5 Things You Should Know About The Costs Of Selling Your Home

When you decide to sell a house, prepare to incur more charges on top of the commission you will pay the agent. Some of the costs you will pay are closing costs, repair costs, staging costs and relocating costs. Other costs that can be incurred include landscaping, cleaning and repairs.  Also, you may incur additional charges as you look for the highest bidder. This article delves into costs that you need to know about when you decide to sell your house. It will help you know how much it costs to sell your house.

  1. Real estate commission

It is the amount of money you pay the agent that will market your house. Most agents charge between 5-10%.

  1. Preparing the home for sale.

Before you list the home, it is critical to ensure that it is ready for the market. This way, it will attract buyers who will be willing to pay more.  Also, you need to hire somebody to clean the carpet. It will cost you about $50 to hire a professional cleaner.

  1. Staging

You will incur expenses to arrange your home to make its best features be seen. The features will attract buyers and make them want to pay more. It entails improving on the décor, arranging the furniture to make it more appealing. To do this, you may need to hire a stager. When you stage your house, it will increase the selling price by an average of about 5%. They will charge you about $3,200 to do the job. You can save this money if you choose to do the staging by yourself. But the problem is that you may not do the job to the expected standards.

  1. Landscaping cost

Very few people know that the outside of a home is important when you want to sell it. So, you will need to spend some money on the landscape to increase the value of your home. Note that the landscape matters a lot to online shoppers.  They will be looking at things like flowers, mulching, pruning, and the loan cover.

  1. Home repairs

Of course, most of you think this is the most important thing when you want to sell a house. Yes, it is, and it determines how much money you will get when you sell off the property. All you need to do is to ensure that your home is looking good before you list it. It will reduce the likelihood of making huge concessions when you put the offer on the table. Have a home inspection check-list and walk through all the necessary repairs one at a time. Also, ensure that you give your house a new coat of paint.

Once you have done the repairs, landscaping, and staging the home, the house will be ready for listing.  List it with agents who understand their job. Don’t go for cheap agents since they are likely to sell the house at a low price. A good agent should charge you between 5 and 6 percent.