Change is inevitable. Everything is changing and so many things have changed already. For instance, selling the conventional way is no longer the most popular method of selling a home in Houston, Texas. Some would say that’s because people love embracing change, but we think it’s because they have realized selling with the help of an agent is too costly for an average seller.
Before you hire a real estate agent to selling my home in Houston, Texas, you should take a minute to evaluate the costs. Find out if the expenses are worth it before you make any final decision. Consider selling directly to a cash buyer as this is without a doubt the cheapest selling method in Houston, today.
The following costs are the costs that you ought to watch out for if you choose to sell my Houston home with a real estate agent:
The closing cost
This usually takes up to 5 percent of the final sale price. So say the home that you’re selling is 200,000 dollars. The buyer’s representative will ask you to pay 10,000 dollars! Just imagine what you can do with all that money. Heck, you can pay for your annual utility bills and still be left with enough change to feed your family. The closing costs include things like the inspection fees, transfer costs, origination charges, and more. And did you know that you could avoid paying the closing costs if you work with a cash buyer? We will tell you how at the end of this post. Keep reading.
The agent fees
Like the closing costs, the agent’s fees will take a huge chunk off the final sale price as well. And depending on the agent, you’ll find that the administrative expenses are tacked on top of what you’re being asked to pay. This includes things such as printed materials, listing services, copies, flyers, open house sandwiches, etc.
You can’t avoid this cost if you want to make a good first impression when a potential buyer shows up. Hiring a third eye is essential because they’ll help you accentuate the positives and hide the flaws. Also, getting a professional who takes good quality real estate photos in Houston is not easy or cheap. You have to invest in you want to make more money after selling.
Obviously, the property is an old property. Even if it’s in tiptop shape, adding a new coat of paint will help you sell more as it will increase its value. Repaint all the rooms and the front door. Make sure you use a neutral color as the buyer might have a different preference.
We do have lenders who charge clients who prefer paying off their mortgages early. That’s why it’s important to always check with the lender before signing any dotted line.
Do you now want to know how you can avoid paying all these costs?
How about you pick up the phone and call us NOW!