Did you know that the most common mistakes that people make when selling their homes include getting too emotional, improperly preparing for their sale, and not understanding the cost to sell a house?
If you are thinking about selling your house, it’s essential that you understand all of the necessary steps for doing this. Unfortunately, it’s very common for people to run into problems when selling their homes if they don’t understand the necessary costs such as home selling fees.
To help you to figure out what kinds of costs will be involved, we’ve created a guide. Keep reading if you want to find out more.
Real Estate Agent Commission
The first expense you’re likely to face when selling a house is real estate agent commission fees. If you want to lower these fees, you should consider creating a home selling checklist.
In most situations, real estate agents charge around five percent of a home’s sale price. Even if you are not interested in hiring an agent, it’s still a smart idea to hire a listing agent.
Pre-Inspections
Your house pre-inspection should cost you around five hundred dollars. Many people think that this is an unnecessary expense, but those who do choose to do this will save themselves potential stress later on if unexpected problems related to your home develop later on in the selling process.
Paying for Professional Cleaning
Even though it’s possible for you to clean your house by yourself, professional cleaners are going to do a much better job. In most cases, it will cost you around three hundred dollars to have your house professionally cleaned, but this price will vary depending on how much cleaning needs to be done and how large your house is.
If you want to save money on cleaning fees, you should be aware of the top three projects to help sell your house. If this interests you, make sure to have a look at this article.
Landscaping
It will cost you around one hundred and fifty dollars to pay for landscaping. By paying for this service, you’ll increase your home’s curb appeal.
Home Warranty
You’ll encourage people to buy your home if you offer a home warranty. This is because potential buyers will have peace of mind in knowing that if anything breaks, they won’t have to pay for the repairs or to make replacements.
Capital Gains Tax
Keep in mind that in many situations, the capital gains tax will not apply. Make sure to do some research to find out if you’ll need to pay this fee or not.
Know the Cost to Sell a House
If you are planning to sell your house, it’s important to know how much it will cost you. By knowing the cost to sell a house, you’ll decrease the likelihood that you’ll face unexpected fees and taxes.
If you want to find out more about selling a home, then be sure to check out the Finance section of our blog.