Real estate agent bondagegagged4/9/2024 ![]() Pre-inspection: A pre-inspection is optional, but if you choose to do one before listing, you'll know ahead of time about any major issues that need to be addressed, which can save a lot of negotiating with potential buyers down the road. If you’re selling on your own, you’ll also want to set aside some money to print flyers, signs and open house materials. If you're selling on your own - called for sale by owner (FSBO) - you can list your house for free on Zillow. Marketing costs: There are costs associated with listing your home on the local MLS, but it is usually covered by your real estate agent if you're using one. If you're using a full-service listing agent, they may cover the cost for you. Standard professional photos cost $150-$200, depending on the market. The investment is small, but the payoff can be huge. Professional photos: 68% of home buyers say that viewing professional pictures of a property is somewhat to extremely important. Ask your agent for their recommendation on what buyers in your specific area are looking for: 79% of sellers undertake home improvements before selling. Home improvements: There are two main types of home improvements you can do before listing: updates to repair or replace old systems (roof, furnace, windows, etc.), and upgrades that add features buyers love, with a goal of garnering a higher sale price. Add flowering plants, create a walkway if you don't already have one, rake any leaves, mow the lawn, light the walkway, and - in winter - shovel snow. Landscaping: Your curb appeal is your home's first impression, so you'll want to make your exterior look its best. Little touches like new bath towels, a fresh doormat, flowers, and cookies can go a long way too. Home staging can take many forms, but at a minimum, you should declutter, arrange furniture to make the most of the space, and remove personal belongings. Staging: In recent Zillow research, 48% of recent buyers ranked having a home staged as somewhat, very or extremely important. You'll also want to have the carpets professionally cleaned and the windows washed. While not the typical closing costs, these are some of the contributing costs to sell a house:Ĭleaning: Before your first open house or showing, consider hiring a house cleaner to do a deep clean. Real estate fees: Loan payoff, taxes and penaltiesĬosts associated with selling a house: Home preparations.If you're just beginning your selling process and are curious about the cash proceeds to invest in your next property, try our home sale proceeds calculator. To clarify, closing costs include up to 6% in commissions (to your agent and the buyer's agent), and an additional 2% to 4% in transfer taxes and property taxes, attorney fees, and real estate fees like title insurance, HOA transfers, and escrow fees. The overall transaction costs of selling a house include standard closing costs as well as potential charges associated with preparing the home for sale, relocating your belongings (and sometimes yourself), and offering concessions to the buyer. Here are the expenses you can expect during that time. On average, homeowners spend seven months planning and preparing to sell their home, and three additional months with their home listed, pending and closing. When you're thinking about selling, it's easy to get excited looking at your Zestimate and seeing how much your home value has increased over the years, but it's important to be prepared for the hidden, and sometimes overlooked, costs of selling a home. Selling a house is time consuming and expensive - often much more than sellers might expect.
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