When you sell your house, you’re going to be in for a big payday, but as the saying goes, you’ve got to spend money to make money.
If you want your house to sell fast and for the best possible price, you’ve got to invest in selling it. Everything from hiring a realtor to doing renovations and staging the home costs money, so you need to be prepared to shell out some dough.
In this post, we’re going to discuss the cost to sell a house. Follow this guide and you’ll know exactly what you have to do, and how much it’s going to cost, to sell your home quickly.
What Are the Costs Involved With Selling a House?
As you prepare to sell your home, you’ll quickly become aware of what you need to do before you’ll find someone to buy it. Some of these things you can do on your own for little money, like small renovations and upkeep, but to make your house more appealing to buyers, you’ll need to call in professionals.
First, you need to take a good look at the state of your home. Do you see anything that’s truly going to hold you back from selling your house? If so, you should put money into getting it where it needs to be, whether it’s finishing your basement or installing new windows.
Once you take care of the house itself, you’ll need to get the right people involved to help you sell it. You likely won’t have to pay the realtor until the house is sold, but you can expect to pay 5-6% of the sale price in the end.
With someone like Joe Manausa Real Estate involved, you can expect to sell your house within a few weeks. When you go with a lesser realtor, you may end up having to hire a home stager to get the property looking good enough to entice buyers.
After the house is sold, you’ll have to pay off your mortgage and cover any closing costs.
How Much Does It Cost to Sell a House?
All in all, when you add up all of these little costs, you’ll be looking at a cost of about 15% of the sale price to sell a house. If you sell for $300,000, that amounts to roughly $45,000, but it depends on what you opt-in for.
You don’t have to do all of the renovations or hire a home stager to sell your house, though it might help speed things up. As long as you’ve got a real estate agent you can trust, your house should sell eventually. This is where the biggest chunk of the cost comes from, but it’s well worth it.
Figure Out What Your Needs Are
Now that you understand the cost to sell a house, you can start figuring out what you want to do before you sell. Once you do, find yourself a great real estate agent and let them go to work.
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