% to budget for seller closing costs?

[Bill Coleman]

I am trying to figure out seller closing costs on the back end of a flip before I set my offer price. Does anyone have a formula or percentage that has proven reliable?

I've searched the BP forums and didn't find anything concrete.

I'm in Denver and the house is in Golden if that makes a difference.

[Ophelia Nicholson]

I always just do a rough 10% of sales price.. Assuming you don't have a license.. Sometimes it might go a bit above 10% but the formula is pretty close.

2.5%-3% for Your agent

2.5-3% for buyers agent

3% most buyers ask for closing cost help

1% for title company fees/transfers taxes..