Traditional home sales carry several expenses when selling your house in Lenexa. Some of these costs you may not have taken into full consideration. No matter if you select to work with a professional real estate agent or sell on your own, you’re likely to run into all of these expenses in one way or another. Read on about these 5 costs you may not be aware of when selling your house in Lenexa.
Commissions and Fees
Along with the traditional commissions that real estate agents charge, there may also be fees charged for the brokerage services and other costs associated with using an agent. Even if you sell on your own, a buyer is more than likely going to be using an agent because it is of no cost to them. If you are able to find a buyer on your own, you will likely have to chip in 3% of the sales price for the buyer’s agent, which will cost you thousands if not tens of thousands of dollars.
While posting your house on Zillow and throwing yard signs in your yard may bring in buyers, there are some other things to consider about actually legitimizing your listing.
Besides the inconveniences of showings, successful marketing comes with costs you may not be aware of when selling your house. In order to compete, online listings require high quality photographs, frequently taken by a professional photographer. This may also include the services of a professional drone pilot for virtual tours given today’s high demand for this feature on listings.
These are costs that are typically covered by a listing agent, so when you sell without the guidance of an agent you end up taking on those expenses yourself.
Prepping your home to be in selling condition may be one of the largest and most stressful of the costs you may not take into full consideration when selling your house.
The last thing you probably want to do as a seller is to invest even more money into the house, but likely this is just what you may end up having to do. Inspections always have a long list of items, and if they cause enough concern from the buyers you will have to pay up.
Structural issues, foundation or even plumbing or electrical problems can literally run into thousands of dollars. Any known issues with the home must be disclosed. If you aren’t able to afford the repairs, be ready to deduct the costs from your asking price.
Simply holding on to a property will cost you. Remember all those monthly bills and expenses that come with owning a home? Yeah, those stick around. So the longer your house takes to sell, the more money it costs you.
A delay in the sale your home could be caused for any number of reasons. If you’ve moved forward with plans and relocated, holding the property is a burden and adds greatly to the listing costs to expect when selling your house in Lenexa.
You can avoid all of this with a definite closing date and firm offer from Phenomenal Properties KC!
Closing costs for the seller are also costs you may not fully be aware of when selling your house in Lenexa. While some of these costs may be negotiated in the contract, you’ll be responsible for items such as the transfer tax and title insurance. There are also escrow and closing fees along with any HOA fees, attorney fees, and prorated property taxes. Some sellers also sweeten the deal to attract buyers by paying a credit towards the closing costs.
Avoid These Costs By Selling to Phenomenal Properties KC
You could be facing a small fortune in costs that you may not be aware of when selling your house in Lenexa. Why not avoid the listing costs you’d normally expect to pay by selling to Phenomenal Properties KC instead? With a direct sale to Phenomenal Properties KC, closings are quick (in as little as 14 days) and you don’t need to worry about repairs. Phenomenal Properties KC takes on the risks, buying your home as-is, and we pay ALL of the closing costs!