So you find yourself ready to sell and while you don’t want to pay all of the commissions and fees that come along with a traditional real estate agent, you also dread all that is involved with listing the property as for sale by owner. Here are a few ways a direct sale will save you money.
No Repairs or Renovations
Inspections and appraisals are an integral part of the home selling process, in order to pass inspections, it’s possible that you could end up facing overwhelming repair bills. Real estate professionals know that many buyers won’t be able to realize the potential you may feel your property possesses because they can’t see past anything that is outdated. These upgrades can be anything from aging cabinetry to apparent wear and tear in flooring, woodwork, and even the paint on the interior and exterior of the home.
Pack and Go
Today’s real estate professional will likely advise that you store your own belongings and spend further on staging the home, both for advertising publications and showings. In addition, you’ll need to keep up the exterior curb appeal for these reasons. You can save all the costs involved in a deep clean of your home when you sell directly.
Forget Closing Costs
You’ll save money when you sell directly by eliminating most of the normal fees associated with traditional closings. You’ll also forego the fees normally associated with the required reports from appraisals and inspections in most cases. Especially on newer or more recently renovated properties.
No Marketing Expenses
Whether you are working with a real estate agent or selling your home on your own, any marketing expenses will be passed on to you. Naturally, the more you spend, the better your advertising vehicle and reach to the public. As a part of the marketing plan, you’ll need to have your home picture perfect.
Monthly Costs Eliminated
The monthly costs of homeownership can add a lot of pressure, especially if you’ve already had to relocate for work or personal reasons. These costs can run into the thousands, including taxes, mortgage, insurance, utilities, and maintenance. If your home is aging, repair bills are usually depleting your funds on a more regular basis and can be extremely expensive. By choosing a direct sale, you could quite literally save yourself thousands!
Call LJE Property Solutions today at 254.493.2101 or send us a message to learn just how quickly we can help you start saving money!