Do you know how much it costs to sell your house in ? When working with a real estate agent, there can be a large number of costs that home sellers aren’t always aware of. Before signing a listing agreement with a real estate agent, make sure you are aware of the costs you will likely face!
Many people aren’t prepared for what is required of them when trying to sell a house with a real estate agent. There are numerous costs, time commitments, and exhausting activities that go into selling your house the traditional way. Below, we will take a look at what it costs to sell your house with an agent in , versus what it costs to sell your house directly to a professional buyer. You can get an offer from our team so you can plug in the numbers for your property, determine which way of selling your house in is right for you!
Hiring An Agent In
Commissions
Engaging a real estate agent in to assist in selling your property will involve commission expenses upon the successful sale of the house. Typically, these costs can significantly impact a seller’s net proceeds, with commissions averaging around 6% of the final selling price. For instance, if your house sells for $150,000, you can expect to pay $9,000 to your agent, not accounting for additional expenses and charges.
Closing Costs
Closing costs include things like transfer taxes, recording fees, and other miscellaneous costs. When you work with an agent to sell your house in , you can expect to spend about 2% of the final sale price in closing costs. So again, if your house sells for $150.000, you’ll be on the hook for another $3,000. When you sell your house directly to Girl Buys Houses, we’ll take care of all the closing costs, eliminating many of the fees and expenses that home sellers often face.
Repairs
When it comes to your property in , repair costs can quickly add up to a significant expense. It’s not uncommon to start with minor repairs before listing, only to see them escalate into major work. Following the inspection period, you might discover the need for additional repairs. Potential buyers may leverage the inspection report to negotiate, requesting repairs or seeking a price reduction or credit.
Holding Costs
Many people don’t realize how much it costs to own a home. As a homeowner, you are dealing with things like property taxes, homeowners insurance, and utility bills. The bills can get pretty high if your home is older, and not energy-efficient. You’ll also have to contend with the continued maintenance, repair costs, and the expenses required to keep the house ready for property showings. If your house sits on the MLS for a long time, your holding costs can really add up! But when you sell your house directly to Girl Buys Houses, we will be able to close on your property, free and clear, in only a matter of days.
Marketing Expenses
Marketing costs when selling your house the traditional way are no joke. Depending on your agent, you may find you are spending a lot of money to market the house on your own. You may need premium listings, professional signage, or photography in order to showcase your property in its best light. Don’t assume that because you hire an agent all of your marketing costs will be covered. Every agent is different and you may wind up spending more than you think to sell your house fast in .
Selling Your House Directly
On the other hand, selling your house directly to Girl Buys Houses, won’t cost you a thing. While not every buyer works in the same way, selling your house to our team will free you of any costs or fees. You won’t have to worry about making repairs, cleaning up, or having to wait around for a buyer to come along. There are no commissions, agent fees, or marketing costs. You will be able to sell your house fast in free and clear, once and for all!
Before you sell your house in , you need to know exactly what it will cost you. Many home sellers are blindsided by costs and fees they weren’t expecting when they work with a local real estate agent. Before you sign a listing agreement, take a look at what we can do for you. A direct sale may be the solution you need for your house in the area! However, you won’t know for sure until you get a no-obligation offer from our team!
If you want to sell your house in without any of the costs or waiting, reach out to our team today to find out what we can do for you!
