Seller net proceeds analysis in Potomac

56.9% of Potomac principal residences were assessed at $1 million or more for 2025. Above that line, the county’s recordation rate rises.

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Seller net proceeds analysis

A seller net proceeds analysis replaces the number in your head with the number on the wire: sale-price scenarios minus payoff, Maryland transfer and recordation taxes, commissions, prep, and credits.

A seller net sheet in Potomac starts with one line: $1,000,000. In levy year 2025, 5,174 of 9,087 Potomac principal residences, or 56.9%, were assessed at or above it. Montgomery County’s recordation tax charges $11.35 per $500 on the part of a price above $1,000,000, and the county transfer tax adds 1% of the price. Most sales here cross that line. So the top rate is a real number on your sheet, not a footnote.

Who pays is negotiable. Maryland’s Real Property 14-104 splits transfer and recordation taxes equally unless the contract says otherwise. When the buyer is buying in Maryland for the first time and moving in, the seller covers the lot, though the state’s share of transfer tax falls to 0.25%. We check the buyer’s status on every offer, because it moves the math by thousands of dollars.

Smaller lines come next, and they’re the ones people forget. A WSSC front foot benefit charge stays on the tax bill for 30 years, and you can pay it off at closing or let the price absorb it. Owners who live out of state face Maryland withholding of 8.75% for individuals. Commission, title charges, credits and any loan payoff come off last. We put every one of them on paper.

Here’s what that means for you. We build three versions of the sheet: at list price, at a realistic sale price and at a low offer. Each shows the recordation step above $1,000,000 and the split we expect you to negotiate. Seller net proceeds analysis spells out the service, and pricing questions belong to when to list a home in Potomac. Before signing with anyone, compare notes with a Potomac real estate agent. The Montgomery County page lists countywide tax rules, and Seller net proceeds analysis in Bethesda shows a sheet with no loan payoff.

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Potomac

The sheet changes with the property. Detached houses make up 71.4% of Potomac’s housing, and in RE-2 neighborhoods they often sell above $1,000,000, so the top recordation rate applies to more of the price. A townhouse near Montrose Road may sell under that line and skip the step. Houses tied into WSSC mains during the last three decades may carry a front foot benefit charge to settle or pass along. Nonresident owners need the withholding line. We build your sheet from your parcel’s own bill. Estimates come later.

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Answered

Potomac, answered.

Q: Who pays transfer and recordation taxes when selling in Potomac? A: Unless you agree otherwise, the two sides share them evenly. That’s the default in Maryland’s Real Property 14-104. A buyer purchasing in Maryland for the first time as a residence shifts the whole bill to the seller. We check every Potomac offer for that status before you respond. Q: Does the $1 million line change my Potomac net proceeds? A: Yes. Montgomery County’s recordation tax charges $11.35 per $500 on the part of a price above $1,000,000. In levy year 2025, 56.9% of Potomac principal residences were assessed at $1 million or more, so most sales here cross it. Your net sheet should show that step on its own line. Q: Should I pay off a WSSC front foot benefit charge before selling in Potomac? A: It depends on the balance and the buyer. WSSC keeps the charge on the tax bill for 30 years and accepts a full payoff whenever you choose. Paying it simplifies the buyer’s tax estimate. Passing it along can work if the price reflects it, so we price both options for you.

Sources

Last reviewed October 2, 2026 by Levi Loveless, licensed in Maryland and Virginia. Every rule, rate and figure on this page links to the source we checked.

Montgomery County Department of Finance, Real Property Taxes 2025 dataset, levy year 2025
Montgomery County Code 52-16B, Oct 1, 2023
Montgomery County Code 52-31
Md. Code, Real Property 14-104
Md. Code, Tax-Property 13-203
WSSC Water, Front Foot Benefit Charge, page modified June 26, 2026
Comptroller of Maryland Tax Alert, July 1, 2025
U.S. Census Bureau, ACS 2020-2024 5-year, Table DP04, Potomac CDP, 2020-2024

Selling or buying

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Whichever side of the move you are on, start here.

For sellers Selling a home Three routes to a sale, and the numbers behind each one. Explore selling For buyers Buying a home Position, competition, and how to win the house. Explore buying

See the $1 million step on paper first.

Send us your address, your payoff figure if you have a mortgage, and your last tax bill. We’ll build the sheet three ways, show the recordation step above $1,000,000 and flag any WSSC charge. Then you decide on price with real numbers in hand.