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There are a number of costs to expect with a traditional sale of your Central Texas house. Discover if working with an agent is the best option for you and your property in our latest post!
Selling your house in Central Texas with a real estate agent may not always be the best choice. When you consider the costs, time, and effort involved, an alternative selling method might be more suitable for you. Here are five major costs you should be ready for if you decide to sell your house the traditional way.
Repairs
When selling your house in Central Texas, you’ll likely need to make some repairs. Small touch-ups can quickly add up, and major repairs will significantly increase your costs. After listing the house and receiving an offer, the potential buyer will typically pay for an inspection. If everything checks out, that’s great! However, the buyer may often discover additional repair issues and request that you either credit them for the repair costs or fix the items yourself before closing.
Professional Cleaning
When listing your house on the MLS in Central Texas, you’ll want it to look its best. Even for the cleanest homeowners, this might mean hiring a professional cleaning crew. You may also need to have the carpets cleaned, the exterior power-washed, or the floor tiles rejuvenated. If you decide not to hire professionals, you’ll still need to handle these tasks yourself, which takes up your valuable time.
Marketing Fees
The level of marketing provided by a real estate agent in Central Texas can vary greatly. Some agents offer comprehensive marketing plans at no extra cost, while others only provide the basics. You’ve likely seen different types of listings: some homes are professionally staged and photographed to look their best, while others have cell phone photos showing unmade beds and clutter. Top-notch listings that attract the most attention usually cost more. If you choose to list your house in Central Texas, make sure you understand exactly what’s included. Costs for exclusive listings, signage, and print materials can add up quickly.
Commissions
In some cases, working with a real estate agent in Central Texas can be beneficial, making their 6% commission fee worthwhile. However, for other properties, this fee may not be justified. Six percent of your final sale price can be a significant amount of money. Ensure your agent can secure a high enough sale price to make this cost worthwhile. Calculate the numbers before signing a listing agreement with a Central Texas agent. For some homeowners in Central Texas, a direct sale might be a better option for selling their unwanted house.
Closing Costs
A home seller in Central Texas will likely spend 1-3% of their final sale price on closing costs when selling through a real estate agent. These costs include recording fees, settlement fees, title search fees, surveys, and pre-payment penalties, all paid at closing. However, many of these costs can be avoided when working with LJE Property Solutions Buys Houses.
Learn more about the costs to expect with a traditional sale of your Central Texas house. Contact us today for more information! 512-230-3469
Frequently Asked Question
Maybe you have a few questions. That’s okay; most people do. So, are some questions people ask us… along with our answers. If you still have a question, don’t hesitate to contact us (or give us a call) and we’ll be happy to answer it for you.
Q: Do you pay fair prices for properties?
A: Yes, we pay fair market value for the condition of the property. Don’t forget, you won’t be paying any real estate fees or have to do any repairs. The large expense for both of those items falls on us. No time or effort or expense is required on your part of fix up the property or pay agent fees. We have to make sound investments to be able to put out a large amount and still be able to make a profit in the end. If that’s what you’re looking for and you see the value in getting your house sold fast… let’s see if we can come to a fair win-win price. (Besides, our no-obligation pricing commitment means that you do not have to move forward with the offer we give… but it’s good to know what we’re offering!)
Q: How do you determine the price to offer on my house?
A: Great question, and we’re an open book: Our process is very straightforward. We look at the location of the property, what repairs are needed, the current condition of the property, and values of comparable houses sold in the area recently. We take many pieces of information into consideration… and come up with a fair price that works for us and works for you too.