Listing your home isn’t free. There are costs, chores, and a lot of work that goes into getting your home ready for the market. Before you list your home, think about the time, energy, and money that goes into it. If you have a direct buyer with a great offer, it is often preferred to the hassle and out-of-pocket costs of listing. What it REALLY costs to sell your home in College Station.
Commissions, Staging & Yard Work, Oh My!
The first thing you have to do is thoroughly clean your home. The windows should be cleaned inside and out, grout and tile cleaned, baseboards and molding, and every obscure area, such as window sills and ceiling fans. If you have a pet, you must pay close attention to their hair and odors. You can clean all this yourself, but you will not be able to clean it with the efficiency of a professional. Apart from that, it takes a lot of time and energy to do the cleaning for home showings, open houses, and surprise visitors.
When selling your home, do not neglect your yard. You will want to make sure your yard has excellent curb appeal, and isn’t overgrown or filled with weeds. Just like the cleaning, you can do this yourself, but there will be hard work involved. You will want to:
- Trim trees and bushes.
- Weed the lawn and open areas.
- Plant flowers and appropriate plants.
- Fix anything in need of repair.
- Add fresh paint to outdoor trim, mailbox, door, etc.
- Add seating and other elements of staging to make the outside areas more welcoming
The backyard should be warm, inviting, and well-manicured. The front yard is your first impression, make it a good one!
Storage & Moving
A smart move to make, while still living in the house, is to pack some of your personal items and store them so that you will be ready to move. Having personal items around your home can make it feel cluttered, and dissuade buyers from having interest. While your home is listed, you will need somewhere to keep your stuff. This might require offsite storage. If you are staying somewhere temporarily until your house sells, you will likely be paying rent in addition to your mortgage. (And don’t forget, two sets of utility bills.)
Once your house does sell, there are the costs of moving. You have to consider things like if the movers will help, if you will have to do the packing, and if you will need a truck. All these will add to the cost of your budget.
Listing Fees, Agent Fees, Administrative Fees and Notary Charges
You will also have some fees to pay apart from commission if you sell through an agent. These charges will be passed to you by the agent, and include fees for marketing, listing, and administrative tasks, such as clerical work and printing. You will face costs for notarization and other small charges that add up fast.
By selling your home through an agent, the agent becomes entitled to a commission, which can be a huge sum. Commissions vary around 6% of sale price. It is wise if you factor in commission and other listed costs when you are calculating or fixing your asking price.
There is an alternative way to sell your College Station home for a great price! Send us a message and we will be in touch! Or give our office a call today! (979) 431-1663