WHAT ARE THE TRUE COSTS OF SELLING A HOME? LET'S TAKE A LOOK

WHAT ARE THE TRUE COSTS OF SELLING A HOME? LET'S TAKE A LOOK

Are you thinking about selling your house? How much will it cost? There will be a few bills, whether you're sprucing things up with a fresh coat of paint or covering your property taxes. Let's look at some of your potential costs as a Seller.
 

Is Your Home Ready To Sell?

The first question you need to answer is whether your home is ready to sell. It will likely need repairs and maintenance unless your house is relatively new. Depending on the age and condition of your home, you may also invest in a complete home inspection. Having a professional inspector look things over is a good investment.
 

Invest In A Good Real Estate Agent (And Their Commission)

To get the best price for your home, you will need to be represented by a great real estate agent. Of course, they are not going to work for free. Once the home sells, the agent is compensated with a percentage of the sale price, known as a commission. In some cases, the home seller also pays the commission to the buyer's real estate agent as well.
 

Factor In Costs During The Sales Process

The selling process will also have its costs. From lawyers' fees to excise taxes, plenty of small expenses can start to add up. You can invest a bit in your open houses to make them more welcoming. Or you might need to close out your mortgage. Whatever the case, leave some space in your budget for these costs.
 

Moving Out Will Cost You Too

Finally, remember to factor in the cost of moving to your new home. Many families need to budget for moving expenses, which can be significant if you are moving out of a large home with a lot of furniture.
 
As you can see, selling a home is a significant financial transaction that should be led by an experienced professional. When you are ready to begin the process of selling your home, give us a call. Our team of real estate professionals can advise you of local market conditions and ensure that you receive top dollar when you sell.

Work With Howard

Howard’s strengths as a real estate advisor lie in his ingenuity, vision and attention to detail. He understands the strengths and unique qualities of each property, allowing him to maximize value for his sellers and find value for his buyers.

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