Obviously, you want to make as much money as possible. No seller wants their potential profit to drown in repairs, upgrades, staging, closing costs, and agent commissions.
Unfortunately, it happens quickly.
Before you know it, a lot of people get paid out of the sale of your home.
So how much is it REALLY to sell your home the traditional way?
Let’s talk about that.
Agent Commission — You pay the listing agent’s commission, plus the buyer’s agent if you agree to it. Since the August 2024 NAR settlement, these are negotiated separately, so ask each agent what they charge.
Closing Costs — Closing costs are traditionally split between the buyer and seller. So it’s reasonable to expect to pay about 3% of the home’s sale price. On a $200,000 home, that’s $6,000.
Repairs — Many sellers make repairs before listing it on the MLS. Repairs are optional, though; a home in disrepair can take longer to sell, and the condition gets priced in either way.
Upgrades — Today’s buyers have high expectations. They don’t just want your home to be clean, functional, and staged. Many also want it updated, and an out-of-date home may take longer to sell or sell for less.
Or You Could Do THIS — If that all sounds like too much time and money to spend getting your house ready to sell, then you might consider selling to a professional home buyer like us. At Sage Hill Properties, we buy homes as-is for cash, we pay the normal closing costs, and we can close in as little as 7 days. If you want to learn more, give us a call at 321-316-1051!
See the full side-by-side in listing with an agent vs. selling for cash, and check what your house is really worth first.