When you own a house you don’t want, the last thing you want to do is spend more money attempting to sell it. Below, we will outline the costs you can expect with a traditional listing and what you can do to avoid them.
What are the Costs Of An Average Listing
Many homeowners aren’t aware of all of the costs they will incur when listing their house with a real estate agent, it will most likely take a good amount of time and money.
No matter how great of condition your house is in, there are bound to be some repairs needed to get the house ready for the MLS. Whether you are patching holes, touching up paint, or fixing a leaky faucet, all of these small fixes can add up fast. And if your house needs more than just a few small repairs, the amount you spend fixing it up may not be worth it.
Marketing a house costs money. A real estate agent will list your house in the MLS, but they may not advertise it to other websites. As the seller, you may find that you end up paying these costs along with the additional costs of professional photography, staging, and a cleaning service to help your home look photo-ready.
When you factor in the utility bills, property taxes, insurance costs, maintenance, miscellaneous repairs, and landscaping, just owning the home is costing you money… and that’s not including the mortgage if you have one. Selling your house quickly to a direct buyer will save you thousands compared to selling your house months down the road.
If you choose to hire an agent, you’ll need to know about any costs you can expect for their services. A standard commission will be somewhere around 6%. You’ll want someone who is full service so you don’t find yourself on the hook for things like administrative fees.
Once you total up all of these expenses, and feel that it does not fit into your budget, you can have the option of choosing to sell to a direct buyer like LJE Property Solutions. You can get an offer quick and run the numbers for yourself, there is never any obligation!
Ways To Avoid Selling Costs
Sell Your House Directly
The easiest way to sell your house without any cost, is by selling it directly to LJE Property Solutions. We will offer you a fair price, free of the costs, hassles, and wasted time of a traditional listing. You won’t have to spend a dime on any of the things listed above.
List Your House “As-Is”
Instead of spending the money to fix up your property for the MLS, you can choose to list it as-is. Keep in mind that it may take longer to find a buyer this way as most buyers on the MLS are looking for turnkey houses that they can move into right away. If your house needs some work, you may have better luck selling it directly.