Selling your home for the first time is stressful and a little scary. We’d like to ease the stress a little by giving you a heads up about some hidden costs that might surprise you. Read on to find out which expenses you may have missed and how you can avoid them all.
- Important Repairs
Homes in need of small and large repairs alike can turn off a buyer. The more pressing repairs are generally ones that require professional help. It shouldn’t come as a shock that trying your hand at electrical work is a bad idea. Hiring a pro to tackle the big repairs ensures quality and work done to code, but of course it also comes with a hefty price tag.
- Fresh Painting
A coat of paint in a neutral tone can take a room to a whole other level of desirability. If you’re willing to invest the time in this project, it can payoff. However, with paint gallons at up to $80 a piece, this little DIY can start to add up pretty quickly!
- Attractive Landscaping
The first impression your home gives is the exterior which includes not only the home itself but the yard. This first look intices potential buyers and raises the value of your home. This is definitely area you can DIY, but your supplies (i.e. flowers, mulch, wood chips, time, etc) will come at a cost.
- Realtor Commissions
While it’s true that you can negotiate a real estate agent’s commission, there’s not much wiggle room in negotiations. The national average of commision for a realtor can bounce anywhere from 4-7%, which seems small until it starts to rack up to thousands of dollars.
- Professional Staging
With the rise of millennial home buyers has come the rise in the importance of staging. Staging your has been proven to help it sell faster. As such, it’s created a whole new profession. An expensive new profession with a national average of around $1000.
Remember that you can avoid all these expenses by selling to a home investor like us. We buy homes in as-is condition, ensuring that you won’t have to factor in repair costs of any kind. Working with us is quick and easy, you could close in as little as 7 days. Let us know if we can help you out!