When you’re thinking about selling a home, you usually consider all the money that you’ll be able to make when you do it. But did you know that selling a home might also cost you some money?
There are several different home-selling fees that you’re often going to face when putting a home up on the market. You should learn all about what the cost to sell a house will be prior to listing your home for sale.
So, how much does it cost to sell a house? Here are just some of the things you’re going to need to plan to pay for.
Before you begin to sell a house, you’re typically going to want to make sure that it’s in great condition. You’re going to want to do things like fix the leaky plumbing pipes under the kitchen sink and patch up the hole in the wall in the utility room.
These home repairs are obviously going to cost you at least a little bit of money and make you wonder, “How much does it cost to sell a house?”
You can skip these costs when you say, “I’m going to sell my house fast for cash,” and sell it to a cash buyer who doesn’t care about what kind of condition it’s in. But otherwise, you’re going to want to improve your home’s look and functionality by making certain home repairs.
Outside of making repairs prior to selling a home, you may also want to go through the process of staging your house. To do this, you’ll usually have to bring a staging company on board to help you out.
And of course, hiring a staging company is going to cost you some money. It’ll be well worth it once you see how great your house looks when everything is done. But you’re going to have to budget for it as part of the home-selling process.
Real Estate Commission
The real estate commission that you’re going to have to pay when selling a house is going to be the biggest fee that you’ll face. It’s usually going to be about 5 to 6% of the sale price of a home.
Depending on how much your home sells for in the end, you could be looking at paying at least several thousand dollars to the real estate agents involved in your transaction. It’s all part of the cost to sell a house when you work with realtors while doing it.
How Much Does It Cost to Sell a House? It Really All Depends
There isn’t really a way to provide just one answer to the question, “How much does it cost to sell a house?”
Some people don’t spend any money selling a house. They leave it as-is and sell it to a cash buyer.
Others will spend tens of thousands of dollars selling a house. They’ll spend it on fixing their house up before listing it and working with real estate agents.
How much are you prepared to pay to sell your house? It’s a question you’ll need to answer when you’re getting ready to list it.
Read the other articles on our blog for more tips on selling a home.