Which cost would NOT typically be considered a selling cost in real estate transactions?

Prepare for the ESCP Real Estate (RE) Finance Test with engaging flashcards and multiple choice questions. Each question comes with comprehensive hints and explanations. Get exam-ready today!

In the context of real estate transactions, selling costs are expenses incurred specifically related to the sale of a property. This includes broker fees, legal fees, and taxes associated with the sale, as these directly contribute to the process of transferring ownership and completing the transaction.

Property management fees during ownership, however, are not typically categorized as selling costs. These fees are incurred as a part of ongoing management and maintenance of the property throughout the duration of ownership. They are related to the operational aspects of managing the property rather than the sale process itself. Therefore, when considering what constitutes a selling cost, property management fees stand apart since they are about managing the asset rather than facilitating a sale.

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