that catches San Mateo County sellers hardest is transfer tax, because here it can be two taxes rather than one. There is a county rate that applies everywhere, and property inside the City of San Mateo carries an additional city conveyance tax on top of it. The same house a few minutes away in Burlingame, Belmont or San Carlos carries only the county piece. That is a real difference in real money decided by which side of a city line you sit on, and it belongs in your plan rather than on your closing statement.
Then there are the credits. Repair credits, closing cost credits, the rent back you agreed to. These get negotiated late, after you have mentally banked a number, which is exactly why I order inspections before we launch. Finding an issue before the market does means you decide whether to fix it, disclose it, or price it. Finding it during escrow means the buyer decides.
The full breakdown, with the rates and the rest of the line items, is in the article. Link in the comments.
This is general information about how sales here are customarily structured, not tax or legal advice. Confirm the current rate for your specific city with your escrow officer, because city rates change by ballot measure.
Sellers, what was the line item that surprised you most on your closing statement?