When debating on selling your home, there can be a lot that you fail to take into consideration- expense wise. In order to ensure you have everything you need to make your decision, we came up with this handy list of expenses to expect!
First things first, your home must be in selling condition. This means clean, tidy, painted, repaired, etc. Unless otherwise disclosed with your selling agent.
One of the most cost-effective ways to spruce up your home. Choose neutrals to help the home buyer’s see the opportunities they have when creating their own home.
Window Washing and Open the Curtains
Bring in light, and make sure your windows are crystal clear inside and out.
Replace the Obvious
If you have cracked handles or broken doors, be sure to replace them before you get into the selling game. This will help you get more bang for your buck, instead of being low-balled due to minimal issues.
This is a given when selling your home. Keep things simple, tidy and clean!
This goes hand in hand with bringing more curb appeal to your home. See my last blog post for great DIY ideas that will make a world of difference.
It is 100% worth it to hire your own inspector before putting your home up for sale. Think of it as ensuring you can get the highest appraised value for your home by making yourself knowledgeable to all that would need to be repaired, completed or fixed. There is no fault in knowing what you’re working with!
Maintenance- Even if it’s not Rent
If you plan on moving out before you sell your home, take into consideration what will be required to keep your old home running throughout its showing/selling term.
Now that we are through with the minimal expenses. Time to dive into what the majority of selling a home costs- the closing period.
As the seller, you will be paying the 5%-6% fee of commission to each of the agents, buying and selling.
Standard Closing Costs
Such as fees, or what you may have negotiated to split with Buyer, appraisal, transfer of property, title insurance, and more.
Whatever it will take you to get to your new awaiting home! Trucks, boxes, packaging, etc.